GM reports strong Q2 US sales
GM’s results, along with those of Honda Motor, Nissan Motor and Stellantis, indicate robust demand for new vehicles.
10 July 2023
10 July 2023
GM’s results, along with those of Honda Motor, Nissan Motor and Stellantis, indicate robust demand for new vehicles.
The company now expects its net revenues to increase year-over-year by 1.5% to 2.5% for the full FY23.
The decline can be attributed to a fall in consumer spending, due to inflation and rising interest rates.
This showcases a 0.4% increase in net sales from $22.78bn for the same month in 2022.
Gert-Van Wijman from IT services provider Celigo discusses the inflationary pressures that have affected retailers and the role that automation plays in providing a seamless customer experience.
The store will be the brand's 11th physical location in the country.
Optiversal plans to use the proceeds from the seed funding to invest in product development, technology and infrastructure.
The upcoming Barbie movie has launched thirty-plus marketing collaborations with brands ranging from Airbnb to Primark.
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