GM's US Sales Drop on Weaker Fleet Deliveries and EV Demand

Key TakeawaysGeneral Motors' first-quarter U.S. sales fell 1.5% from a year ago as a result of weakness in fleet deliveries and electric vehicle (EV) demand.Domestic retail sales for GM advanced 6%, keeping the automaker ahead of Toyota as the best-selling brand in the U.S.However, GM said its commercial sales suffered as it faced temporary production constraints that affected midsized pickup trucks and vans. General Motors (GM) shares slipped 1.1% Tuesday as the automaker reported first-quarter U.S. sales ...