New York, April 04 (FinanceEnquiry.com) - On Tuesday, General Motors Company (NYSE:GM), stated that, it experienced 12 percent hike in US sales in March. It sold maximum number of Chevrolet Silverado pick up trucks in the month of March. The company said, in order to get rid of high gas prices, people are opting for more fuel efficient vehicles, which boosted the sales.
GM manufactures the Cadillac, Chevrolet, GMC and Buick brands. In march, it sold 231,052 cars and truck, which shows a hike from last year’s 206,621.
36,491 Chevy Silverado pick up trucks were sold in March, which marks a hike of 12 percent when compared from the same month last year. 21,607 Chevrolet Cruze compact car were sold and Chevrolet Equinox crossover SUV sales at 20,064. Sales of Volt Electric Car almost quadrupled to 2,289.
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Shares of the company grew more...