TPI Composites files for Chapter 11 bankruptcy, plans delisting from Nasdaq
Investing.com -- General Motors (NYSE:GM) has reported a robust first quarter in 2025, witnessing an overall increase of 16.7% in U.S. deliveries compared to the same period in 2024. The automaker’s total U.S. deliveries for Q1 2025 were 693,363 vehicles, a significant rise compared to 594,233 vehicles in Q1 2024.
Among GM’s brands, Buick experienced the most substantial growth, with a 39.3% increase in sales. The Encore GX and Envista models were the key drivers of this growth, with sales increases of 52.7% and 53.8% respectively.
Cadillac also saw a healthy growth of 17.8%. The Escalade and CT5 models performed well, with sales increases of 38.8% and 31.7%, respectively. However, sales of the LYRIQ model saw a decline of 25.9%.
Chevrolet’s sales rose by 13.7%, led by the Colorado, Equinox, and the Trax models, which saw sales increases of 73.3%, 31.0%, and 57.0% respectively. On the other hand, the Malibu and Camaro models experienced a significant drop in sales, declining by 83.6% and 98.4% respectively.
GMC’s sales increased by 17.6%, showing strong numbers for the Acadia, Canyon, and Savana models, with sales increases of 72.8%, 65.9%, and 138.9% respectively.
In the electric vehicle segment, GM saw some significant jumps. The Blazer EV, Silverado EV, and HUMMER EV models saw sales increases of 931.2%, 124.6%, and 108.6% respectively. However, the Bolt EV model nearly vanished from the sales chart with a 99.8% decrease in sales.
Trucks and SUVs continue to be the dominant models in GM’s portfolio. The Silverado and Sierra models led the way with 129,714 units and 78,541 units sold respectively in Q1 2025.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.