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Stock impact report

Surging Chevy Silverado Sales Lift GM to 1st Place in the Pickup Market [The Motley Fool]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: The Motley Fool
At this time last year, some analysts and investors were worried thatGeneral Motors(NYSE:GMFiat ChryslerNYSE:FCAUoutsold the Chevy SilveradoEven then, the concerns seemed overblown. After all, GM sells somewhat pricier full-size pickups under the GMC Sierra nameplate, and including the Sierra, the General remained well ahead of Fiat Chrysler throughout 09. In addition, management attributed GM's market share losses in the first half of last year to supply constraints related to the transition to a new truck architecture.Today, last year's worries that GM would fall to third place in the pickup market seem downright silly. In fact, General Motors blew pastFord MotorChevy Silverado sales skyrocketed in the first quarter of 00. Image source: General Motors.The Chevy Silverado comes roaring backDespite losing share in pickups during the first half of 09, by the end of the year, GM had delivered 807,9 full-size trucks in the U.S., slightly more than the 80, it delivered in 08. A stellar th Show less Read more
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