Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

General Motors (GM) expects strong demand for automobiles in H2 2021 which is expected to continue into 2022. 


The company forecast its HD pickup trucks’ output to grow by 1000 units per month starting in July as a result of increased production efficiencies at its Flint Assembly in Michigan. The carmaker will also return to producing its full-size pickups at its Oshawa factory in Ontario.


GM’s sales increased by 40pc to 688,236 vehicles in the US in Q2 2021 compared to the same quarter in 2020. It attributed the boost to growing demand despite the constraints imposed by the semiconductor chips shortage earlier this year. 


The company noted that its Chevrolet brand’s deliveries increased by 31pc and GMC’s grew by 50pc in Q2 2021 compared to Q2 2020. Buick’s sales in the second quarter of the year against Q2 2020 increased by 86pc while Cadillac saw a 55pc increase in deliveries in the same period under comparison. 


The company’s fleet sales represented 14pc of its total sales in Q2 2021 with a 69pc increase in sales compared to the second quarter last year. 

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