General Motors Beats Estimates For December Vehicle Sales

General Motors Company GM reported Monday that December vehicle sales were up 19.3 percent, above analyst expectations of approximately 13 percent growth.

Dealers in the United States delivered 274,483 vehicles in December for the company’s best December sales in seven years. Retail sales were up 23 percent and fleet deliveries were up 6 percent.

“Chevrolet was strong in every segment of the market, from pickups and SUVs to cars and crossovers. Buick and GMC also had strong sales across the board, and our growth far outpaced the industry average,” said Kurt McNeil, U.S. vice president of Sales Operations. “Everything you need to have a great month was in place: Consumers felt good about the direction of the economy, interest rates and fuel prices were low, and our dealers did a great job introducing customers to our incredible range of new and redesigned vehicles.”

General Motors recently traded at $34.18, down 1.89 percent.