(Reuters) – General Motors Co on Friday reported a drop in U.S. auto sales for the first time in four quarters, hit by worsening semiconductor chip shortages and low inventories.
The No. 1 U.S. automaker said third-quarter sales fell to 446,997 vehicles, down 218,195 vehicles from a year earlier.
(Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Maju Samuel)
