DETROIT – Common Motors’ U.S. car gross sales have been down about 15% within the second quarter from a yr in the past because the automaker continues to battle provide chain points, however confirmed enchancment from earlier within the yr.

Earlier than asserting its gross sales outcomes, the automaker stated it has about 95,000 automobiles in its stock that have been manufactured with out sure parts as of June 30, a majority of which have been inbuilt June. Regardless of the issues, the corporate maintained its steerage for the yr.

GM’s second-quarter gross sales have been barely higher than expectations of auto analysts, who had forecast a 16% to 17% decline. In comparison with the primary quarter, GM’s gross sales of 582,401 automobiles have been up by 14%, displaying an enchancment within the automaker’s manufacturing and provide of automobiles.

“We respect the endurance and loyalty of our sellers and clients as we try to fulfill vital pent-up demand for our merchandise, and we are going to work with our suppliers and manufacturing and logistics groups to ship all of the models held at our vegetation as shortly as doable,” GM North America President Steve Carlisle stated in a launch.

Automakers have been scrambling to rebuild vendor inventories which have been hit arduous by manufacturing cuts amid a worldwide scarcity of semiconductor chips and different key automotive parts.

The issues have precipitated automakers to sporadically shutter vegetation or gradual manufacturing for weeks, if not months. The shortage of manufacturing mixed with sturdy shopper demand has precipitated car inventories to plummet to report lows.

Since June 2021, Cox Automotive experiences month-to-month gross sales quantity has been caught in a good window, averaging 1.1 million models a month and peaking at 1.3 million in June 2021.

Automotive analysts and forecasters anticipate U.S. gross sales through the second quarter to be round 3.5 million, down between 19% and 21% from a yr in the past.