Oct 1 (Reuters) - General Motors ( GM ) reported a 2.2%
fall in third-quarter sales of its new vehicles in the United
States on Tuesday, pressured by fewer sales days in the
three-month period and lower customer spending due to inflation.
Buyers have been shying away from big-ticket purchases such
as luxury vehicles and switching to utilitarian focused models
that are more affordable.
Sales of GM's compact affordable Trax SUV rose nearly 57% to
59,299 units from a year earlier.
Overall sales fell to 659,601 units from a year earlier. The
Detroit automaker's sales had grown about 21% during the same
period last year.
(Reporting by Nathan Gomes in Bengaluru; Editing by Shinjini
Ganguli)