: GM stock rises after 19% quarterly sales increase

General Motors Co. GM said Wednesday it delivered 691,978 vehicles in the second quarter, up 19% year-on-year. That includes the sale of more than 15,000 electric vehicles, the auto maker said. “All four of GM’s brands delivered double-digit year-over-year increases in the second quarter, GM Envolve [fleet services] continued its growth with fleet customers and the company expanded its truck leadership,” GM said. The stock gained 1% after the news. Earlier this week, Tesla Inc. TSLA, Rivian Automotive Inc. RIVN and other legacy and EV makers reported sales data as well, lifting the sector.

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