GM sold 2.3M vehicles in 1Q down 2.5 percent

DETROIT — General Motors Co. sold 2.36 million vehicles globally in the first quarter of 2016 for a 2.5 percent decrease from 2015’s first quarter sales.

The company has strong results in the SUV and luxury segments in China and retail performance in the U.S.

The year-over-year drop was primarily due to continued challenging conditions in parts of South America and Asia and the softening of the mini-commercial vehicle market in China.

North American sales increased 1.2 percent to 800,000 vehicles. In the U.S., GM continued to grow retail share faster than any other automaker with retail deliveries up 7 percent, or 537,000 vehicles.