General Motors' U.S. sales slumped in the first quarter, trailing rival Toyota's

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General Motors' U.S. sales slumped in the first quarter, trailing rival Toyota's
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General Motors' U.S. sales slumped in the first quarter. They were hampered by persistent supply-chain problems.

, as ongoing supply-chain issues disrupted its production and kept dealers' inventories tight.

But GM's North America chief said that supplies of semiconductor chips are improving, and that he expects that GM will be able to post year-over-year sales increases by the second half of 2022. GM's factories were able to operate at "close to normal levels" in the first quarter, said Steve Carlisle, president of GM's North America business unit.

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