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GM January 2012 U.S. Sales Down 6%. Revival Stalled?
General Motors (NYSE: GM) today reported total sales of 167,962 vehicles in the United States in January, down 6% compared with January 2011. All four GM brands posted sales declines year-over-year led by Cadillac which was down 29%. Buick was off 23% and GMC declined 10%. Overall the auto industry was up 11.4% for the month, so GM is not keeping pace with the slow recovery of the auto business, a potentially worrisome development if it becomes a trend for U.S. taxpayers who still hold more than 27% of the company. Continue reading
Posted in auto news, marketing, news, results, sales
Tagged auto informed, autoinformed.com, automotive news, gm results. gm sales results, Ken Zino, results
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