Filed under: Car Buying, GM, Earnings/Financials
General Motors rounded out 2010 on a high note. December ended with a 16-percent rise in sales versus the same month in 2009 and GM's four core brands managed to sell 21-percent more vehicles in 2010 than 2009. Factor in the four brands that were axed and the General still sold 118,435 more vehicles, or six-percent, more this year than last. Much of the success at year's end is thanks to strong crossover sales. GM says that CUVs were up 42 percent compared to a year ago. Pickup truck sales were 29-percent higher, but cars weren't quite as strong. GM saw car sales falter by six percent thanks to waning fleet sales, even while retail sales jumped by 14 percent versus a year ago. Hit the jump for more details. [Source: General Motors]Continue reading GM reports 16% December increase, calendar 2010 sales up 21%
GM reports 16% December increase, calendar 2010 sales up 21% originally appeared on Autoblog on Tue, 04 Jan 2011 11:45:00 EST. Please see our terms for use of feeds.
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