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GM (GM) U.S. Sales Slip 6% in January; Buick, Cadillac Lead Decline

February 1, 2012 10:05 AM EST
GM Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Revenue Growth %: +4.4%
General Motors Co. (NYSE: GM) today reported total sales of 167,962 vehicles in the United States in January, down 6 percent compared with a very strong January 2011.

Chevrolet passenger car sales increased 13 percent. GM’s total passenger car sales increased 3 percent in January, led by a 30 percent increase in sales of fuel-efficient small and compact cars, which include the new Chevrolet Sonic, the consistently strong-selling Chevrolet Cruze and the new Buick Verano.

In addition, the Buick LaCrosse, which now offers the 36-mpg highway eAssist powertrain as standard equipment, posted a 6 percent year-over-year increase, and the Chevrolet Camaro was up 20 percent.

GM’s crossover sales decreased 18 percent and sales of trucks, which include full-size pickups, vans and SUVs, decreased 6 percent.

Retail deliveries declined 15 percent compared with the same month a year ago and accounted for 70 percent of GM sales.


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