General Motors (GM) October Sales Down 45%

General Motors (NYSE: GM) dealers in the United States delivered 170,585 vehicles in October, down 45% compared with a year ago. GM truck sales of 97,119 were down 51% and car sales of 73,466 were off 34 percent. The steep decline in vehicle sales was largely due to a significant drop in the market's retail demand as uncertainty over the deepening credit crisis impacted consumer confidence.

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