General Motors (GM) US August Retail Sales we up 8%

September 1, 2006 1:49 PM EDT
General Motors' (NYSE: GM) dealers in the United States sold 368,776 new cars and trucks in August. Retail sales were up 8% on a sales day adjusted basis, compared with August 2005.

Total GM U.S. retail passenger car sales are up 5 percent versus August last year, demonstrating that GM can compete in all product categories and take advantage of shifting consumer preferences.

Chevrolet retail sales were up 8 percent, to 144,640 vehicles, led by an 11-percent increase in retail truck deliveries. Chevrolet also had a 3-percent hike in retail car deliveries, driven by more than 60-percent increases in both Monte Carlo and Impala.

GMC retail sales were up 17 percent for August with 36,394 vehicles delivered, driven by 9,407 all-new 2007 Yukon and Yukon XL sales. Cadillac retail sales were up 17 percent, to 17,062 vehicles, Saturn retail car sales are up 5 percent compared with August 2005.

GM Asia Pacific - GM Asia Pacific's 2006 third quarter production forecast is revised at 425,000 vehicles, down 13 percent from last month's guidance.

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