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Thursday, 29 October 2009 10:07

GM Sales Up in October

A top General Motors Co. sales analyst says the automaker is likely to post its first year-over-year monthly sales gain in October.

Mike DiGiovanni says GM also should see its market share increase for the third straight month despite shedding the Pontiac, Saturn, Saab and Hummer brands. DiGiovanni says the U.S. auto market is not out of trouble yet but is showing signs of recovery.
Automakers release sales results on Nov. 3.

GM's last year-over-year monthly increase was in January of 2008.


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