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GM reports solid 23% sales gain in January - Drive On: A conversation about the cars and trucks we drive - USATODAY.com
Once left for dead, the US Auto industry is showing strength once again. TARP bailouts, which were decried as wasting good money after bad are proving to be a wise investment
General Motors saw a 23% sales increase in January compared with the year before as customers returned to new-car showrooms.
Most encouraging was the 36% increase in so-called retail sales, individuals buying new cars, not just big sales to fleet customers such as rental car agencies that are less profitable. Those fleet sales were down 7% compared with the same month a year ago.
Once left for dead, the US Auto industry is showing strength once again. TARP bailouts, which were decried as wasting good money after bad are proving to be a wise investment
General Motors saw a 23% sales increase in January compared with the year before as customers returned to new-car showrooms.
Most encouraging was the 36% increase in so-called retail sales, individuals buying new cars, not just big sales to fleet customers such as rental car agencies that are less profitable. Those fleet sales were down 7% compared with the same month a year ago.
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