April 1, 2011

[Mr. Shaman]

April 1, 2011​

"GM continues to see industrywide U.S. auto sales rising to 13 million to 13.5 million in 2011, including medium-and heavy- duty vehicles, Johnson said today. Light-vehicle sales in 2010 rose to 11.6 million from a 27-year low in 2009. Annual U.S. deliveries were 16.8 million on average from 2000 to 2007, according to Woodcliff Lake, New Jersey-based Autodata.

Industrywide U.S. light-vehicle sales probably ran at a seasonally adjusted annual rate of 12.9 million in March, according to the average of nine analysts’ estimates. The rate was 11.7 million units a year earlier, according to Autodata.

GM rose $1.45, or 4.7 percent, to $32.48 at 2:15 p.m. in New York Stock Exchange composite trading, reversing a decline before Johnson’s comments on Japan. Ford gained 45 cents, or 3 percent, to $15.36."

GM, Ford See U.S. Sales Undeterred​

For the 'Baggers:

undeterred: not discouraged or dissuaded