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Market Commentary and Intraday News

General Motors' US sales up 16 pct in June

320 days ago

(AP:DETROIT) General Motors Co. said its U.S. sales rose 16 percent in June on solid demand for small and midsize cars.

Sales of the Chevrolet Volt electric car more than tripled over June 2011, to more than 1,700. GM also saw double-digit sales increases for the Chevrolet Malibu and Buick LaCrosse midsize cars.

Sales of the Chevrolet Cruze small car were down 24 percent. The Cruze surged in popularity last year when Japanese cars were unavailable after the earthquake. But GM made up for some of that volume with strong sales of its new Chevrolet Sonic subcompact.

GM's best-seller, the Silverado pickup, was up 3 percent as housing construction continues to recover. GM said all truck and SUV sales were up 11 percent.


Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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