GM announced today that its sales fell 29.6 percent in May, which is much better than the 36 percent decline the analysts predicted. GM sold a total of 191,875 vehicles in May, as compared to 272,363 during the same period last year.

GM said that its sales in May were up 11 percent over April, or by 19,000 units. The Detroit automaker said that it was the company’s best performance of the year.

“What was lost in all the financial turmoil is that our outstanding products continue to compete strongly in the market,” said Mark LaNeve, GM’s vice president for North America vehicle sales.

- By: Omar Rana

Source: Free Press


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  • saddayinamerica

    Now that we own GM. GM should do something for us …

    To clear out inventory, GM should hold a national lottery to give away all vehicles on every lot. Using SSN from the SS admin (they have access to it since the gov't runs both). One per family even if two or more SSN picks from the same family. If won, you can turn it down if wished.

    This is a good way to bring in new customers. Dealers get more traffic at service bay. The IRS get tax from the winning. You get a new car!

    Everyone wins!!!

  • GMfan87

    hmmm…somehow I doubt they'll do anything like that…

  • kabluey

    Well when 1,200 dollar stores have to close I would expect them to be even cheaper then! HA

  • saddayinamerica

    Now that we own GM. GM should do something for us …

    To clear out inventory, GM should hold a national lottery to give away all vehicles on every lot. Using SSN from the SS admin (they have access to it since the gov't runs both). One per family even if two or more SSN picks from the same family. If won, you can turn it down if wished.

    This is a good way to bring in new customers. Dealers get more traffic at service bay. The IRS get tax from the winning. You get a new car!

    Everyone wins!!!

  • GMfan87

    hmmm…somehow I doubt they'll do anything like that…

  • kabluey

    Well when 1,200 dollar stores have to close I would expect them to be even cheaper then! HA