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Auto-industry website predicts good sales month for GM



Published: Wed, November 28, 2012 @ 4:43 p.m.

YOUNGSTOWN — General Motors sales are anticipated to increase by 9 percent in November, which is a solid gain but less than the industry average for the month.

Truecar.com, an automotive information website, is projecting that GM will sell 196,575 vehicles this month. The company also anticipates an industry-wide increase in sales of nearly 13 percent.

“Despite being below the industry average this is still a strong sales month for GM,” said Jesse Toprak, senior analyst for TrueCar.com.

This is the first month where sales figures for the Japanese companies are comparable because of all the disruptions to supply in 2011, he said.

Sales are expected to remain high through December as more customers try to replace vehicles damaged by Superstorm Sandy, Toprak said.

“There are a lot of people who may not have received their insurance checks yet, or may have wanted to buy a new car, but the inventory was not yet available,” he said.

Solid sales numbers are expected to continue into 2013, Toprak said.


Comments

1rickking123(247 comments)posted 1 year, 4 months ago

Island Mike
Island Mike
Bueller.....

GM is alive
and building plants with the Chinese thanks to the U.S. taxpayer!!!

Suggest removal:

2IslandMike(676 comments)posted 1 year, 4 months ago

.....and the plants in Lordstown and the rest of the U.S. are OPEN thanks to President Obama. Oh yeah, by the way, Bin Laden is DEAD and unemployment is DOWN, U.S. consumer confidence is UP.

The people have spoken!

Only 54 more shopping days until Obama's 2nd Inauguration!!!!

Suggest removal:


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