The General (GM) Does OK In December

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Sales of GM (GM) cars and light trucks fell 4.4% to 319,837 in December.

In December, GM’s light-vehicle sales fell 4.4% to 319,837 units. Car sales moved down 10% to 116,583 vehicles. Light-truck sales, meanwhile, fell 0.8% to 203,254 trucks.

For the full year 2007, GM recorded a 6% drop in U.S. sales to 3.82 million vehicles.

GM’s shares are off about 2% on the news and hit a 52-week low of $23.24.

Douglas A. McIntyre

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