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GM US Sales Up Disappointing 5% For December

GM (NYSE: GM) posted very modest sales in December, up only 5% from the same year in 2010.

The No.1 US car company reported that total U.S. sales were 234,351  For the year, sales rose 14% to nearly 2.5 million, so December was a major deceleration, in comparison, to Chrysler, for example which posted 37% improvement

 

GM said

GM’s total passenger car sales for the month increased 12 percent.  Crossover sales decreased 14 percent. Sales of trucks, which include full-size pickups, vans and SUVs increased 13 percent.

Highlights for the month include a 42 percent year-over-year increase in Chevrolet Sonic sales (compared with the Aveo), a 54 percent increase in Chevrolet Cruze sales, a 20 percent increase for the Chevrolet Camaro and a 13 percent increase for the Chevrolet Malibu.  The Chevrolet Volt sold more than 1,500 units, making December its best month ever.

GMC had the great improvement in total sales for the year among divisions–up 18.8%

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