GM (GM) may not be doing well in the US, but overseas is a different matter. While the big US car company sold slightly few units in Q2 than rival Toyota (TM), GM made 2.4 million vehicles during the period.
Fifty-eight percent of GM’s sales for the quarter were outside the US. According to Reuters: GM’s chief sales analyst, Paul Ballew, said on a conference call that the automaker expects to see sales outside the United States rise by 400,000 to 500,000 units this year
If GM can get reasonable break in its UAW negotiations and with overseas sales rising so quickly, 2008 could be a very good year.
Douglas A. McIntre
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
