GM reports better April sales
DETROIT — General Motors Co. says its April sales rose 6.4 percent as the auto industry continued to see signs of recovery from tough conditions last year.
GM says sales from its four remaining brands — Chevrolet, Buick, GMC and Cadillac — rose 20 percent. GM is phasing out or selling Saab, Saturn, Pontiac and Hummer.
Auto sales were expected to be higher than last April, when the industry was hurt by the economic downturn. But the pace could slow from March, when big sales promotions fueled higher sales.
Edmunds.com says incentives fell 5 percent across the industry.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Brandon man hauls in record 756-pound alligator
- McDaniel delays decision on whether to appeal dismissal of lawsuit
- More than a dozen school districts sue state over funding
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Is cotton looking too good? Farmers facing weaker prices
- Jackson to get C Spire's high-speed internet
- New York firm buying majority interest in Tupelo mall, shopping center
- Bryant issues executive order to establish Delta water task force