GM reports 1 percent US sales increase - WNEM TV 5

GM reports 1 percent US sales increase


General Motors says its U.S. sales rose 1 percent last month, led by its small cars.

Analysts had expected the company to post lower sales compared with last February, when it offered big discounts.

GM says its small cars led the sales increase as gas prices spiked in February.

The Chevrolet Sonic subcompact had its best month, with sales of almost 8,000. Chevy Silverado pickup sales rose nearly 2 percent to just over 32,000.

"Commercial sales are a good barometer for the economy," said Don Johnson, vice president, U.S. Sales Operations.  "GM's commercial deliveries increased 35 percent in February, driven by strong sales of heavy-duty pickups."

Ford, Chrysler, Nissan and Volkswagen all reported much stronger sales increases. Analysts are forecasting a 3-percent rise in U.S. sales, and expect small cars to drive the growth.

Copyright 2012 Associated Press. All rights reserved.


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