GM's US sales increase 7 per cent in February

General Motors Co. announced that it sold 224,314 vehicles in the United States in February, up 7 per cent compared with a year ago. Retail sales and fleet sales were both up 7 per cent. The fleet mix was 25 per cent of total sales, equal to a year ago.

"The housing
sector has now joined auto sales in propelling the US economy forward," said Kurt McNeil, Vice-President of US sales operations. "More importantly, the recovery in new home construction is reinforcing the underlying improvement in auto buying conditions, especially for pickups."

"Light vehicle sales have now been running at a mid-15 million unit annual rate since November," he added. "This sets us up well for the launches of key new products this year, including an all-new generation of Chevrolet and GMC full-size pickups and an all-new Chevrolet Impala and Cadillac CTS."

Posted in: February,General Motors,GM,International,Kurt McNeil,Sale Report,US Sales