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GM predicts double-digit rise in January sales


Bruce Nunnally

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General Motors Corp. predicts it will post a double-digit sales increase this month, compared to January 2009, and increase market share.

GM also has raised its 2010 industry forecast to reflect higher anticipated sales because of encouraging signs of economic and industry recovery. GM thinks the seasonally adjusted annual rate will reach 11.5 million to 12 million vehicles, up from a range of 11 million to 12 million.

GM predicts its January retail sales will be down slightly, but that it will have higher fleet sales.

From The Detroit News: http://www.detnews.com/article/20100128/AU...s#ixzz0dwlVIRGd

Bruce

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