Tuesday, July 3, 2007

GM U.S. sales down 24 percent in June

(Reuters) - GM said it sold 326,300 vehicles in the United States last month. The results were adjusted for an extra selling day this year.




GM's chief sales analyst Paul Ballew said the industry was "underperforming" as it hurt from high gas prices and a weak housing market in key states such as Florida and California, which account for about one-fifth of the industry's sales volume.


Read more at Reuters.com Business News

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