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To: toaster

Sales of General Motors vehicles were down 25.9 percent in June, compared to the same period a year ago.

The company announced the figures in a news release issued today. GM says last June's performance -- with deliveries of 558,092 vehicles -- was the strongest sales month in 19 years, fueled by a promotion offering employee discounts to the general public. The Detroit-based automaker is not expected to offer the same incentive this summer.



The news comes as General Motors is weighing last week's announcement that the Nissan-Renault partnership is interested in buying a stake in GM. Billionaire investor Kirk Kerkorkian, who holds a 10 percent stake in GM, has urged the company's board to consider such a move.


15 posted on 07/05/2006 4:56:16 PM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: All

GM Reported June Sales of 429,742 units back in 2003 versus 413,500 units this year.


16 posted on 07/05/2006 5:00:20 PM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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