G.M. Sales in U.S. Rose 27% in April

Strong sales of fuel-efficient small cars and compact crossover vehicles helped General Motors post a 27 percent increase in United States sales in April from the same period a year ago.

G.M. said Tuesday that consumers migrated to cars like the Chevrolet Cruze to cope with higher gas prices.

“Rising fuel prices have led many to re-think their vehicle choice,” said Don Johnson, G.M.’s vice president for United States sales.

The company is the first to report its April sales — Ford, Toyota, Chrysler and other carmakers will report as the day wears on. The overall industry is expected to report slightly higher sales, as the market continues its slow recovery from the recession-era sales levels in recent years. Analysts forecast an annual selling rate above 13 million vehicles for the month.

Read Full Article from New York Times

- Posted: 2011-05-03 11:35:24

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