BRIEF-GM sees U.S. market in 'trough' of downturn


DETROIT, Oct 29 (Reuters) - General Motors Corp * GM thinks the U.S. market is in its "trough right now of the downturn," chief sales analyst says on a conference call with analysts * GM says planning for oil prices to rise from recent lows but doesn't expect oil to reach highs above $140 per barrel. * GM says depressed consumer confidence is a bigger negative factor for U.S. auto sales than tighter credit. (Reporting by Soyoung Kim, editing by Gerald E. McCormick)

Premium Content (PAID Subscription Required)

"BRIEF-GM sees U.S. market in 'trough' of downturn" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×