CORRECTED - GM's Lutz says mortgage 'meltdown' hits auto sales

Newswire

(Corrects name of reporter) LOUISVILLE, Kentucky, April 23 (Reuters) - The crisis in the U.S. mortgage market has hurt U.S. auto sales this month, General Motors Corp. Vice Chairman Bob Lutz said on Monday. Lutz, who was in Louisville, Kentucky to attend an automotive industry conference, said he did not know how GM's own sales had performed in April to date, but said he expected the whole sector would feel the impact of the stress on the housing finance market. "The market as a whole ...

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