Lutz says GM's retail sales rose sharply in March

Newswire

DENVER, March 31 (Reuters) - General Motor Corp.'s U.S. vehicle sales rose sharply at the retail level in March, a senior company official said on Thursday. "Retail sales should be up 30 percent over February," GM Vice Chairman Bob Lutz said in an address to a meeting of the South Metro Denver Chamber of Commerce. Lutz did not elaborate, but he told reporters last week that GM's overall sales for March would be relatively flat compared with the same month last year. Some analysts have ...

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