The very mild signs of a crippling economic condition called “stagflation” aren't scaring General Motors Corp., which needs U.S. vehicle sales to remain healthy for the remainder of 2005 more than any other auto maker as it battles to post an annual profit. GM, which reports sales declined 7% in April vs. year-ago on a daily selling-rate basis, says it has not altered its forecast of 3.5% economic growth and industry sales topping 17 million units in 2005. Paul Ballew “There are ...
Premium Content (PAID Subscription Required)
"GM's April Sales Down, Economic Outlook Unchanged" 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!
Current subscribers, please login or CLICK for support information.