DETROIT – Industry sales halfway through May are lagging April’s 16.4 million seasonally adjusted annual rate (SAAR), according to a top General Motors Corp executive. "The industry looks and feels like it’s smaller," John Smith, GM group vice president-North America vehicle sales, service and marketing, tells the media here after announcing two new credit card products aimed at improving sales and marketing to new customers. GM’s John Smith says industry sales down in May vs. ...

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