UPDATE 1-GM&#39;s US sales surge, leads industry higher
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General Motors Corp. (GM.N: Quote, Profile, Research) on Friday said its US sales soared a surprising 20.5 percent in September, but the US automaker also cut production
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General Motors Corp  expects the  U.S. auto industry to increase incentives and promotions to  maintain sales above the 16 million mark in 2008, GM's North  American sales chief told Reuters on Tuesday.
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U.S. chain store retail sales rose in the latest week, as increased customer traffic at discount and department stores continues to drive sales, a retail report said on Tuesday.
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DaimlerChrysler AG said on Sunday that its global car sales for 2004 rose 2.1 percent to 3.9 million units.
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General Motors Corp. GM.N on Thursday  led a late-day rally in auto stocks, one day after the world's  largest automaker posted dismal U.S. sales results for August  and cut vehicle production.
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Retail sales, helped by sizzling activity in auto showrooms, jumped by 1.2 percent in December, providing a solid finish to a year in which sales climbed at the fastest pace this decade.
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General Motors Corp. GM.N on Friday  said its U.S. sales soared 20.5 percent in September as  month-end incentives from the world's largest automaker lured  consumers back to dealerships after three months of weaker  results.
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General Motors Corp.  said on  Friday that it sold 2.4 million vehicles globally in the second  quarter, a 8.7 percent increase over the previous quarter.
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General Motors Corp on Wednesday reported worldwide sales of 9.37 million vehicles in 2007, coming in just ahead of Japanese rival Toyota Motor Corp in a closely watched race for the top spot in global sales.
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General Motors Corp. said yesterday its US light vehicle sales plunged 21.3 percent in June, while Toyota Motor Corp. reported its vehicle sales jumped 10.2 percent.
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GM Europe , increased vehicle sales by 5.3 percent to a record 1,127,871 units in the first half as a surge in demand for its Korean-built Chevrolet brand cars compensated for a hefty decline in Saab sales.
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General Motors Corp. Chief Executive Rick Wagoner said he expects US auto-industry sales to rise about 2 percent to 3 percent this year and next, helped by the nation&#39;s economic growth.
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Stocks opened higher on Wednesday after General Motors Corp  reached a deal ending a strike and a report on durable goods orders added to expectations the Federal Reserve would cut interest rates again to spur growth.
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General Motors Corp  said on Thursday its global sales rose 4 percent in the third quarter, but said U.S. sales would be subdued in the fourth quarter and would be flat next year.
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General Motors' sales in China grew 27  percent last year, little more than half the pace it set in  2003 but outstripping estimates for 2004 growth for the world's  fourth-largest vehicle market.
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Ford Motor Co. F.N on Tuesday posted  a 1 percent increase in U.S. vehicle sales for December.
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Stock index futures rose on Thursday, pointing to a higher market open, after data suggested a stronger-than-expected jobs market and an upgrade of General Motors Corp.  sent the auto maker's shares higher.