GM raises Russian sales forecast for '06
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General Motors Corp. expects to sell 175,000 cars in 2007 &#151; 75 percent more than its initial sales forecast for 2006 &#151; a company spokesman said Thursday, as Russia's oil driven economic growth fuels demand for cars.
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General Motors Corp  on Tuesday  said U.S. sales rose more than 5 percent in August, boosted by  strong demand for its pickup trucks and sport utility vehicles.
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A month-end sales blitz of incentives by General Motors Corp.  and Ford Motor Co.  to clear out older vehicles will spur a slight rise in U.S. car and truck sales for September, analysts said.
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US auto sales rose 10 percent in September, led by a 25 percent gain at General Motors Corp. and increases for DaimlerChrysler AG and Toyota Motor Corp.
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Fourth-quarter earnings at the Industrial conglomerate  rose to 1.06 billion as sales rose across each of segments, with aerospace unit Sikorsky and Otis leading the way, the company said.
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French luxury products group Hermes International has reported a 6.1-percent sales rise in 2006 and said it expected stronger growth this year depending on business conditions in Japan.
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WASHINGTON -- The International Monetary Fund on Wednesday raised its outlook for Russia&#39;s economy but warned Moscow to resist spending the extra oil revenues it has received as a result of record energy prices.
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General Motors Corp. GM.N, coming off  two straight months of disappointing sales, told dealers on  Tuesday it will launch new U.S. sales incentives later this  week.
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Russia's government said Wednesday the country's economy grew by 7.1 percent last year, an increase in its preliminary estimates.
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General Motors reports a 4% rise in US car sales in August, its first rise in seven months, thanks to heavy discounts attracting customers.
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General Motors Corp.  on Tuesday  said that overall 2006 U.S. auto sales were likely to come in  below the 2005 total because of higher interest rates and  gasoline prices.
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General Motors Corp. , the  world&#039;s largest auto maker, said on Tuesday its sales in China  rose 47 percent in the first half of 2006, as it benefited from  a stronger-than-expected domestic market.
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Market research firm IDC has raised its 2004 forecast for global personal computer sales growth to 14.2 percent from 13.5 percent, driven by high commercial demand, it said on Monday.
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General Motors Corp. GM.N on Friday  said its U.S. sales soared a surprising 20.5 percent in  September, but the U.S. automaker also cut production and  raised incentives as it grapples with high inventories of  unsold vehicles.
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New fuel efficiency requirements  imposed by Congress will add, on average, $6,000 to the price  of GM vehicles sold in the United States, the automaker's vice  chairman and product chief said on Tuesday.
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General Motors Corp  said on Thursday its global sales rose 4 percent to a record 2.38 million cars and trucks in the third quarter of 2007, driven by strong demand in emerging markets.
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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.