DETROIT (Reuters) - General Motors Co posted a 7.5 percent rise in December U.S. auto sales and said it expects the industry to report sales at a 13 million-vehicle annualized rate for last month -- far higher than many forecasts and what would be the highest rate of 2010.
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BING NEWS:
- Holiday Retail Sales Rise Despite Ongoing Inflation
Retail sales from the beginning of November through Christmas Eve rose 3.8 percent, according to new data released Thursday.
12/26/2024 - 6:53 am | View Link - US holiday retail sales stronger than last year with online boost, Mastercard says
Mastercard said consumers were "value-minded" and shopped at both brick-and-mortar stores and online platforms in search of attractive deals.
12/26/2024 - 2:45 am | View Link - Dispute panel rules in favor of US in GM corn debate
The dispute began in 2020 when Mexico initially called for a ban of genetically modified corn by the end of 2024, claiming it was harmful to human health. In 2023, then-Mexican President Manuel Lopez ...
12/26/2024 - 2:19 am | View Link - Electronic sales rebound during Black Friday, Cyber Monday period
After eight straight quarters of revenue declines in the sector, spending grew 3.5% during the two weeks ending Dec. 7, according to Circana analysis.
12/20/2024 - 5:04 am | View Link - US new vehicle sales set to rise 7.3% in December, report says
U.S. new vehicle sales are expected to rise 7.3% in December, aided by deeper discounts from automakers and dealers, industry consultants J.D. Power and GlobalData said in a joint report on Thursday.
12/19/2024 - 1:28 am | View Link - More
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