Saturn Outlook

Declining Truck Sales Cripple Gm

General Motors Corp.'s sales sagged in June as demand for its small cars dropped. Also, aggressive discounting by the Toyota Motor Corp. injured GM’s pickup trucks. Of the Detroit Big Three, GM suffered the largest monthly decline, with sales diving 21.3 percent - the number is slightly weaker than June last year. Overall, vehicle sales fell three percent from year-earlier levels, and the drop would have been sharper if there had not been an extra selling day in June. On a seasonally...

Gm Gets Slight Lift From Truck Sales

Auto industry got loads of surprises. Sometimes you just have to expect the unexpected. In February, the Ford Motor Co. and Chrysler Group suffered sales decline. Other critics expect that General Motors Corp. would also suffer the same plight. Unfortunately, their guess is not as good as any one else. This is because GM sold more vehicles than expected. Last month GM reported a 3.7 percent improvement over a year ago despite a flat U.S. market and poor results at rivals. The February...

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