GM says May U.S. sales best so far in 2009

article2 300x198 GM says May U.S. sales best so far in 2009

DETROIT (Reuters) – General Motors Corp on Tuesday reported U.S. sales for May.

Highlights:

* says U.S. sales are down 29.6 percent in May.

* says U.S. May sales total 191,875 vehicles

* says U.S. May sales best monthly performance so far in 2009

* reports total truck sales (including crossovers) of 110,866, down 22 percent

* reports car sales of 81,009, off 38 percent

* says end-May inventory 674,000 vehicles, down about 98,000 vehicles, or 13 percent compared with last year

* says had about 284,000 cars and 390,000 trucks in dealer stock at the end of May

* says North America production forecast remains at 390,000 vehicles, down 53 percent from year ago

* says seeing “more

positive signs in housing and consumer confidence in market”

* says more clarity on “new GM” and positive economic signs providing additional consumer confidence.

www.reuters.com

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