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GM says its U.S. share may rise
GM says its U.S. share may rise for 4th straight month
Posted on Friday, November 20th, 2009 at 2:25 PM EST. (Employee News)
General Motors Co.’s U.S. market share may rise for the fourth straight month in November, the automaker’s chief sales analyst said today, the Automotive News reported.
Mike DiGiovanni, executive director of global market and industry analysis, also predicted the U.S. industry’s seasonally adjusted annual sales rate this month would approach or slightly exceed 11 million units, the news service said. That would be a boost from October demand. , the story said.
GM’s share hit 21.1 percent in October, continuing a rise from 18.9 percent in July, when it exited a U.S.-directed bankruptcy, the news service said. The automaker last month posted its first year-over-year sales gain since January 2008, the story said. (Automotive News)
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