While General Motors posted its best month this year, with 413,473 new cars and trucks sold in June, it reported a 26 per cent decline from the same time last year, reported The Australian Financial Review (5/7/2006, p.15).
SUV sales plummet: Sales of light trucks – or SUVs – fell 37 per cent compared with the same time last year.
GM incentives push increase in sales: The 15 per cent increase in sales from May was attributed to heavy incentives offered by the company. General Motors is holding a 72-hour sale this week, with zero per cent financing for 72 months.
The Australian Financial Review, 5/7/2006, p. 15
Source: Erisk Net