As a son of retired General Motors worker, this always strikes me as very good news:
DETROIT- General Motors Co. announced today that it sold 224,314 vehicles in the United States in February, up 7 percent compared with a year ago.
Retail sales and fleet sales were both up 7 percent. The fleet mix was 25 percent of total sales, equal to a year ago, officials said.
“The housing sector has now joined auto sales in propelling the U.S. economy forward,” said Kurt McNeil, vice president of U.S. sales operations. “More importantly, the recovery in new home construction is reinforcing the underlying improvement in auto buying conditions, especially for pickups.
All four GM brands posted higher year-over-year sales: Cadillac was up 20 percent; Buick was up 15 percent; GMC was up 10 percent, and Chevrolet was up 5 percent.
This is great news. I just hope the Detroit can keep up the sales and help spur the economy back to what it was, or at least as close as we can get it.