sales report

While GM is officially staying tight lipped about its monthly sales figures, the news they aren't sharing is apparently good, according to a Bloomberg report. The report claims, citing anonymous sources, that sales rose 12% in May, beating the average analyst estimates. Big pickups are...

Citing the volatility of the automotive industry, GM has decided to stop reporting monthly sales and instead report its sales every three months. This, says the company, will give onlookers and analysts a more accurate picture of its business. The move, though, distinguishes GM among its peers...