DETROIT (AP) — General Motors Co. says its October sales rose 4.7 percent over the same month last year, a sign that the U.S. auto market was starting a slow recovery from its yearlong slump.
The nation's largest automaker said it sold 176,632 light vehicles last month, up about 13 percent from September sales. That's when nearly all automakers reported dismal numbers because the government's Cash for Clunkers rebates pulled September buyers into July and August.
GM's news comes after Ford Motor Co. reported a 3 percent increase over October of last year, while Chrysler said its sales dropped 30 percent from October 2008.
Automakers are hoping that October sales are a sign that the U.S. economy is starting to improve from the worst market in more than a quarter century.
Story Copyright 2009, Reuters
Photo Copyright 2009, Getty Images
The U.S. Justice Department on Thursday sued an Arizona sheriff for refusing to cooperate with its investigation into allegations the sheriff discriminates against Hispanics.
New York City Muslims declared themselves just as American as opponents of an Islamic cultural center and mosque near the World Trade Center on Wednesday.
Visitors and some residents evacuated from low-lying vacation islands off the North Carolina coast on Wednesday as Hurricane Earl bore down on the U.S. eastern seaboard.
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Apple unveiled a snazzier line of its iPod on Wednesday, with new designs for every model of the popular media device in hopes of kick-starting holiday sales.
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The White House said on Tuesday there was a worry that an extension of lower tax rates for the wealthy would be a "foot in the door" to permanent extension.
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