General Motors car sales soar 21 percent last month

02 Dec, 2010

General Motors on Wednesday reported car sales for November jumped 21 percent from a year ago in a month marked by GM's historic return to Wall Street as it sheds government ownership. The largest US automaker said sales of its four brands - Chevrolet, Buick, GMC and Cadillac - totalled 168,704 vehicles in November, up 21 percent from the previous month.
"Each brand came to the party in November," said Don Johnson, US sales operations vice president. GM returned to public trading on November 18, marking a dramatic turnaround for the embattled company. The Detroit, Michingan-based automaker was forced into bankruptcy protection in June 2009 amid massive debts, only to be rescued by a 50-billion-dollar government bailout.

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