GM sales show no signs of recovering this month
General Motors Corp. CEO Fritz Henderson said Tuesday that July sales for the automaker appear to be weaker than the same month last year.
U.S. sales for the industry this year have been running below a 10 million annual rate each month. Halfway through this month, July looks like it’s below a 10 million annual selling rate, Henderson said, addressing reporters at an event to show off the redesigned new Buick LaCrosse sedan.
GM is counting on the LaCrosse to help bring younger buyers back to the Buick brand. The average age of the current LaCrosse buyer is around 70, and GM is hoping to lower that into the 50s.
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