Today is the first day of the Democratic convention in Charlotte. Coincidentally, GM, the embattled car company that was bailed out by the federal government, has some good news to report.
"Today General Motors (GM) reported its August sales of 240,520 vehicles in the U.S., up 10 percent compared with a year ago," a press release from the VP of global public policy reports.
"All four GM brands posted higher total and retail sales. In particular, Chevrolet passenger car sales were up 25 percent, with the Spark, Sonic, Cruze and Volt all posting their best-ever monthly sales."
The Chevrolet Sonic, which has now been on sale a full 12 months, has been positive news for the company. In its first year, GM has sold exactly 72,999 Sonics, and the car has been number one in retail sales in its segment since April.
GM is in the midst of an aggressive rollout of new products in the United States. Some 70 percent of GM nameplates will be redesigned or all new over the course of 2012 and 2013, with the four-cylinder 2013 Chevrolet Malibu and the 2013 Cadillac ATS reaching the market now.
You can learn more about August sales announcement in the attached press releases. We thank you for your ongoing interest and support, and look forward to keeping you updated on our progress.