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General Motors July U.S. sales

Aug. 01, 2014 9:36 AM ETGeneral Motors Company (GM) StockGMBy: Clark Schultz, SA News Editor7 Comments
  • General Motors (NYSE:GM) unit sales +9.4% to 256,160 to fall just short of the estimate for a 10.7% gain.
  • Retail sales increased 9% in July.
  • Fleet sales were up 21%.
  • The automaker notes transactions prices were flat compared to last month and up $2K per unit Y/Y. Despite the auto recall news, incentives were only up 20 bps to 11.2% in July - no worse than the industry average.

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