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GM eyes margins as it dials back corporate sales

Jul. 31, 2015 6:53 AM ETGeneral Motors Company (GM) StockBy: Clark Schultz, SA News Editor3 Comments
  • General Motors (NYSE:GM) is expected to show a small decline in U.S. sales in for July, according to a forecast from TrueCar.
  • The research firm expects the automaker to report 251.3M units sold to mark a 1.9% drop from a year ago. GM market share is seen falling 50 bps to 17.1%.
  • A strategic decision to sell fewer cars to car rental agencies and corporate fleets in order to boost margins is partially behind the sales deceleration.

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