Auto Industry Doing Better From Car Sales Being Up

Tools

Auto Industry Doing Better From Car Sales Being Up

By Scott Sarvay

Story Published: Nov 3, 2009 at 4:09 PM EST

Story Updated: Nov 3, 2009 at 5:19 PM EST

DETROIT, Ind. (Indiana's NewsCenter) - Two of the big 3 U.S. automakers are showing signs of recovery thanks to improved sales.

Both General Motors and Ford say their sales in October were up after a dismal September that followed the end of the government’s hugely popular “Cash for Clunkers” program.

Last month, General Motors saw its first year-over- year sales increase in 21 months, accelerated by booming sales for the brands the company's held onto after bankruptcy.

Also, late Tuesday afternoon the General Motors' board approved a deal to sell OPEL to Canadian auto parts maker Magna.


RSS Stay up to date, subscribe to the Local & Regional RSS Feed. Click to find out about RSS.

What are your thoughts on this story? CLICK HERE to leave us "Your 2 Cents."


More Good Stuff

INC Weather

Icon
Current Temp 38.0 °F
Fair
Wind : Calm
Humidity : 86 %
Pressure : 1024.0 mb
More Weather

On Demand

Stock Quotes
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.