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GM U.S. August Sales Jump on SUVs, Trucks

Reuters
Tuesday, 4 Sep 2007 | 2:29 PM ET
GM U.S. Sales Up 5.3%
GM's U.S. sales were up a surprising 5.3% in August, and CNBC's Phil LeBeau has the details.

General Motors on Tuesday said U.S. sales rose more than 5 percent in August, boosted by strong demand for its pickup trucks and sport utility vehicles.

GM said it sold 388,168 vehicles in the United States last month, up from 368,776 vehicles a year earlier.

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But the automaker cut its third-quarter North American production forecast by 2 percent from last month's outlook to 1.050 million vehicles and set its fourth-quarter production target at 1 million vehicles, down 10 percent from a year before.

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