GM says it sold almost 195,000 cars and trucks last month, led by the
Chevrolet Silverado pickup truck, with a 32 percent gain. GM sold more than
35,000 Silverados in January, a good sign for the economy as businesses
replace aging trucks.
Other automakers also reported strong sales for the month. Chrysler was up 16 percent and Ford sales rose 22 percent.
Industry analysts expect January sales to hit an annual rate of close to 15.5 million. If that trend holds through the rest of the year, sales will be 1 million more than last year.