Another debt ceiling debacle could sink the economy
Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write. This time could be worse. Read more at Counterparties
GM U.S. December vehicle sales down 5.2 percent
DETROIT |
DETROIT (Reuters) - General Motors Corp (GM.N) said on Thursday its U.S vehicle sales fell 5.2 percent in December as consumer demand softened amid a weak housing market and higher gas prices.
GM said it sold 319,837 cars and light trucks in the United States last month, down 4.4 percent from 334,501 vehicles a year earlier. Including heavier trucks, total vehicle sales were down 5.2 percent to 323,453 units in December, GM said.
(Reporting by Poornima Gupta, editing by Gerald E. McCormick)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints



Follow Reuters