GM posts drop in U.S. sales

The interior of a General Motors HUMMER HX concept vehicle is shown during the press preview at the 2008 North American International Auto Show in Detroit, January 13, 2008. General Motors on Monday posted an adjusted 16 percent drop in light vehicle sales for February.

DETROIT (Reuters) - General Motors Corp (GM.N) on Monday posted an adjusted 16 percent drop in light vehicle sales for February and said it would cut second-quarter production by 5 percent from year earlier levels.

The No. 1 U.S. automaker said it sold 268,737 cars and light trucks in February, compared with 308,411 a year earlier. Before adjusting for the number of selling days, that represented a 13 percent decline.

GM's truck sales dropped by nearly 23 percent when adjusted for an additional sales day in February compared with a year earlier.