GM Reports 154,877 Deliveries in November

General Motors dealers in the United States delivered 154,877 vehicles in November, down 41 percent compared with a year ago. GM car sales of 58,786 were off 44 percent and truck sales of 96,091 were down 39 percent. The steep decline in vehicle sales was largely due to a significant drop in the market's retail demand compared with last year, and continuing economic uncertainty that has negatively impacted consumer confidence. In November GM saw the continuation of the dramatic decline in volume for the industry. Every manufacturer is posting awful numbers and GM is no exception. GM has outstanding products in the market, so it is particularly frustrating when economic uncertainty takes their customers out of the market. There were about 34 percent, or 400,000, fewer vehicles sold this November in the industry than a year ago - this is the annual volume of two full production plants that have simply evaporated in a single month. The global economic crisis and credit freeze have had a very negative impact on the vehicle market which runs on consumer confidence and available financing.