GM posts 45 percent drop in October sales
2:15 PM Mon, Nov 03, 2008 | Permalink
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DETROIT -- General Motors says its October U.S. sales plummeted 45 percent because of weak consumer confidence and tight credit markets, according to The Associated Press. The Detroit-based automaker said Monday that it sold nearly 169,000 light vehicles, down from about 307,000 in the same month last year. Car sales fell 34 percent, while light truck sales dropped 51 percent. Despite the drop, GM's total still beat 
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