General Motors December Sales Better Than Expected (GM)

General Motors GM just reported December sales, and sales were much better than expected. The four core brands (Chevrolet, Buick, Cadillac and GMC) were up 16% from last year. 223,000 vehicles were sold in the month of December. Including discontinued brands, sales were flat. At last check, shares of GM were up 32 cents to $37.38, a gain of 0.9%.