In move sure to disappoint industry analysts and journalists alike (us included), General Motors will no longer hold monthly calls regarding their sales in the United States.
According to GM spokesman Jim Cain, ending the monthly U.S. sales call would allow his employer to focus on "conferences and other forums that allow us to discuss our [global] strategy and our results with a long-term view and in a very holistic way," as well as how each of their individual markets fit into the strategy without getting lost in the details. This move puts them in line with their friends in Auburn Hills, who also opt out of such calls; Ford and Toyota will continue to pick up the phone.
Cain did assure analysts and journalists that GM would still issue their monthly sales notes, however; December's U.S. deliveries fell 6.3 percent from 2012, while its shares closed at $39.57, falling 3.4 percent in the largest decline since August 27 of last year. Meanwhile, 38 percent of the automaker's sales originate outside of North America, with China being their largest market by sales volume.
from The Truth About Cars http://www.thetruthaboutcars.com
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