U.S. cars & trucks keep selling at near record levels at $23.5 B in Second quarter. GM is paying a higher tax rate but managing to increase earningsstill biggest auto maker in U.S. One particular bright spot is sales of the Chevy Silverado pick-up truck, as the housing industry recovery and demand has caused contractors and builders to buy and lease the Silverado.
Meanwhile, Dan Ammann, GM's CFO is touting a whole bunch of new products to be announced during the remainder of 2013. [Read More]The Article GM Dealers Psyched by Strong Demand for Cars & Pickups appeared first on Automotive Digest.