General Motors world headquarters is shown in Detroit, in this Tuesday, April 21, 2009 file photo. (AP Photo/Paul Sancya, File)
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GM seen posting sales gain
Analyst says GM should increase market share
Updated: Wednesday, 28 Oct 2009, 12:43 PM EDT
Published : Wednesday, 28 Oct 2009, 12:42 PM EDT
DETROIT, Mich. (AP) - A top General Motors Co. sales analyst says the automaker is likely to post its first year-over-year monthly sales gain in October.
Mike DiGiovanni says GM also should see its market share increase for the third straight month despite shedding the Pontiac, Saturn, Saab and Hummer brands.
Automakers release sales results on Tuesday. DiGiovanni says the U.S. auto market is not out of trouble yet but is showing signs of recovery.
The company's last year-over-year monthly increase was in January of 2008.
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