• 08-JAN-2015

  • SOURCE: General Motors - Global

2015 GM CEO Roundtable: Mary Barra On A Range of GM Related Topics

General Motors Co. CEO Mary Barra said today that the company expects light vehicle sales in the United States to reach a range of 16.5 million to 17.0 million units in 2015. The last time industry sales reached 17 million units was in 2001. The industry delivered 16.5 million light vehicles last year.

"The U.S. economy and vehicle sales have been rebounding since 2009, and we believe there is still plenty of room for the auto industry to grow," Barra said. "The strength of the labor market, better job security and the recovery in home prices have consumers feeling pretty good about the future, so we expect people will continue to replace their older cars and trucks. The recent sharp drop in fuel prices and rising incomes should only add to their confidence.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands.