GM's October sales expected to see an increase


Though they differ in magnitude, three auto analysts say General Motors will weigh in with an increase in car sales for October 2014 next week.

Kelley Blue Book lists the compact-car segment, which includes the Lordstown-built Chevrolet Cruze, with an increase of 3.3 percent from October 2013.

“It is still one of the biggest segments in the industry, it just seems to have hit a plateau,” said Alec Gutierrez, senior analyst for KBB. “So far this year, it is up 1.7 percent compared to last year.”

When it comes to market share, compact cars are trailing only midsize cars and the full-size pickup trucks, he said.

Overall, KBB projects GM will have an increase of 4.2 percent with 236,000 units sold compared with 226,402 in October 2013.

TrueCar projects GM will sell 230,100, a 1.6 percent increase from last October.

For the complete story, read Friday's Vindicator and Vindy.com