AUTOS
- Share via
GM to Discontinue 10-Day Sales Reports: The nation’s No. 1 auto maker said that starting in 1994, it will release vehicle sales figures monthly instead of every 10 days. The decision came “as a result of an ongoing process of streamlining internal business practices within our North American Operations,” a General Motors Corp. statement said. Ford Motor Co., the No. 2 auto maker, is expected to follow suit. Chrysler Corp. went from a 10-day sales reporting schedule to a monthly one two years ago. The auto industry’s practice of releasing 10-day sales figures goes back decades. The numbers--used to track the industry’s health--offer hints about the overall economy weeks before other indicators, such as government reports on consumer spending, are released.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.