GM January US auto sales +0.5% vs -0.9% est

Solid beat for GM:

  • Ford US light vehicle sales -2.8% vs -3.2% estimated
  • Nissan Jan US auto sales +1.6% vs -1.7% exp
  • Fiat Chrysler sales up 6.9% compared to -0.1% expected

Overall, sales were upbeat in the month. The Chrysler numbers first looked like it would be a blockbuster month but it the others lowered it to 'solid'.

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