4 Consumer Stock Stories for Investor Shopping
General Motors Company (NYSE:GM): Closing price $28.58
GM said on Tuesday that it and its joint ventures in China sold 310,765 units during the month of January, which is up by 26 percent year-over-year from 2011. Its joint venture with Shanghai’s SAIC Motor Corp. sold 154,220 units, up 24.3 percent, while sales at its partnership with FAW Group rose by a whopping 84.5 percent to 4,490 units. What is more, the commercial vehicle manufacturer SAIC-GM-Wuling Automobile Co., which is a joint venture among General Motors, SAIC and Liuzhou Wuling Motors Co., sold 151,819 vehicles, a jump of 26.6 percent.
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