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$GM said it sold 209,295 vehicles to individual or retail customers in June, up more than 1% YoverY, driven by increases at Chevrolet, Buick and Cadillac of 3%, 2% and 5%, respectively. Less profitable daily rental sales were down 5,690 vehicles or 22%, as planned. The company's total sales in June were down less than 2% to 255,210 vehicles.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.