Dominion Lending Centres Clearlease Reports GM (NYSE: GM ) 1.2 per cent sales drop on cut in fleet sales, decline in deals

Dominion Lending Centres Clearlease Reports GM (NYSE: GM) 1.2 per cent sales drop on cut in fleet sales, decline in deals

VANCOUVER, BC (June 1, 2011) Dominion Lending Centres Clearlease Reports General Motors’ U.S. (NYSE: GM) sales fell 1.2 per cent in May 2011 as it offered fewer deals to customers.

The largest U.S. car company says it sold just over 221,000 vehicles last month, led by smaller, more fuel-efficient models.

GM blamed the drop mainly on a decision to cut sales to rental car companies by 16 per cent compared with a year earlier.

While sales to individual buyers rose 9 per cent, the company did cut back on rebates and other incentives.

Sales were led by the new Chevrolet Cruze compact and Chevrolet Equinox crossover vehicle.

GM is the first major car company to report U.S. sales on Wednesday June 1, 2011. Industry analysts expect overall U.S. sales to fall 4 per cent from May 2010.

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About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/ is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Twitter: @clearlease


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