General Motors new vehicle sales drop 2.7% in the fourth quarter

General Motors on Thursday reported that its U.S. new vehicle sales fell 2.7 percent in the fourth quarter, with declines across most of its brands.

The No. 1 U.S. automaker saw significant declines for its passenger car models as American consumers continue to abandon those models in favor of larger, more comfortable vehicles, but also drops for some of those more popular larger vehicles.

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