May Auto Sales: General Motors

DETROIT — General Motors Corp. said Tuesday that its May U.S. vehicle sales dropped 29 percent, but showed significant improvement from their April levels.

GM sold a total of 190,881 light vehicles, down from 268,892 in May 2008.

Light truck sales dropped 20.8 percent to 109,873 from 138,777, as demand for the HHR fell 11.3 percent to 9,671 and Tahoe sales dropped 20.4 percent to 6,306.

Car sales tumbled 37.7 percent to 81,009 from 130,115, as sales of the Cobalt dropped 52.2 percent to 12,764 and Impala sales fell 21.4 percent to 18,709. The company sold 5,463 units of its new Camaro.

The news came a day after the Detroit-based automaker filed for Chapter 11 bankruptcy protection in New York. The company hopes to restructure and exit court oversight in 90 days.

Compared with April, GM said its May volumes rose 11 percent, or by about 19,000 vehicles and represented the company’s best results to date for 2009.

For the first five months of this year, GM light vehicle sales fell 41.8 percent to 772,733. Light truck sales dropped 39.3 percent to 453,316, while car sales fell 45 percent to 319,417.

GM said it produced a total of 134,000 vehicles in May, representing a 46 percent drop from the same month last year. The company backed its second-quarter production forecast of 390,000 vehicles, which would amount to a 53 percent drop from the same period a year ago.