Business

GM sales, used-car values hold up through recalls

By Tom Krisher
Published June 17, 2014 6:10pm ET
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GM sales, used-car values hold up through recalls
FILE - In this Jan. 20, 2013 photo, 2013 Chevrolet Mailbus sit at a Chevrolet dealership in Englewood, Colo. General Motors reports monthly sales on Tuesday, June 17, 2014. Cars such as the Malibu have retained or increased their value, sometimes more than rival vehicles in the same market segment. (AP Photo/David Zalubowski, File) | David Zalubowski

DETROIT (AP) — Consumers looking for a used vehicle aren’t shying away from GM models — even though more than 20 million GM cars and trucks have been recalled this year.

General Motors cars such as the Chevrolet Malibu have retained or increased in value, sometimes more than rival vehicles. And sales of new cars aren’t slowing either, up 13 percent in May.

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