GM CEO Wagoner Bullish On No. 1 Automakers Sales In 2006

DETROIT – Though engaged in an ongoing employee-discount promotion to clear 2005 models and 2006 trucks from its lineup, GM should see a stronger sales year in 2006, thanks to a range of new products.

GM CEO Rick Wagoner told analysts Tuesday that he believes that while the U.S. market will continue to be a big challenge, the ?volume and [sales] mix should start to move in a positive direction.? GM?s non-North American units should meet their 2005 targets but officials have declined to give any leaning for the North American market for the rest of the year. Wagoner expects lower material costs, help on healthcare costs from the UAW, and strong sales of its upcoming full-size trucks and SUVs to help shore up the company?s financial picture.

Fuel prices and a potential bailout of Delphi Corp. could cloud that prediction, other analysts suggest.

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