GM, ORFG, PPWE – General Motors January Sales Rise 23 Percent;
Crwewallstreet Newsletter
__ a) Strong retail sales propel overall performance up 36 percent b) Car, Truck and Crossover segment retail sales each rise more than 34 percent c) GMs newest vehicles continue to gain customers retail sales up 61 percent General Motors Company (NYSE:GM) dealers in the United States reported 178,896 total sales in January, a 23-percent increase from a year ago for the companys four brands. The gain was driven by solid retail sales which were 36 percent higher than a strong January a year ago.
For the month, overall GM fleet sales were down 7 percent with sales to rental fleets declining 11 percent, while sales to commercial customers rose 7 percent.
Retail sales of GMs cars, trucks and crossovers all rose 34 percent or more during the month, up 39 percent, 34 percent and 35 percent, respectively.
January was a good month and signaled a solid start to the new year for each of our divisions, said Don Johnson, vice president, U.S. Sales Operations. Our results were driven by gains across the board in all segments, with our newest models leading the way.
Combined sales for GMs newest vehicles Chevrolet Equinox, Silverado HD, Cruze and Volt; Buick LaCrosse and Regal; GMC Sierra HD and Terrain; and Cadillac SRX, CTS Wagon and CTS Coupe increased 31 percent, while retail sales surged 61 percent for the month.
Month-end dealer inventory in the United States stood at about 510,000 units, which is about 1,000 lower compared to December and about 124,000 higher than January 2010.
About General Motors:
General Motors, one of the worlds largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 209,000 people in every major region of the world and does business in more than 120 countries. GM and its strategic partners produce cars and trucks in 31 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, FAW, GMC, Daewoo, Holden, Jiefang, Opel, Vauxhall and Wuling. GMs largest national market is China, followed by the United States, Brazil, Germany, the United Kingdom, Canada, and Italy. GMs OnStar subsidiary is the industry leader in vehicle safety, security and information services. General Motors acquired operations from General Motors Corporation on July 10, 2009, and references to prior periods in this and other press materials refer to operations of the old General Motors Corporation.
More about GM at: www.gm.com Orofino Gold Corp. (ORFG.PK) (“Orofino Gold” or the “Company”) looks for signs of a stable environment before it invests in mining opportunities! About Colombias Social and Investment environment:
* Stable democracy for over 150 years * Growing, educated work force * Good infrastructure * No history of nationalizing foreign holdings or defaulting on foreign debt * Northern extension of the mineral-rich Andes Cordillera * Current government promoting rapid growth in mining sector * Juan Manuel Santos recently elected President (former Defense Minister during Alvaro Uribe`s administration, will continue to promote foreign investment and mineral resource development).
More:
Orofino Gold has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.
The company has announced that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director.
The company and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, the company`s legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past. The new team will now aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine.
More about ORFG at:www.orofinogold.com Everyone has been touched by Americas oil and natural gas industry. Farmers use fertilizer that comes from natural gas. Truckers use diesel fuel to transport goods to the markets.
Businesses count on oil and natural gas to make and sell their products and supply their services. If you purchase a loaf of bread, buy a new electronic gadget, or drive a car, you should consider yourself a part of the oil and natural gas industry. From airline pilots to welders, and all jobs in between, weve all take part in our energy future.
The industry reinforces jobs not just in exploring, producing, refining, transporting and marketing oil and natural gas, but also through the purchases it makes of other goods and services that support the industrys operations. Equipment suppliers, construction companies, management specialists, and food service businesses are all a strong connection in the industry. These businesses turn around and purchase other goods.
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Proper Power & Energy, Inc. (OTCBB:PPWE.OB), a Tampa-based independent oil and gas exploration and production company, has announced the next stage of its Western U.S. operations. The Company met with the executives of Thrust Resources Inc. and EQ Resources Inc. in Dallas, Texas on January 20, 2011. The meeting focused on a joint venture for the Central Utah Prospect between the Companies. This was the initial meeting between Clint Brower, CEO and Chairman of EQ Resources, and Andrew Kacic, the newly named President of Proper Power & Energy Inc.
The next steps will be circulating a memorandum of understanding followed upon definitive agreements. “We look forward to expedite future discussions of both Companies working together to mutually reach our Utah objectives,” stated Andrew Kacic.
About PPWE:
Proper Power & Energy, Inc. is an independent exploration and production company. The Company`s operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which the Company controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to Proper Power, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.
More about PPWE at: www.properpower.com ************************************************************
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