Sales rose 12.8% from a year earlier to 183,392 vehicles

sales rose 12.8% from a year earlier to 183,392 vehicles "We are extremely pleased with the level of progress the company is making," said Chris Liddell, GM's chief financial officer. "We will deliver a solid and profitable first year, post-bankruptcy, and we are continuing to improve our balance sheet."

In October, GM said sales rose 12.8% from a year earlier to 183,392 vehicles after factoring out the Pontiac, Hummer, Saturn and Saab brands it closed or sold as part of its bankruptcy reorganization last year.

"The story we see is a little brighter this month, tempered by slow employment growth, but the signs are there that the recovery continues and that it will be sustained," said Don Johnson, GM's vice president for U.S. sales. "Consumers believe that we have already weathered the worst."