General Motors Shares Up On Auto Sales Surge

General Motors Company (NYSE:GM) was the biggest winner from a surge in auto sales in October, according to a Bloomberg report. The ending of the government shutdown was one of the biggest factors influencing the rise in sales of cars during the month. Other American car manufacturers like Ford Motor Company (NYSE:F) and Chrysler also did well in the period.

According to the report, General Motors Company (NYSE:GM) increased sales by 16% year on year in October. The gains beat the 7.9% that analysts were looking for from the company. Ford Motor Company (NYSE:F) recorded a...