Economics

GM’s U.S. Sales Top Estimates; Toyota Bounces Back

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General Motors Co.’s U.S. sales in January rose more than analysts’ estimates, aided by bigger discounts, pickups and new models, and Toyota Motor Corp. rebounded from a year ago when a recall halted deliveries.

GM sales in the month gained 22 percent to 178,896 vehicles, topping four analysts’ average estimate for a 9.2 percent increase. Toyota’s sales rose 17 percent to 115,856 vehicles, beating the average estimate for a 16 percent gain.