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GM sales report delayed
No. 1 automaker delays report on April sales until Tuesday due to 'major systems failure.'
May 3, 2004: 9:41 AM EDT

NEW YORK (CNN/Money) - General Motors Corp. reported it would not be able to report April sales as scheduled Monday due to a "major systems failure" with the computer system that its dealers use to report sales.

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The world's largest automaker did not give details of the system failure, other than to say it occurred Friday. It said because of the failure, GM gave dealers until 2:00 p.m. ET Monday to submit April deliveries. Spokeswoman Elaine Redd said that no other computer systems at GM were affected by the problem.

"No plants or production are halted," she said. A majority of GM dealers are not open Saturday, she said, so the sales information could not be collected until Monday.

The monthly sales report had been due out about 12:45 p.m. Monday, the same day that other automakers are set to report April sales.

Shares of GM (GM: Research, Estimates), a component of the Dow Jones industrial average, closed off 20 cents to $47.42 in Friday trading.  Top of page




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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.