Updated: Tuesday, 03 Nov 2009, 6:37 PM EST
Published : Tuesday, 03 Nov 2009, 6:37 PM EST
Buffalo, N.Y. (WIVB) - There are new signs of life in the auto industry as the big three announced their latest sales numbers.
Just four months after emerging from bankruptcy, General Motors' October sales jumped more than 4% from a year ago.
It was the first monthly increase in nearly two years.
Ford was the only one of the U.S. automakers to get by without government loans.
A day after announcing a billion dollar profit in the third quarter, the company is showing a 3% jump in October sales.
"I think we're enjoying the financial benefits of outstanding products and customers are coming into our showrooms and voting with their wallets."
"I for the first time ever, we have more demand than we do cars."
Chrysler still continues to lag behind.
Without new products to offer, the company's sales plummeted 30%.
General Motors says the treasury department has approved its plan to pay $2.8 billion to buy portions of auto parts supplier, Delphi.
That includes plants in Lockport and Rochester.
Delphi officially emerged from bankruptcy in October.
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