ORLANDO, Fla. (AP) -- General Motors Co.'s CEO says he expects "modest improvement" in sales of cars and light trucks nationwide next year.
Fritz Henderson expects the auto industry to sell 11.5 million to 12 million cars next year, compared with about 10 million to 10.5 million vehicles this year.
Henderson says the credit market for auto financing is improving and that there should be greater demand as the economy comes out of the recession.
Henderson spoke to reporters in Orlando on the last stop of a nine-city tour.