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GM Car and Truck Sales Slow in November

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General Motors

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, the world's largest automaker, said its sales of cars and trucks in November fell 8.4% from last year's levels to 320,992 vehicles amid a moderating industry sales compared to last year's record pace.

Passenger car sales fell 8.6% to 157,778 units, while light truck sales were off 7.6 % to 161,889. Heavy truck sales declined to 1,325 units from 2,473 units.

November sales of North American-built cars fell 9.2% to 153,891 units while North American-built light truck sales dropped 7.6% to 161,613 units.

Shares of General Motors were recently up 2.53%, or $1.25, to $50.75 on the

New York Stock Exchange