NEW YORK (TheStreet) -- General Motors Co. (GM) shares are climbing 0.2% to $35.13 in market trading on Friday after the U.S. automaker reported a 5.9% rise in domestic sales during April before the opening bell today.
The Detroit-based company sold about 269,000 vehicles during the month, a 6% increase over the year ago period. Analysts at Kelley Blue Book were expecting the company to sell 263,000 vehicles while analysts at Edmunds were expecting sales of 265,000.
Much of the company's sales came from its mid-size SUV offerings with its Chevrolet Equinox SUV, seeing a 42% rise to 29,000 vehicles sold.
The company's best selling vehicle was the Chevy Silverado pickup truck whose sales rose 7.5% over the previous year to 45,978 vehicles. The company's Cadillac luxury brand rebounded from a 7% sales decline in March to see vehicle sales climb 13.7% in April.
The auto industry as a whole experienced a slight month to month decline in sales to 16.7 million vehicles from 16.9 million the March.
General Motors is a part of TheStreet's Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Cramer said that he will remain cautious about the company's outlook until it shows improvement in the international market.
"What matters to GM is Europe and Latin America and we have been trimming shares because there seems to be no improvement in Europe to speak of, and a worsening of Latin America since the time of the last quarter," said Cramer.