Show FINISHED GARS CARS i INVENTORY LOW NEW YORK Dec 8 P IP Inventories tories of finished cars in the hands of General Motors corporation dealers deal ers are arc at the tho low lowest t level since the corporation began preparing statistics on unsold cars in 1922 Alfred P. P Sloan Jr president of the thc corporation announced announced announced an an- today In the past 12 months stocks of cars carsin carsin carsin in the field decreased units In addition to this reduction unsold stocks of used cars were lowered approximately approximately approximately ap ap- ap- ap proximately 41 per cent during the 12 I months to a new low record since comparable records were first com compiled corn com piled in 1926 Stocks of new and used cars in iii foreign countries were reduced similarly Sales to consumers in the United States in November totaled units compared with in October October October Octo Octo- ber and in November 1931 November No No- vember sales to dealers in the United Slates States totaled 2405 against in October and a n year ago ngo November No No- vember sales to dealers denIers in the United States and Canada together with shipments shipments ship ship- ments meats overseas totaled against in October and in November November November No No- vember last year Concerning the thc reduced Inventories inventories tories Sloan said Assuming a consumer demand no greater next year than in the past year General Motors sales to dealers would have havo to be at nt least units more than in the past 12 months simply to maintain the dealers' dealers present present present pres pres- ent low level evel of inventories |