GM June sales
#1
GM May sales
May results clearly reflect consumer confidence in GM's long-term viability
May was the third consecutive month of monthly sales increases led by core brands: Chevrolet, GMC, Buick and Cadillac which were up 18 percent collectively compared with April
5,500 total Camaro sales smashes sales forecast as dealers sell cars as soon as they arrive
Award-winning crossovers Buick Enclave, GMC Acadia, Saturn Outlook and Chevrolet Traverse sales push mid-utility crossover retail sales up 15 percent compared with April
DETROIT - General Motors dealers in the United States delivered 191,875 vehicles in May, down 29.6 percent compared with a year ago. However, when comparing GM's May sales with April, total volume was up 11 percent, or about 19,000 cars, crossovers and trucks resulting in the best monthly sales performance so far in 2009.
"We were able to record our best monthly sales result of the year in May as we are seeing more positive signs in housing and consumer confidence in the market," said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing. "Those signs, along with more clarity on the New GM, are providing some additional consumer confidence. With GM's reinvention, the company has cleared a path for future success supported by world-class products such as the new Chevy Camaro, Equinox, Traverse and Malibu. We have compelling new offers in the marketplace, including reduced-rate financing available through GMAC, that encourage our customers to visit a showroom and buy today."
GM total truck sales (including crossovers) of 110,866 were down 22 percent, and car sales of 81,009 were off 38 percent compared with a year ago.
When compared with April's performance, there were several product highlights in GM's core brands to note:
Chevrolet car retail sales were up 28 percent driven by Camaro, Malibu, Cobalt, Corvette and Aveo. Silverado, Colorado, HHR, Equinox, Tahoe and Traverse also saw retail sales increases with Chevrolet retail truck sales up 30 percent. Total Chevrolet vehicle retail sales increased 22 percent
Buick Enclave retail sales increased 17 percent. LaCrosse retail sales climbed 24 percent as Buick retail sales increased 4 percent
Cadillac Escalade retail sales increased nearly 14 percent, and DTS sales climbed 3 percent
GMC retail sales were up 17 percent. Retail sales increases of 30 percent for Sierra, 17 percent for Canyon, 13 percent for Yukon and 8 percent for Acadia were reported
"What was lost in all the financial turmoil is that our outstanding products continue to compete strongly in the market and Camaro is a red-hot example," LaNeve said. "We sold 5,500 Camaros in May without any incentives, and are continuing to deliver them to customers as fast as we possibly can. We are dominating the full-size pickup segment with Silverado and Sierra, as well as offering the best selection of crossovers with Traverse, Acadia, Outlook and Enclave. Importantly, Traverse was just recognized by a leading consumer publication as getting a "Very Good" rating in its most recent ranking of crossovers with third-row seating. Less than a year after initial launch, Traverse is now neck-and-neck in sales with our foreign competition.
"The President's comments yesterday were very positive and we are deeply appreciative of the support of our company," LaNeve added. "The President again restated our shared belief that GM will be a part of a strong and viable auto industry for many years to come, and customers should feel very comfortable buying our outstanding cars, crossovers and trucks."
A total of 1,739 GM hybrid vehicles were delivered in the month, illustrating the wide range of hybrid product offerings available. GM offers the Chevrolet Malibu, Tahoe and Silverado, GMC Yukon and Sierra, Cadillac Escalade, Saturn Aura and Vue hybrids. So far, in 2009, GM has delivered 6,895 hybrid vehicles.
GM inventories dropped compared with a year ago, and were at their second-lowest monthly level on record. At the end of May, about 674,000 vehicles were in stock, down about 98,000 vehicles (or 13 percent) compared with last year. There were about 284,000 cars and 390,000 trucks (including crossovers) in inventory at the end of May. Inventories were reduced about 67,000 vehicles compared with April and are down approximately 16 percent compared with January.
May was the third consecutive month of monthly sales increases led by core brands: Chevrolet, GMC, Buick and Cadillac which were up 18 percent collectively compared with April
5,500 total Camaro sales smashes sales forecast as dealers sell cars as soon as they arrive
Award-winning crossovers Buick Enclave, GMC Acadia, Saturn Outlook and Chevrolet Traverse sales push mid-utility crossover retail sales up 15 percent compared with April
DETROIT - General Motors dealers in the United States delivered 191,875 vehicles in May, down 29.6 percent compared with a year ago. However, when comparing GM's May sales with April, total volume was up 11 percent, or about 19,000 cars, crossovers and trucks resulting in the best monthly sales performance so far in 2009.
"We were able to record our best monthly sales result of the year in May as we are seeing more positive signs in housing and consumer confidence in the market," said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing. "Those signs, along with more clarity on the New GM, are providing some additional consumer confidence. With GM's reinvention, the company has cleared a path for future success supported by world-class products such as the new Chevy Camaro, Equinox, Traverse and Malibu. We have compelling new offers in the marketplace, including reduced-rate financing available through GMAC, that encourage our customers to visit a showroom and buy today."
GM total truck sales (including crossovers) of 110,866 were down 22 percent, and car sales of 81,009 were off 38 percent compared with a year ago.
When compared with April's performance, there were several product highlights in GM's core brands to note:
Chevrolet car retail sales were up 28 percent driven by Camaro, Malibu, Cobalt, Corvette and Aveo. Silverado, Colorado, HHR, Equinox, Tahoe and Traverse also saw retail sales increases with Chevrolet retail truck sales up 30 percent. Total Chevrolet vehicle retail sales increased 22 percent
Buick Enclave retail sales increased 17 percent. LaCrosse retail sales climbed 24 percent as Buick retail sales increased 4 percent
Cadillac Escalade retail sales increased nearly 14 percent, and DTS sales climbed 3 percent
GMC retail sales were up 17 percent. Retail sales increases of 30 percent for Sierra, 17 percent for Canyon, 13 percent for Yukon and 8 percent for Acadia were reported
"What was lost in all the financial turmoil is that our outstanding products continue to compete strongly in the market and Camaro is a red-hot example," LaNeve said. "We sold 5,500 Camaros in May without any incentives, and are continuing to deliver them to customers as fast as we possibly can. We are dominating the full-size pickup segment with Silverado and Sierra, as well as offering the best selection of crossovers with Traverse, Acadia, Outlook and Enclave. Importantly, Traverse was just recognized by a leading consumer publication as getting a "Very Good" rating in its most recent ranking of crossovers with third-row seating. Less than a year after initial launch, Traverse is now neck-and-neck in sales with our foreign competition.
"The President's comments yesterday were very positive and we are deeply appreciative of the support of our company," LaNeve added. "The President again restated our shared belief that GM will be a part of a strong and viable auto industry for many years to come, and customers should feel very comfortable buying our outstanding cars, crossovers and trucks."
A total of 1,739 GM hybrid vehicles were delivered in the month, illustrating the wide range of hybrid product offerings available. GM offers the Chevrolet Malibu, Tahoe and Silverado, GMC Yukon and Sierra, Cadillac Escalade, Saturn Aura and Vue hybrids. So far, in 2009, GM has delivered 6,895 hybrid vehicles.
GM inventories dropped compared with a year ago, and were at their second-lowest monthly level on record. At the end of May, about 674,000 vehicles were in stock, down about 98,000 vehicles (or 13 percent) compared with last year. There were about 284,000 cars and 390,000 trucks (including crossovers) in inventory at the end of May. Inventories were reduced about 67,000 vehicles compared with April and are down approximately 16 percent compared with January.
Last edited by 95redLT1; 06-02-2009 at 03:20 PM.
#4
Seems everyone had their best month of 2009 despite 26 selling days compared to 27 last year
Chrysler down 30%http://www.media.chrysler.com/newsre...id=8764&mid=23
Toyota down 39% and Lexus 33.9%
http://pressroom.toyota.com/pr/tms/t...les-93505.aspx
Ford down 24% to last year, up 20% to April
http://media.ford.com/article_displa...ticle_id=30420
Nissan down 32.5% Infinity down 38.1
http://nissannews.com/newsrelease.do...4?id=752&mid=1
Honda down 39.2%
http://www.hondanews.com/categories/1097/releases/5026
Chrysler down 30%http://www.media.chrysler.com/newsre...id=8764&mid=23
Toyota down 39% and Lexus 33.9%
http://pressroom.toyota.com/pr/tms/t...les-93505.aspx
Ford down 24% to last year, up 20% to April
http://media.ford.com/article_displa...ticle_id=30420
Nissan down 32.5% Infinity down 38.1
http://nissannews.com/newsrelease.do...4?id=752&mid=1
Honda down 39.2%
http://www.hondanews.com/categories/1097/releases/5026
Last edited by 95redLT1; 06-02-2009 at 03:32 PM.
#8
You sure don't hear any of this on the TV news. It looks like when the chips are down, America shows it's faith in the hometown brands. I sure hope This keeps going. So glad to see GM is selling every Camaro that comes off the line too. can't wait for the day that I can justify a purchase of my own.
Last edited by 25thTA; 06-03-2009 at 08:08 PM.
Thread
Thread Starter
Forum
Replies
Last Post