GM Reports 296,003 Deliveries in January, Up 6 Percent
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GM Reports 296,003 Deliveries in January, Up 6 Percent
http://www.gm.com/company/investor_i...on/sales_prod/
http://media.corporate-ir.net/media_...eries_0206.xls
GM Reports 296,003 Deliveries in January, Up 6 Percent
Cadillac, HUMMER, Pontiac, Saab and Saturn Post Sales Increases
Deliveries of Chevrolet Tahoe Up 53 Percent; Large Utility Sales Rise 23 Percent
Launch Vehicle Momentum Continues, Paced by DTS, Lucerne, HHR, Impala, G6 and H3
DETROIT – General Motors dealers in the United States sold 296,003 new cars and trucks in January, up 6 percent compared to the same month a year ago. Car sales were up 15 percent and truck sales were comparable to year-ago levels (-0.5 percent).
“We had solid results in January and showed some very encouraging pockets of strength,” said Mark LaNeve, General Motors North America vice president, Vehicle Sales, Service and Marketing. “Dealers reported improving traffic in their showrooms and internet lead generation as the month progressed and consumers became aware of our aggressive reduction in sticker prices. Recent new segment entries, Chevrolet HHR, Buick Lucerne and HUMMER H3, continue to accelerate, and we had terrific sales performance for Cadillac DTS, Chevrolet Impala and Pontiac G6. We also had a very encouraging start for the new Chevy Tahoe.”
GM’s January deliveries were led by a 23 percent increase in full-size sport utility sales. Chevrolet Tahoe, which had a 53 percent sales increase, paced large utility deliveries. Sales of the all-new 2007 Tahoe are off to a strong start, and production of GM’s other all-new full-size utilities, GMC Yukon and Cadillac Escalade, is ramping up.
LaNeve went on to explain that while it was early in the launch of GM’s all-new full-size utilities, there are a number of positive signs. “Dealers, consumers and third parties have reacted very enthusiastically to these segment-leading new vehicles,” LaNeve said. “Sales, production, inventory turn rates and dealer orders are all ahead of plan. It’s January, it’s early, but we’re optimistic that these great new products will be successful.”
Small utility deliveries rose 76 percent, led by continuing strong sales of the Chevrolet HHR and Saturn VUE. HHR had its second-best monthly sales since its launch. The new VUE, which posted record January deliveries (up 39.5 percent) drove a 22.5 percent sales improvement for Saturn. This was the eighth consecutive month of year-over-year sales gains for VUE.
GM continued to experience strong sales of its luxury vehicles with Cadillac, HUMMER and Saab all posting January sales increases. Luxury utility deliveries again were driven by the HUMMER H3, which continued the strong sales pace HUMMER began in 2005. HUMMER posted a year-over-year sales record for the ninth consecutive month, and January deliveries were 180 percent greater than year-ago levels.
In addition to improved luxury utility sales, January luxury car deliveries posted a 24 percent gain. Luxury car sales were paced by Cadillac DTS, with deliveries more than double year-ago sales for DeVille, the vehicle it replaced. DTS achieved its second-best sales month since launch, and CTS set a new January sales record (up 6 percent), driving Cadillac to a 5 percent sales improvement. Saab’s 34 percent sales gain was paced by the 9-3, which achieved solid sales results, posting a 35 percent improvement over year-ago levels.
Certified Used Vehicles
January sales for all GM certified used vehicle brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned, Used Cars from Saturn, Saab Certified Pre-Owned and HUMMER Certified Pre-Owned were 39,491 units, down nearly 2 percent from last year.
GM Certified Used Vehicles, the industry’s top-selling manufacturer-certified used brand, posted sales of 34,493 units in January, up 0.5 percent from year-ago levels.
Cadillac Certified Pre-Owned Vehicles posted sales of 2,943 units in January, down 1 percent. Used Cars from Saturn sold 1,607 units, down 33 percent. Saab Certified Pre-Owned Vehicles sold 434 units, down 2.5 percent. HUMMER Certified Pre-Owned reported 14 units sold in its first month of operation.
“Coming off record certified-segment annual sales in 2005, GM Certified Used Vehicles posted solid sales results in January,” LaNeve said. “GM Certified continues to lead all manufacturers in the certified category, and we are optimistic about the prospects for continued growth in 2006.”
GM North America Reports January Production, 2006 First-Quarter Production Forecast Remains Unchanged
GM North America in January produced 386,000 vehicles (158,000 cars and 228,000 trucks). This is up 33,000 units, or 9 percent, compared to January 2005 when the region produced 353,000 vehicles (143,000 cars and 210,000 trucks). Production totals include joint venture production of 26,000 vehicles in January 2006 and 22,000 vehicles in January 2005.
The region’s 2006 first-quarter production forecast remains unchanged at 1.25 million vehicles (505,000 cars and 745,000 trucks). In the first quarter of 2005, the region produced 1.182 million vehicles (470,000 cars and 712,000 trucks).
GM also announced 2005 actual fourth-quarter production and 2006 first-quarter production forecasts for its international regions.
GM Europe – In the fourth quarter of 2005, the region built 443,000 vehicles. In the fourth quarter of 2004, GM Europe built 442,000 vehicles. GM Europe’s 2006 first-quarter production estimate remains unchanged at 497,000 vehicles. In the first quarter of 2005, the region built 502,000 vehicles.
GM Asia-Pacific – GM Asia Pacific built 482,000 vehicles in the fourth quarter of 2005. In the fourth quarter of 2004, the region built 386,000 vehicles. GM Asia Pacific’s 2006 first-quarter production estimate remains unchanged at 411,000 vehicles. In the first quarter of 2005, the region built 335,000 vehicles.
GM Latin America, Africa and the Middle East – The region built 188,000 vehicles in the fourth quarter of 2005. In the fourth quarter of 2004, the region produced 200,000 vehicles. The region’s 2006 first-quarter production estimate remains at 201,000 vehicles. In the first quarter of 2005, the region built 185,000 vehicles.
General Motors Corp. (NYSE: GM), the world’s largest automaker, has been the global industry sales leader for 75 years. Founded in 1908, GM today employs about 327,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 33 countries. In 2005, 9.17 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall. GM operates one of the world’s leading finance companies, GMAC Financial Services, which offers automotive, residential and commercial financing and insurance. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at http://www.gm.com/.
Note: GM sales and production results are available on GM Media OnLine at http://media.gm.com/by clicking on News, then Sales/Production. In this press release and related comments by General Motors management, our use of the words "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions is intended to identify forward looking statements. While these statements represent our current judgment on what the future may hold, and we believe these judgments are reasonable, actual results may differ materially due to numerous important factors that are described in GM's most recent report on SEC Form 10-K (at page II-20) which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K. Such factors include, among others, the following: changes in economic conditions, currency exchange rates or political stability; shortages of fuel, labor strikes or work stoppages; market acceptance of the corporation's new products; significant changes in the competitive environment; changes in laws, regulations and tax rates; and, the ability of the corporation to achieve reductions in cost and employment levels to realize production efficiencies and implement capital expenditures at levels and times planned by management.
Production numbers of interest:
8600 HHR's
15,000 G6's (Pontiac car sales were up 53% overall)
1990 Solstii (Solstices sounds weird)... I'd say that 20k units between the Solstice and Sky is a tad low.
Lucerne (6100) outsold LaCrosse (5300)
13,000 Tahoe's doesnt look like the market wants to give up on SUVs yet like the media wants us to believe.
Hopefully the bleeding has slowed.
http://media.corporate-ir.net/media_...eries_0206.xls
GM Reports 296,003 Deliveries in January, Up 6 Percent
Cadillac, HUMMER, Pontiac, Saab and Saturn Post Sales Increases
Deliveries of Chevrolet Tahoe Up 53 Percent; Large Utility Sales Rise 23 Percent
Launch Vehicle Momentum Continues, Paced by DTS, Lucerne, HHR, Impala, G6 and H3
DETROIT – General Motors dealers in the United States sold 296,003 new cars and trucks in January, up 6 percent compared to the same month a year ago. Car sales were up 15 percent and truck sales were comparable to year-ago levels (-0.5 percent).
“We had solid results in January and showed some very encouraging pockets of strength,” said Mark LaNeve, General Motors North America vice president, Vehicle Sales, Service and Marketing. “Dealers reported improving traffic in their showrooms and internet lead generation as the month progressed and consumers became aware of our aggressive reduction in sticker prices. Recent new segment entries, Chevrolet HHR, Buick Lucerne and HUMMER H3, continue to accelerate, and we had terrific sales performance for Cadillac DTS, Chevrolet Impala and Pontiac G6. We also had a very encouraging start for the new Chevy Tahoe.”
GM’s January deliveries were led by a 23 percent increase in full-size sport utility sales. Chevrolet Tahoe, which had a 53 percent sales increase, paced large utility deliveries. Sales of the all-new 2007 Tahoe are off to a strong start, and production of GM’s other all-new full-size utilities, GMC Yukon and Cadillac Escalade, is ramping up.
LaNeve went on to explain that while it was early in the launch of GM’s all-new full-size utilities, there are a number of positive signs. “Dealers, consumers and third parties have reacted very enthusiastically to these segment-leading new vehicles,” LaNeve said. “Sales, production, inventory turn rates and dealer orders are all ahead of plan. It’s January, it’s early, but we’re optimistic that these great new products will be successful.”
Small utility deliveries rose 76 percent, led by continuing strong sales of the Chevrolet HHR and Saturn VUE. HHR had its second-best monthly sales since its launch. The new VUE, which posted record January deliveries (up 39.5 percent) drove a 22.5 percent sales improvement for Saturn. This was the eighth consecutive month of year-over-year sales gains for VUE.
GM continued to experience strong sales of its luxury vehicles with Cadillac, HUMMER and Saab all posting January sales increases. Luxury utility deliveries again were driven by the HUMMER H3, which continued the strong sales pace HUMMER began in 2005. HUMMER posted a year-over-year sales record for the ninth consecutive month, and January deliveries were 180 percent greater than year-ago levels.
In addition to improved luxury utility sales, January luxury car deliveries posted a 24 percent gain. Luxury car sales were paced by Cadillac DTS, with deliveries more than double year-ago sales for DeVille, the vehicle it replaced. DTS achieved its second-best sales month since launch, and CTS set a new January sales record (up 6 percent), driving Cadillac to a 5 percent sales improvement. Saab’s 34 percent sales gain was paced by the 9-3, which achieved solid sales results, posting a 35 percent improvement over year-ago levels.
Certified Used Vehicles
January sales for all GM certified used vehicle brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned, Used Cars from Saturn, Saab Certified Pre-Owned and HUMMER Certified Pre-Owned were 39,491 units, down nearly 2 percent from last year.
GM Certified Used Vehicles, the industry’s top-selling manufacturer-certified used brand, posted sales of 34,493 units in January, up 0.5 percent from year-ago levels.
Cadillac Certified Pre-Owned Vehicles posted sales of 2,943 units in January, down 1 percent. Used Cars from Saturn sold 1,607 units, down 33 percent. Saab Certified Pre-Owned Vehicles sold 434 units, down 2.5 percent. HUMMER Certified Pre-Owned reported 14 units sold in its first month of operation.
“Coming off record certified-segment annual sales in 2005, GM Certified Used Vehicles posted solid sales results in January,” LaNeve said. “GM Certified continues to lead all manufacturers in the certified category, and we are optimistic about the prospects for continued growth in 2006.”
GM North America Reports January Production, 2006 First-Quarter Production Forecast Remains Unchanged
GM North America in January produced 386,000 vehicles (158,000 cars and 228,000 trucks). This is up 33,000 units, or 9 percent, compared to January 2005 when the region produced 353,000 vehicles (143,000 cars and 210,000 trucks). Production totals include joint venture production of 26,000 vehicles in January 2006 and 22,000 vehicles in January 2005.
The region’s 2006 first-quarter production forecast remains unchanged at 1.25 million vehicles (505,000 cars and 745,000 trucks). In the first quarter of 2005, the region produced 1.182 million vehicles (470,000 cars and 712,000 trucks).
GM also announced 2005 actual fourth-quarter production and 2006 first-quarter production forecasts for its international regions.
GM Europe – In the fourth quarter of 2005, the region built 443,000 vehicles. In the fourth quarter of 2004, GM Europe built 442,000 vehicles. GM Europe’s 2006 first-quarter production estimate remains unchanged at 497,000 vehicles. In the first quarter of 2005, the region built 502,000 vehicles.
GM Asia-Pacific – GM Asia Pacific built 482,000 vehicles in the fourth quarter of 2005. In the fourth quarter of 2004, the region built 386,000 vehicles. GM Asia Pacific’s 2006 first-quarter production estimate remains unchanged at 411,000 vehicles. In the first quarter of 2005, the region built 335,000 vehicles.
GM Latin America, Africa and the Middle East – The region built 188,000 vehicles in the fourth quarter of 2005. In the fourth quarter of 2004, the region produced 200,000 vehicles. The region’s 2006 first-quarter production estimate remains at 201,000 vehicles. In the first quarter of 2005, the region built 185,000 vehicles.
General Motors Corp. (NYSE: GM), the world’s largest automaker, has been the global industry sales leader for 75 years. Founded in 1908, GM today employs about 327,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 33 countries. In 2005, 9.17 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall. GM operates one of the world’s leading finance companies, GMAC Financial Services, which offers automotive, residential and commercial financing and insurance. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at http://www.gm.com/.
Note: GM sales and production results are available on GM Media OnLine at http://media.gm.com/by clicking on News, then Sales/Production. In this press release and related comments by General Motors management, our use of the words "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions is intended to identify forward looking statements. While these statements represent our current judgment on what the future may hold, and we believe these judgments are reasonable, actual results may differ materially due to numerous important factors that are described in GM's most recent report on SEC Form 10-K (at page II-20) which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K. Such factors include, among others, the following: changes in economic conditions, currency exchange rates or political stability; shortages of fuel, labor strikes or work stoppages; market acceptance of the corporation's new products; significant changes in the competitive environment; changes in laws, regulations and tax rates; and, the ability of the corporation to achieve reductions in cost and employment levels to realize production efficiencies and implement capital expenditures at levels and times planned by management.
Production numbers of interest:
8600 HHR's
15,000 G6's (Pontiac car sales were up 53% overall)
1990 Solstii (Solstices sounds weird)... I'd say that 20k units between the Solstice and Sky is a tad low.
Lucerne (6100) outsold LaCrosse (5300)
13,000 Tahoe's doesnt look like the market wants to give up on SUVs yet like the media wants us to believe.
Hopefully the bleeding has slowed.
Registered User
Joined: Jun 2000
Posts: 2,801
From: South Bend , IN
Re: GM Reports 296,003 Deliveries in January, Up 6 Percent
Kind of a good sign . January wasnt flooded with employee prices , massive rebates ect . The the permenent price lowering . Musta made some people take notice . Did me , to find the Cobalt SS's base price is $2000 cheaper now than when I bought mine .
Registered User
Joined: Mar 2001
Posts: 13,713
From: The Golden State
Re: GM Reports 296,003 Deliveries in January, Up 6 Percent
Originally Posted by mastrdrver
Anyone have the entire breakdown of vehical sales for January?
2. On the to tab, look where it says "Company". Right below it is "Sales/production" . Click on that.
3. Click on where it says the same thing as the name of this thread. A separate window will pop up.
4. Scroll about 1/3 the way down. Then scroll down to whatever model you want to see.
5. Enjoy.
Registered User
Joined: Jun 2002
Posts: 1,817
From: O-Town
Re: GM Reports 296,003 Deliveries in January, Up 6 Percent
Thats Guy, looks like I was right about my assumptions on sales of Impala, Malibu and Cobalt. I have seen those three cars all over the place out here in KC. G6 sales look good too. Good to see some positive sales coming out of the recently redesigned and new cars.
Registered User
Joined: Nov 2000
Posts: 1,440
From: five-one-oh/nine-oh-nine
Re: GM Reports 296,003 Deliveries in January, Up 6 Percent
I wonder if this isn't just expansion of the market in general. Either way its good that the general is capturing some market growth (it would be sad if it didn't), but in the end, if they're growing slower than the competition *cough*Toyota*cough* then they will get overtaken... sooner or later it will happen.
So anyone have or know how to get the numbers for Toyota?
So anyone have or know how to get the numbers for Toyota?
Registered User
Joined: Nov 2000
Posts: 2,712
From: Ontario
Re: GM Reports 296,003 Deliveries in January, Up 6 Percent
Originally Posted by morb|d
I wonder if this isn't just expansion of the market in general. Either way its good that the general is capturing some market growth (it would be sad if it didn't), but in the end, if they're growing slower than the competition *cough*Toyota*cough* then they will get overtaken... sooner or later it will happen.
So anyone have or know how to get the numbers for Toyota?
So anyone have or know how to get the numbers for Toyota?
- GM's market share dropped half a point to 25.4%
- Toyota's increased .7 to 14%
- DCX lost .3 to 13.6, which means Toyota overtook it
- Ford lost .9 to 16.6
Registered User
Joined: Mar 2005
Posts: 3,123
From: Melbourne, Australia
Re: GM Reports 296,003 Deliveries in January, Up 6 Percent
Originally Posted by R377
- GM's market share dropped half a point to 25.4%
- Toyota's increased .7 to 14%
- DCX lost .3 to 13.6, which means Toyota overtook it
- Ford lost .9 to 16.6
- Toyota's increased .7 to 14%
- DCX lost .3 to 13.6, which means Toyota overtook it
- Ford lost .9 to 16.6
Toyota usually don't set aggressive sales targets, more progressive sales growth. They are successful by all measures but... personally I find it sad that the market is embracing Toyota products so openly. Toyotas are nothing more than refrigerators on wheels... nothing exciting but absolutely profitable.
It kind of makes me get philosophical when I analyse Toyota's sales growth... it's a bit like marrying the dependable gal over the sexy one because you think the dependable one will be with you longer...
Registered User
Joined: Dec 2005
Posts: 238
From: The desert(for now)
Re: GM Reports 296,003 Deliveries in January, Up 6 Percent
You ought to check out some of the Toyota forums. People that drive ancient Toyotas like the Cressida and other fossilized riceburners spend their time absolutely trashing anything domestic, and hoping that GM dies in a spectacular crash.
Seriously, its like being a Jew in WW2 Germany on those forums..
Seriously, its like being a Jew in WW2 Germany on those forums..
Registered User
Joined: Nov 2000
Posts: 7
From: Plymouth, MN
Re: GM Reports 296,003 Deliveries in January, Up 6 Percent
It's unbelievable the nit picking that goes on about GM's quality.
People have problems every day with Toyotas & Hondas and I don't hear their owners publicly complain. I firmly believe that it is "tolerated" much more than if it were a GM or Ford. The perception is that they're trouble-free. If that's the case, then why are their service departments just as busy as GM or Ford? Let a problem happen with a GM and you hear it in the media, on internet boards, Good Morning America, etc.
Toyota owners can have driveability/reliabilty problems with the Sequoia but does the media comment? Nope, it's a Toyota. People have stalling at random issues with the almighty Prius, and mileage not even close to what Toyota advertises and do we hear about it in the media? Nope. It's a Toyota. In fact, the pro-import media has just given the Ridgeline (haha) "Truck of The Year Award"...oh that's right it has a foreign nameplate.
Take Consumer Reports for example. Why should anyone make their purchase decision based on what this biased magazine recommends? Why can't people test comparable models for themselves and make their own decisions?
Recently, a neighbor really wanted to buy a Trailblazer, but she looked at the Consumer Reports rating system and told me she was "leaning towards" the Toyota Highlander. Why? Because the mag said the Trailblazer had clumsy handling. I told her to do herself a favor and go DRIVE the Highlander first. She called me from her cell phone and said in a pissed off tone "this is NOTHING like Consumer Reports said it would be. She then went and test drove a Trailblazer and bought it. My point? Just think of the people who don't even CONSIDER a GM because of what Consumer Reports or some of the other biased magazines print.
People have problems every day with Toyotas & Hondas and I don't hear their owners publicly complain. I firmly believe that it is "tolerated" much more than if it were a GM or Ford. The perception is that they're trouble-free. If that's the case, then why are their service departments just as busy as GM or Ford? Let a problem happen with a GM and you hear it in the media, on internet boards, Good Morning America, etc.
Toyota owners can have driveability/reliabilty problems with the Sequoia but does the media comment? Nope, it's a Toyota. People have stalling at random issues with the almighty Prius, and mileage not even close to what Toyota advertises and do we hear about it in the media? Nope. It's a Toyota. In fact, the pro-import media has just given the Ridgeline (haha) "Truck of The Year Award"...oh that's right it has a foreign nameplate.
Take Consumer Reports for example. Why should anyone make their purchase decision based on what this biased magazine recommends? Why can't people test comparable models for themselves and make their own decisions?
Recently, a neighbor really wanted to buy a Trailblazer, but she looked at the Consumer Reports rating system and told me she was "leaning towards" the Toyota Highlander. Why? Because the mag said the Trailblazer had clumsy handling. I told her to do herself a favor and go DRIVE the Highlander first. She called me from her cell phone and said in a pissed off tone "this is NOTHING like Consumer Reports said it would be. She then went and test drove a Trailblazer and bought it. My point? Just think of the people who don't even CONSIDER a GM because of what Consumer Reports or some of the other biased magazines print.
Registered User
Joined: Nov 2000
Posts: 1,440
From: five-one-oh/nine-oh-nine
Re: GM Reports 296,003 Deliveries in January, Up 6 Percent
Originally Posted by theroad64
You ought to check out some of the Toyota forums. People that drive ancient Toyotas like the Cressida and other fossilized riceburners spend their time absolutely trashing anything domestic, and hoping that GM dies in a spectacular crash.
Seriously, its like being a Jew in WW2 Germany on those forums..
Seriously, its like being a Jew in WW2 Germany on those forums..
Registered User
Joined: Jun 2002
Posts: 1,817
From: O-Town
Re: GM Reports 296,003 Deliveries in January, Up 6 Percent
I find it amazing how the 2 top vehicals sells is the Camary and the Corolla. Outside of that, there is nothing really suprising. It would assume to think that if you could take out those 2 cars from Toyota, they they would pretty much go away.