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GM’s Sales Climbed 19 percent in September


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GM’s Sales Climbed 19 percent in September

  • GM has industry’s best-selling pickups for second month in a row
  • Chevrolet Cruze up 45 percent
  • GMC sales increase 28 percent
  • Buick Encore is the industry’s best-selling small crossover
  • Cadillac Escalade sales more than double

DETROIT – General Motors Co. (NYSE: GM) dealers delivered 223,437 vehicles in the United States in September. Total deliveries were up 19 percent compared with a year ago. Retail deliveries, which are sales to individual consumers, were up 17 percent. Fleet deliveries were up 30 percent, including the 11thconsecutive monthly increase in commercial sales.

 

“GM saw strength almost across the board in September, and outpaced the industry with the newest trucks and SUVs at exactly the right time,” said Kurt McNeil, U.S. vice president of Sales Operations. “We will have improved availability of heavy-duty pickups and large SUVs in the months ahead, and the Chevrolet Colorado and GMC Canyon are arriving in showrooms as we speak. This sets us up to finish the year on a very strong note.”

 

Exceptionally strong sales of trucks and crossovers helped GM earn average transaction prices (ATPs) of about $34,600, the highest in company history, according to J.D. Power PIN estimates. ATPs were up about $1,200 per unit compared with August, and they were up about $2,500 per unit from a year ago.

 

Nearly 80 percent of retail customers who bought a large SUV during September purchased a Chevrolet or GMC product. In addition, the Chevrolet Silverado had its best retail sales month since 2008 and GM’s estimated share of the retail market for large pickups increased 5 percentage points from a year ago to close to 40 percent.

 

In the medium crossover segment, combined sales of the Chevrolet Traverse, GMC Acadia and Buick Enclave were up 31 percent. GM compact car deliveries were also up 30 percent, and year-to-date sales were the highest since 2005.

 

September Sales Highlights (vs. 2013 except as noted)

  • Chevrolet deliveries increased 20 percent, with Silverado up 54 percent, Suburban up 50 percent, Traverse up 45 percent, Cruze up 45 percent, Sonic up 14 percent and Equinox up 12 percent. Corvette deliveries nearly tripled.
  • GMC deliveries were up 28 percent, including a 25 percent increase for Sierra and a 16 percent increase for Terrain. Yukon sales nearly doubled and Yukon XL was up 64 percent.
  • Sales of the new Cadillac Escalade more than doubled, helping the brand deliver results equal to a year ago.
  • Buick deliveries increased 12 percent, with Enclave up 36 percent, Encore up 20 percent, Verano up 6 percent and Regal up 5 percent. The Encore has been the industry’s best-selling small SUV for six months in a row.
  • The first deliveries of the 2015 Chevrolet Colorado and GMC Canyon occurred in September and availability will grow throughout the fall. GM has announced plans to add a third shift at its Wentzville, Mo., assembly plant in early 2015 to meet expected demand for both mid-size pickups and full-size vans.
  • Incentive spending as a percentage of ATPs was 11.1 percent, up 0.2 percentage points from August but the lowest of all domestic automakers by a significant margin, according to PIN. GM’s calendar-year-to-date spending as a percentage of ATPs is 10.7 percent, down 0.3 points, while industry spending is 10.0 percent, up 0.4 points.

GM posted a 25 percent gain in commercial sales driven by pickups and vans, which were up 6 percent and 46 percent, respectively. Sales to rental customers were up about 35 percent due to timing. Sales to government customers were up about 17 percent. Year to date, commercial sales are up 24 percent, rental deliveries are up 3 percent and government deliveries are down 2 percent.

 

 

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Edited by Intrepidatious
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SS sold 111, wow!

 

But, according to know it alls, "every American wants a RWD V8 sedan, so if Ford brought over the Falcon, it would be #1 car!" and that "the Pontiac G8 would have been a huge hit if it was kept."

 

Where are these buyers? Reality is if someone has $ to burn, and wants 'American muscle', they will go to a collector car dealer and get a red '69 Camaro with a crate SBC motor. There are as many 69's on the road as there were in 1970. [jk] There is an industry of restoring these old F bodies, and at local crusie nights, 1/2 the cars are 69 'maros. [boring to me]

 

Or, they'll get a new Vette, Camaro, Stang, or Challenger. SS just costs too dang much for the 'shade tree' car hobbyists. It looks like a W body fleet machine. Why bother when one could get a Camaro that turns heads? G8 has cult following, but didn't bring in the bacon for GM.

Edited by 630land
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SS sold 111, wow!

 

But, according to know it alls, "every American wants a RWD V8 sedan, so if Ford brought over the Falcon, it would be #1 car!" and that "the Pontiac G8 would have been a huge hit if it was kept."

 

Where are these buyers? Reality is if someone has $ to burn, and wants 'American muscle', they will go to a collector car dealer and get a red '69 Camaro with a crate SBC motor. There are as many 69's on the road as there were in 1970. [jk] There is an industry of restoring these old F bodies, and at local crusie nights, 1/2 the cars are 69 'maros. [boring to me]

 

Or, they'll get a new Vette, Camaro, Stang, or Challenger. SS just costs too dang much for the 'shade tree' car hobbyists. It looks like a W body fleet machine. Why bother when one could get a Camaro that turns heads? G8 has cult following, but didn't bring in the bacon for GM.

With that logic the 300 and Charger should stop being made too. The SS is botched as far as large sale (I did read somewhere that the SS is still on sales target) but that don't mean no-one wants a mainstream rwd sedan.

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With that logic the 300 and Charger should stop being made too. The SS is botched as far as large sale (I did read somewhere that the SS is still on sales target) but that don't mean no-one wants a mainstream rwd sedan.

 

 

The Charger and 300 sold alot better 10 years ago or so and sales have fallen off a cliff since then. Not to mention fleet sales of those products.

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The Charger and 300 sold alot better 10 years ago or so and sales have fallen off a cliff since then. Not to mention fleet sales of those products.

This is completely false. Charger sales were their best '06-'08, then the recession hit for '09, in which everyone felt the pinch. They have bounced back quite steadily ever since then, and have absolutely thumped the 2010-Present Taurus as far as number of units sold per year. As for fleet sales? Taurus has quite a bit of those too. Unlike the yearly sales numbers, I don't have the "good fleet" vs. "bad fleet" numerical breakdown for both, but they're both prevalent police cars, etc.

Edited by OHV 16V
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This is completely false. Charger sales were their best '06-'08, then the recession hit for '09, in which everyone felt the pinch. They have bounced back quite steadily ever since then, and have absolutely thumped the 2010-Present Taurus as far as number of units sold per year. As for fleet sales? Taurus has quite a bit of those too. Unlike the yearly sales numbers, I don't have the "good fleet" vs. "bad fleet" numerical breakdown for both, but they're both prevalent police cars, etc.

 

Not quite:

 

300 Sales numbers

 

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Charger Sales

 

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Taurus sales:

 

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Hard to believe Ford sales are down in Sept - they had excellent programs up here in Canada this month with employee pricing and dealer delivery allowances.

I just bought a new F150 - likely will get delivery in November since only building them at one plant now with the changeover going on in Dearborne.

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Taurus sales prior to 07 are meaningless. Those were essentially fleet only.

 

 

And Charger and 300 sales prior to 2008 were meaningless (in comparison to today's sales). They were heavily fleeted as well. Additionally, the 300 had a much, much lower price point. All the base models were recently removed.

Edited by Intrepidatious
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