Published: August 02, 2011
GM U.S. Sales Increase 8 Percent in July on Cruze, Crossover Demand
DETROIT, Aug. 2, 2011 /PRNewswire/ --
-- July retail sales rise 6 percent year over year, and up 1 percent versus
June
-- Chevrolet Cruze records fourth-straight month of sales over 20,000
-- Crossover retail sales rise 17 percent led by Chevrolet Equinox and GMC
Terrain
-- Large pickups: total sales up 2 percent and retail sales rise 5 percent
versus June
Driven by continued strong demand for the company's lineup of fuel-efficient cars and crossovers, and by improving full-size pickup truck sales, General Motors dealers in the United States reported 214,915 total sales in July, an 8-percent gain compared to July 2010.
Retail sales for GM's brands rose 6 percent for the month compared to a year ago, and were 1 percent higher than June.
In July, total sales of the Chevrolet Cruze were above 20,000 for the fourth-straight month, delivering 24,648 units. The 32 miles-per-gallon highway-rated GMC Terrain and Chevrolet Equinox compact crossovers saw a combined retail sales increase of 73 percent during the month.
Total sales for GM's full-size pickups - Chevrolet Silverado and Avalanche, and GMC Sierra, increased 2 percent from June, while retail sales - those to individuals - rose 5 percent compared to last month.
"Sales of our fuel-efficient cars like the Chevrolet Cruze and our crossovers remain strong, and we're now also seeing the seasonal lift in full-size pickups that we expected," said Don Johnson, vice president, U.S. Sales Operations.
The U.S. auto sector has faced several significant headwinds in the past several months. Nonetheless, the industry is poised to regain some of its lost momentum in the second half of the year, aided by higher supply and pent-up demand.
"There are people who put off vehicle purchases because of uncertainty about fuel prices, vehicle availability and the economy," Johnson said. "As these conditions improve in the latter half of this year, many of these buyers will return to the market."
GM's 2011 U.S. industry forecast, originally announced in January, remains unchanged at 13 million to 13.5 million units, but the company expects total industry sales to end the year in the low end of this range, Johnson said.
Passenger Cars
Total sales of GM passenger cars increased 8 percent during July, compared to a year ago. Retail sales for cars rose 9 percent for the month on the continuing strength of the Cruze. The Cruze Eco, which delivers an estimated 42 miles-per-gallon highway, accounted for 19 percent of the model's retail sales during the month.
The all-new Buick Regal continued to appeal to new consumers, more than doubling retail sales from a year ago. For the month, approximately 33 percent of Regal sales were turbo models. Chevrolet Camaro retail sales rose 7 percent, as demand for the all-new convertible model continued to rise.
Year to date through July, retail sales for GM's passenger cars are up 37 percent.
Crossovers
Total crossover sales increased 20 percent compared to last July, while retail sales climbed 17 percent. Retail sales of Equinox and Terrain were up 75 percent and 67 percent respectively, while retail sales for the GMC Acadia improved 33 percent.
Year to date through July, retail sales of GM's crossovers increased 25 percent.
Full-Size Pickups
Compared to June, combined sales of Silverado, Avalanche and Sierra sales increased 2 percent, and retail sales rose 5 percent. Silverado retail sales increased 7 percent, compared to June, while Sierra retail sales rose 2 percent compared to last month - the best month of the year for GMC's full-size pickup.
Total sales of GM's full-size pickups declined 3 percent versus a year ago.
"The increase in industry sales of full-size pickups is consistent with our forecast, as more truck buyers come back into the market," Johnson said. "We expect continued modest growth in the segment for the remainder of the year, and are positioned to meet the increase in demand."
For the year to date through July, total pickup sales of 306,439 units represent a 9-percent increase compared to the same period in 2010. For the year, retail sales for GM's full-size pickups are up 9 percent. Through July, estimated retail market share for the Silverado, Avalanche and Sierra has grown more than 2.5 percentage points.
Fleet and Commercial
Compared to last year, July fleet sales increased 13 percent, as the company posted its 16th consecutive month of commercial sales gains.
Fleet deliveries accounted for 26 percent of GM's total sales for the month.
Month-end dealer inventory in the United States stood at about 538,000 units, down about 67,000 units compared to June and about 115,000 units higher than July 2010.
Brand Key Facts:
-- Chevrolet: Chevrolet dealers delivered 149,005 total vehicles in July, a
6-percent increase over July 2010. Retail sales for Chevrolet were up 9
percent, for the eleventh straight month of retail sales increases for
the brand. For Cruze, total sales surpassed 20,000 for the fourth month
in a row at 24,648. Equinox retail sales rose 75 percent. Year-to-date,
Chevrolet total sales are up 14 percent and retail sales are 23 percent
higher than in 2010 (read more).
-- Buick: Buick reported 16,873 total sales, a four-tenths percent increase
compared to last year. This includes a 1-percent increase in
year-over-year retail sales, led by demand for the all-new Regal and
Regal Turbo. July was the 22nd consecutive month of year-over-year total
and retail sales gains for the brand. Year-to-date Buick total sales are
27 percent higher than the first seven months of 2010, while retail
sales have risen 28 percent for the year (read more).
-- GMC: GMC reported its best month of 2011 with total sales of 37,918, a
36-percent increase compared to the same month last year. Retail sales
were up 17 percent for the brand on strong demand for the Terrain (up 67
percent) and the Acadia (up 33 percent). Sierra retail sales rose 2
percent year over year and increased 2 percent compared to June. July
also marked the 22nd consecutive month of year-over-year total and
retail sales increases for the brand. Through July, GMC total sales are
up 25 percent, while retail sales have risen 23 percent (read more).
-- Cadillac: Cadillac reported total sales of 11,119 for July, a 26-percent
decrease versus last July which included a significant reduction in
sales to fleets. For the month, retail sales decreased 26 percent. For
the year-to-date, Cadillac total sales are up 9 percent while retail
sales have increased 17 percent (read more).
-- Fleet sales for GM's four brands were 56,357 for the month, a 13-percent
increase compared to last year's July. Sales to commercial customers
increased 5 percent - the 16th consecutive month of commercial fleet
sales gains. Fleet accounted for 26 percent of GM total sales during the
month.
About General Motors - General Motors (NYSE: GM, TSX: GMM), one of the world's largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 202,000 people in every major region of the world and does business in more than 120 countries. GM and its strategic partners produce cars and trucks in 30 countries, and sell and service these vehicles through the following brands: Baojun, Buick, Cadillac, Chevrolet, GMC, Daewoo, Holden, Isuzu, Jiefang, Opel, Vauxhall, and Wuling. GM's largest national market is China, followed by the United States, Brazil, the United Kingdom, Germany, Canada, and Italy. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on the new General Motors can be found at www.gm.com.
GM U.S. Deliveries for July 2011 - Divisional Brand Level
(Calendar Year-to-
Date)
*S/D Curr: 26 July January - July
------------- ---- ---------------
*S/D Prev: 27 2011 2010 % Chg %Chg 2011 2010 %Chg
per
------------- ---- ---- Volume S/D ---- ---- Volume
------ --- ------
Vehicle Total 214,915 199,692 7.6 11.8 1,476,548 1,280,213 15.3
Brand Total 214,915 199,432 7.8 11.9 1,476,548 1,269,009 16.4
Other Brand
Total 0 260 ***.* ***.* 0 11,204 ***.*
----------- --- --- ----- ----- --- ------ -----
GM Vehicle
Deliveries by
Marketing
Division
--------------
2011 2010 %Chg %Chg 2011 2010 %Chg
per
---- ---- Volume S/D ---- ---- Volume
------ --- ------
Buick Total 16,873 16,799 0.4 4.3 110,472 86,831 27.2
Cadillac Total 11,119 14,919 -25.5 -22.6 87,241 79,704 9.5
Chevrolet Total
** 149,005 139,916 6.5 10.6 1,053,553 922,359 14.2
GMC Total ** 37,918 27,798 36.4 41.7 225,282 180,115 25.1
Brand Total 214,915 199,432 7.8 11.9 1,476,548 1,269,009 16.4
HUMMER Total 0 210 ***.* ***.* 0 3,139 ***.*
Pontiac Total 0 20 ***.* ***.* 0 947 ***.*
Saab Total 0 0 ***.* ***.* 0 608 ***.*
Saturn Total 0 30 ***.* ***.* 0 6,510 ***.*
Other Brand
Total 0 260 ***.* ***.* 0 11,204 ***.*
GM Vehicle
Total 214,915 199,692 7.6 11.8 1,476,548 1,280,213 15.3
---------- ------- ------- --- ---- --------- --------- ----
* Twenty-six selling days for the July period this year and twenty-
seven for last year.
**Calendar Year 2010 includes GMC & Chevrolet Dealer deliveries of
commercial vehicles distributed by America Isuzu Motors, Inc.
GM U.S. Deliveries for July 2011 by Model
(Calendar Year-to-
Date)
July January - July
---- ---------------
2011 2010 % Chg %Chg 2011 2010 %Chg
---- ---- Volume per S/D ---- ---- Volume
------ ------- ------
Selling
Days
(S/D) 26 27
------- --- ---
Enclave 6,145 5,039 21.9 26.6 34,149 31,286 9.2
LaCrosse 5,971 7,047 -15.3 -12.0 35,298 37,456 -5.8
Lucerne 1,233 3,010 -59.0 -57.5 15,513 15,915 -2.5
Regal 3,524 1,703 106.9 114.9 25,512 2,174 ***.*
Buick
Total 16,873 16,799 0.4 4.3 110,472 86,831 27.2
------ ------ ------ --- --- ------- ------ ----
CTS 4,449 5,516 -19.3 -16.2 31,454 24,601 27.9
DTS 715 1,207 -40.8 -38.5 9,453 10,221 -7.5
Escalade 914 1,252 -27.0 -24.2 7,859 8,766 -10.3
Escalade
ESV 605 762 -20.6 -17.5 4,402 4,150 6.1
Escalade
EXT 171 195 -12.3 -8.9 1,067 1,008 5.9
SRX 4,133 5,723 -27.8 -25.0 30,333 28,378 6.9
STS 132 259 -49.0 -47.1 2,661 2,404 10.7
XLR 0 5 ***.* ***.* 12 176 -93.2
Cadillac
Total 11,119 14,919 -25.5 -22.6 87,241 79,704 9.5
-------- ------ ------ ----- ----- ------ ------ ---
Avalanche 1,621 2,026 -20.0 -16.9 10,339 11,453 -9.7
Aveo 3,349 4,238 -21.0 -17.9 24,615 24,715 -0.4
Camaro 7,671 7,486 2.5 6.4 56,432 53,864 4.8
Caprice 90 0 ***.* ***.* 155 0 ***.*
Chevy C/
T
Series 0 0 ***.* ***.* 0 8 ***.*
Chevy W
Series 0 17 ***.* ***.* 0 209 ***.*
Cobalt 21 7,339 -99.7 -99.7 835 84,733 -99.0
Colorado 3,169 2,195 44.4 49.9 19,283 13,856 39.2
Corvette 1,291 1,199 7.7 11.8 8,187 7,554 8.4
Cruze 24,648 0 ***.* ***.* 147,620 0 ***.*
Equinox 17,094 9,869 73.2 79.9 112,932 76,859 46.9
Express 5,343 5,524 -3.3 0.4 38,299 33,783 13.4
HHR 317 9,696 -96.7 -96.6 35,819 47,772 -25.0
Impala 7,327 14,565 -49.7 -47.8 110,971 104,056 6.6
Kodiak
4/5
Series 0 37 ***.* ***.* 10 1,082 -99.1
Kodiak
6/7/8
Series 0 4 ***.* ***.* 0 196 ***.*
Malibu 19,529 20,458 -4.5 -0.9 142,312 128,775 10.5
Silverado-
C/K
Pickup 33,121 34,664 -4.5 -0.8 215,906 201,446 7.2
Suburban
(Chevy) 4,265 3,708 15.0 19.4 22,871 25,865 -11.6
Tahoe 5,741 6,912 -16.9 -13.7 39,754 43,602 -8.8
TrailBlazer 0 2 ***.* ***.* 33 207 -84.1
Traverse 14,283 9,977 43.2 48.7 64,310 62,248 3.3
Uplander 0 0 ***.* ***.* 0 76 ***.*
Volt 125 0 ***.* ***.* 2,870 0 ***.*
Chevrolet
Total 149,005 139,916 6.5 10.6 1,053,553 922,359 14.2
--------- ------- ------- --- ---- --------- ------- ----
Acadia 10,424 5,574 87.0 94.2 50,235 40,898 22.8
Canyon 1,422 639 122.5 131.1 5,570 4,206 32.4
Envoy 0 1 ***.* ***.* 5 73 -93.2
GMC C/T
Series 0 0 ***.* ***.* 0 52 ***.*
GMC W
Series 0 21 ***.* ***.* 0 293 ***.*
Savana 1,219 1,748 -30.3 -27.6 11,355 8,387 35.4
Sierra 12,596 11,910 5.8 9.8 80,194 67,518 18.8
Terrain 7,302 3,788 92.8 100.2 48,666 30,903 57.5
Topkick
4/5
Series 0 7 ***.* ***.* 5 823 -99.4
Topkick
6/7/8
Series 0 4 ***.* ***.* 8 347 -97.7
Yukon 2,238 2,416 -7.4 -3.8 17,402 14,177 22.7
Yukon XL 2,717 1,690 60.8 67.0 11,842 12,438 -4.8
GMC
Total 37,918 27,798 36.4 41.7 225,282 180,115 25.1
--- ------ ------ ---- ---- ------- ------- ----
Brand
Total 214,915 199,432 7.8 11.9 1,476,548 1,269,009 16.4
------ ------- ------- --- ---- --------- --------- ----
HUMMER
Total 0 210 ***.* ***.* 0 3,139 ***.*
------ --- --- ----- ----- --- ----- -----
Pontiac
Total 0 20 ***.* ***.* 0 947 ***.*
------- --- --- ----- ----- --- --- -----
Saab
Total 0 0 ***.* ***.* 0 608 ***.*
------ --- --- ----- ----- --- --- -----
Saturn
Total 0 30 ***.* ***.* 0 6,510 ***.*
------ --- --- ----- ----- --- ----- -----
Other
Brand
Total 0 260 ***.* ***.* 0 11,204 ***.*
------ --- --- ----- ----- --- ------ -----
GM
Vehicle
Total 214,915 199,692 7.6 11.8 1,476,548 1,280,213 15.3
-------- ------- ------- --- ---- --------- --------- ----
SOURCE General Motors
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