Chevrolet, Buick, GMC and Cadillac Retail Sales Up 3 Percent -- Total Sales for These Brands Up 30 Percent
GM Total Sales Increase 14 Percent
Fourth Consecutive Month of Retail Sales Gains for GM’s Four Brands
Chevy Equinox, GMC Terrain and Cadillac SRX Retail Sales Up 161 Percent
Fleet Sales Comprise 29 Percent of Total Sales
DETROIT, Feb. 2 /PRNewswire/ -- U.S. dealers for GM’s brands – Chevrolet, Buick, GMC and Cadillac – reported retail sales of 102,420, up 3 percent compared to January 2009, and 145,098 total sales (up 30 percent). These results were driven by the continued strong growth of new GM crossovers and passenger cars. For the month, GM dealers reported 146,825 total sales (including other brands), representing a total sales increase of 14 percent from the previous year.
“This is the fourth month in a row that Chevrolet, Buick, GMC and Cadillac have shown a collective year-over-year retail sales increase,” said Susan Docherty, GM vice president, Sales, Service and Marketing. “Our long-term plan to continue to focus and strengthen our brands is delivering results.”
Chevrolet, Buick, GMC and Cadillac comprised 98 percent of the company’s retail sales in January, compared to 85 percent a year earlier. Retail sales, including other brands, in the U.S. were 104,122 during the month. This represents a 10 percent decline from a year ago, driven by other brand sales – Pontiac, Saturn, Saab and HUMMER – that were 90 percent lower. GM dealers delivered 42,703 fleet vehicles, comprising 29 percent of total deliveries for the month.
Other Key Facts:
- Chevrolet Equinox retail sales increased 67 percent; estimated retail share of the compact crossover segment is up 5 points (Jan. 2009 vs. Jan. 2010)
- GMC Terrain retail sales were up 162 percent (compared to the vehicle it replaces, Pontiac Torrent); estimated retail share of the compact crossover segment is up more than 3 points (Jan. 2009 vs. Jan. 2010)
- Cadillac SRX retail sales were up 218 percent vs. last year, the fifth consecutive month it has gained more than 100 percent year-over-year; SRX gained approximately 15 points of retail share in the Mid-lux SUV crossover segment (Jan. 2009 vs. Jan. 2010)
- In their first year on sale, GM Compact Crossovers – Chevrolet Equinox and GMC Terrain – have become the second best selling crossovers in the industry
- GM sells more crossovers than any other automaker, representing approximately 20 percent of industry crossovers sold
- Buick LaCrosse retail sales were up 142 percent, the fourth consecutive month it has gained more than 100 percent year-over-year; LaCrosse gained an estimated 12 points of retail segment share, making it number one in its segment (Jan. 2009 vs. Jan. 2010)
- Chevrolet dealers sold 5,371 Camaros – the eighth straight month it has outsold Mustang
“Our launch vehicles such as the Chevrolet Equinox and Camaro, Buick LaCrosse, GMC Terrain, and Cadillac SRX continue to attract new customers to our brands,” Docherty said. “In addition to styling and fuel efficiency, customers have told us they want safe, high quality vehicles. They can have peace of mind knowing that our vehicles come standard with our 5-year, 100,000 mile powertrain warranty and OnStar.”
Management Discussion of January Sales Results
“Global economic recovery is picking up pace,” said Mike DiGiovanni, executive director, global market and industry analysis. “In the U.S., we are seeing a strong rebound in manufacturing and stabilization of consumer confidence, which will support a slow but steady improvement in the vehicle market.”
U.S. Economy
- Leading economic indicators point to a continuing recovery in 2010, although risks remain
- Job losses continue to decline, but initial claims of unemployment remain high, indicating continuing reduction in the labor force. Unemployment is likely to stay near 10 percent
- Consumer confidence stabilized at the December level. Consumer vehicle buying attitude is improving, but consumers don’t anticipate a strong recovery in jobs and income
- Home prices have stabilized in large parts of the country. Housing starts dropped 4 percent in December, but rising housing permits indicate construction will pick up in coming months
- The manufacturing sector continues to expand. Corporate profit reports show the corporate sector is positioned to expand as the economy improves
U. S. Auto Industry
- The U.S. January 2010 SAAR is estimated to be approximately 11.0 to 11.3 million (total industry estimate) – largely on par with Q4 2009 sales
- Based on the strengthening U.S. economy, we are increasing our 2010 CY sales outlook to 11.5 to 12.0 million (total vehicle)
GM North America Production
Units 000s Car Truck Total
---------- --- ----- -----
2010 January 69 130 199
--- --- ---
Units O/(U) prior year 63 71 134
--- --- ---
% change O/(U) prior year 1050% 120% 206%
------------------------- ---- --- ---
2010 Q1 237 413 650
--- --- ---
Units O/(U) prior year 121 158 279
--- --- ---
% change O/(U) prior year 104% 62% 75%
------------------------- --- --- ---
GM U.S. Dealer Inventory
Units 000s Car Truck Total
---------- --- ----- -----
2010 January 143 247 390
------------ --- --- ---
Units O/(U) prior year (220) (192) (411)
---- ---- ----
% change O/(U) prior year (61%) (44%) (51%)
----- ----- -----
Units O/(U) prior month (6) 11 5
--- --- ---
% change O/(U) prior month (4%) 4% 1%
-------------------------- ---- --- ---
2009 December 149 236 385
--- --- ---
2009 January 363 439 801
------------ --- --- ---
Other Brands Sales Down 90 Percent in January – Represent 1.2 Percent of Sales, 1 Percent of Inventory
Saturn, Pontiac, Saab and HUMMER combined volumes represented 1.2 percent of total sales in January, compared with 12 percent in May 2009. Inventories for the combined brands totaled 4,212 units at January month-end, representing a 96 percent decrease compared to the end of May 2009 (112,141 units).
Month-End Inventories of Non-Core Brands (May 2009 – Jan 2010):
May 2009 Jan 2010 % Reduction
-------- -------- -----------
HUMMER 4,039 2,493 38 %
------ ----- ----- ---
Pontiac 70,876 534 99 %
------- ------ --- ---
Saab 4,579 780 83 %
---- ----- --- ---
Saturn 32,647 405 99 %
------ ------ --- ---
About General Motors: General Motors, one of the world’s largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 204,000 people in every major region of the world and does business in some 140 countries. GM and its strategic partners produce cars and trucks in 34 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Opel, Vauxhall and Wuling. GM’s largest national market is the United States, followed by China, Brazil, Germany, the United Kingdom, Canada, and Italy. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. General Motors acquired operations from General Motors Corporation on July 10, 2009, and references to prior periods in this and other press materials refer to operations of the old General Motors Corporation. More information on the new General Motors can be found at www.gm.com.
General Motors dealers in the United States reported the following
deliveries:
(Calendar Year-to-Date)
*S/D Curr: 24 January January - January
------------- ------------------------------ -----------------------
% Chg %Chg %Chg
*S/D Prev: 26 2010 2009 Volume per S/D 2010 2009 Volume
------------- ---- ---- ------- ------- ---- ---- ------
Vehicle Total 146,825 129,227 13.6 23.1 146,825 129,227 13.6
Core
Brand
Total 145,098 111,774 29.8 40.6 145,098 111,774 29.8
Non-Core
Brand
Total 1,727 17,453 -90.1 -89.3 1,727 17,453 -90.1
Light Vehicle
Total 146,315 128,198 14.1 23.6 146,315 128,198 14.1
Car Total 59,363 43,943 35.1 46.3 59,363 43,943 35.1
Light Truck
Total 49,064 59,649 -17.7 -10.9 49,064 59,649 -17.7
Truck Total ** 49,574 60,678 -18.3 -11.5 49,574 60,678 -18.3
Crossover
Total 37,888 24,606 54.0 66.8 37,888 24,606 54.0
--------- ------ ------ ---- ---- ------ ------ ----
GM Vehicle
Deliveries by
Marketing
Division
--------------
%Chg %Chg %Chg
2010 2009 Volume per S/D 2010 2009 Volume
----------- ---- ---- ------- ------- ---- ---- -------
Buick Total 10,061 6,969 44.4 56.4 10,061 6,969 44.4
Cadillac Total 8,440 8,499 -0.7 7.6 8,440 8,499 -0.7
Chevrolet
Total 105,294 77,186 36.4 47.8 105,294 77,186 36.4
GMC Total 21,303 19,120 11.4 20.7 21,303 19,120 11.4
Core
Brand
Total 145,098 111,774 29.8 40.6 145,098 111,774 29.8
HUMMER Total 265 1,222 -78.3 -76.5 265 1,222 -78.3
Pontiac Total 389 9,104 -95.7 -95.4 389 9,104 -95.7
Saab Total 511 955 -46.5 -42.0 511 955 -46.5
Saturn Total 562 6,172 -90.9 -90.1 562 6,172 -90.9
Non-Core
Brand
Total 1,727 17,453 -90.1 -89.3 1,727 17,453 -90.1
--------- ----- ------ ----- ----- ----- ------ -----
GM Vehicle
Total 146,825 129,227 13.6 23.1 146,825 129,227 13.6
---------- ------- ------- ---- ---- ------- ------- ----
GM Car
Deliveries by
Marketing
Division
--------------
%Chg %Chg %Chg
2010 2009 Volume per S/D 2010 2009 Volume
----------- ---- ---- ------- ------- ---- ---- ------
Buick Total 5,986 4,248 40.9 52.7 5,986 4,248 40.9
Cadillac Total 3,452 5,251 -34.3 -28.8 3,452 5,251 -34.3
Chevrolet
Total 48,608 24,000 102.5 119.4 48,608 24,000 102.5
Car Core
Brand
Total 58,046 33,499 73.3 87.7 58,046 33,499 73.3
Pontiac Total 376 7,464 -95.0 -94.5 376 7,464 -95.0
Saab Total 494 624 -20.8 -14.2 494 624 -20.8
Saturn Total 447 2,356 -81.0 -79.4 447 2,356 -81.0
Car Non-
Core
Brand
Total 1,317 10,444 -87.4 -86.3 1,317 10,444 -87.4
-------- ----- ------ ----- ----- ----- ------ -----
GM Car Total 59,363 43,943 35.1 46.3 59,363 43,943 35.1
------------ ------ ------ ---- ---- ------ ------ ----
GM Light Truck
Deliveries by
Marketing
Division
--------------
%Chg %Chg %Chg
2010 2009 Volume per S/D 2010 2009 Volume
----------- ---- ---- ------- ------- ---- ---- ------
Buick Total 0 9 ***.* ***.* 0 9 ***.*
Cadillac Total 1,754 2,360 -25.7 -19.5 1,754 2,360 -25.7
Chevrolet
Total 35,802 40,326 -11.2 -3.8 35,802 40,326 -11.2
GMC Total 11,226 15,400 -27.1 -21.0 11,226 15,400 -27.1
Truck
Core
Brand
Total 48,782 58,095 -16.0 -9.0 48,782 58,095 -16.0
HUMMER Total 265 1,222 -78.3 -76.5 265 1,222 -78.3
Pontiac Total 0 0 ***.* ***.* 0 0 ***.*
Saab Total 17 331 -94.9 -94.4 17 331 -94.9
Saturn Total 0 1 ***.* ***.* 0 1 ***.*
Truck Non-
Core
Brand
Total 282 1,554 -81.9 -80.3 282 1,554 -81.9
---------- --- ----- ----- ----- --- ----- -----
GM Light
Truck Total 49,064 59,649 -17.7 -10.9 49,064 59,649 -17.7
------------ ------ ------ ----- ----- ------ ------ -----
GM Crossover
Deliveries by
Marketing
Division
--------------
%Chg %Chg %Chg
2010 2009 Volume per S/D 2010 2009 Volume
----------- ---- ---- ------- ------- ---- ---- ------
Buick Total 4,075 2,712 50.3 62.8 4,075 2,712 50.3
Cadillac Total 3,234 888 264.2 294.5 3,234 888 264.2
Chevrolet
Total 20,689 12,318 68.0 82.0 20,689 12,318 68.0
GMC Total 9,762 3,233 201.9 227.1 9,762 3,233 201.9
Crossover
Core
Brand
Total 37,760 19,151 97.2 113.6 37,760 19,151 97.2
Pontiac Total 13 1,640 -99.2 -99.1 13 1,640 -99.2
Saturn Total 115 3,815 -97.0 -96.7 115 3,815 -97.0
Crossover
Non-Core
Brand
Total 128 5,455 -97.7 -97.5 128 5,455 -97.7
---------- --- ----- ----- ----- --- ----- -----
GM Crossover
Total 37,888 24,606 54.0 66.8 37,888 24,606 54.0
------------ ------ ------ ---- ---- ------ ------ ----
* Twenty-four selling days (S/D) for the January period this year and
twenty-six for last year.
----------------------------------------------------------------------
**Effective August 2007, GM includes GMC & Chevrolet dealer deliveries
of commercial vehicles distributed by American Isuzu Motors, Inc.
----------------------------------------------------------------------
GM Car Deliveries - (United States)
January 2010
(Calendar Year-to-
Date)
January January - January
---------------------------- ------------------
% Chg %Chg %Chg
2010 2009 Volume per S/D 2010 2009 Volume
----------------- ---- ---- ------- -------- ---- ---- ------
Selling Days (S/D) 24 26
------------------ ----- ----- ----- ----- ----- ----- -----
LaCrosse 4,246 1,489 185.2 208.9 4,246 1,489 185.2
Lucerne 1,740 2,759 -36.9 -31.7 1,740 2,759 -36.9
Buick Total 5,986 4,248 40.9 52.7 5,986 4,248 40.9
----------- ----- ----- ---- ---- ----- ----- ----
CTS 2,565 3,418 -25.0 -18.7 2,565 3,418 -25.0
DTS 618 1,362 -54.6 -50.8 618 1,362 -54.6
STS 233 413 -43.6 -38.9 233 413 -43.6
XLR 36 58 -37.9 -32.8 36 58 -37.9
Cadillac Total 3,452 5,251 -34.3 -28.8 3,452 5,251 -34.3
-------------- ----- ----- ----- ----- ----- ----- -----
Aveo 2,043 1,595 28.1 38.8 2,043 1,595 28.1
Camaro 5,371 0 ***.* ***.* 5,371 0 ***.*
Cobalt 12,962 5,191 149.7 170.5 12,962 5,191 149.7
Corvette 854 842 1.4 9.9 854 842 1.4
Impala 10,939 7,060 54.9 67.9 10,939 7,060 54.9
Malibu 16,439 9,312 76.5 91.2 16,439 9,312 76.5
Monte Carlo 0 0 0.0 0.0 0 0 0.0
Chevrolet Total 48,608 24,000 102.5 119.4 48,608 24,000 102.5
--------------- ------ ------ ----- ----- ------ ------ -----
Core Brand Total 58,046 33,499 73.3 87.7 58,046 33,499 73.3
---------------- ------ ------ ---- ---- ------ ------ ----
G3 Wave 10 0 ***.* ***.* 10 0 ***.*
G5 31 767 -96.0 -95.6 31 767 -96.0
G6 151 2,468 -93.9 -93.4 151 2,468 -93.9
G8 118 1,331 -91.1 -90.4 118 1,331 -91.1
Grand Prix 1 82 -98.8 -98.7 1 82 -98.8
Solstice 51 304 -83.2 -81.8 51 304 -83.2
Vibe 14 2,512 -99.4 -99.4 14 2,512 -99.4
Pontiac Total 376 7,464 -95.0 -94.5 376 7,464 -95.0
------------- --- ----- ----- ----- --- ----- -----
9-3 429 523 -18.0 -11.1 429 523 -18.0
9-5 65 101 -35.6 -30.3 65 101 -35.6
Saab Total 494 624 -20.8 -14.2 494 624 -20.8
---------- --- --- ----- ----- --- --- -----
Astra 9 824 -98.9 -98.8 9 824 -98.9
Aura 361 1,338 -73.0 -70.8 361 1,338 -73.0
ION 0 0 0.0 0.0 0 0 0.0
Sky 77 194 -60.3 -57.0 77 194 -60.3
Saturn Total 447 2,356 -81.0 -79.4 447 2,356 -81.0
------------ --- ----- ----- ----- --- ----- -----
Non-Core Brand
Total 1,317 10,444 -87.4 -86.3 1,317 10,444 -87.4
--------------- ----- ------ ----- ----- ----- ------ -----
GM Car Total 59,363 43,943 35.1 46.3 59,363 43,943 35.1
------------ ------ ------ ---- ---- ------ ------ ----
GM Truck Deliveries - (United States)
January 2010
(Calendar Year-to-
Date)
January January - January
--------------------------- -------------------
% Chg %Chg %Chg
2010 2009 Volume per S/D 2010 2009 Volume
----------------- ---- ---- ------- ------- ---- ---- -------
Selling Days (S/D) 24 26
------------------ ---- ---- ----- ----- ---- ---- -----
Rainier 0 3 ***.* ***.* 0 3 ***.*
Terraza 0 6 ***.* ***.* 0 6 ***.*
Buick Total 0 9 ***.* ***.* 0 9 ***.*
----------- ----- ---- ----- ----- ----- ----- -----
Escalade 1,237 1,353 -8.6 -1.0 1,237 1,353 -8.6
Escalade ESV 396 672 -41.1 -36.2 396 672 -41.1
Escalade EXT 121 335 -63.9 -60.9 121 335 -63.9
Cadillac Total 1,754 2,360 -25.7 -19.5 1,754 2,360 -25.7
-------------- ----- ----- ----- ----- ----- ----- -----
Chevy C/T Series 1 5 -80.0 -78.3 1 5 -80.0
Chevy W Series 37 95 -61.1 -57.8 37 95 -61.1
Colorado 1,939 3,411 -43.2 -38.4 1,939 3,411 -43.2
Express 2,762 2,718 1.6 10.1 2,762 2,718 1.6
Kodiak 4/5 Series 138 346 -60.1 -56.8 138 346 -60.1
Kodiak 6/7/8 Series 19 96 -80.2 -78.6 19 96 -80.2
Suburban (Chevy) 2,315 2,138 8.3 17.3 2,315 2,138 8.3
Tahoe 4,556 3,849 18.4 28.2 4,556 3,849 18.4
TrailBlazer 66 2,461 -97.3 -97.1 66 2,461 -97.3
Uplander 20 281 -92.9 -92.3 20 281 -92.9
-------- --- --- ----- ----- --- --- -----
Avalanche 1,372 1,481 -7.4 0.4 1,372 1,481 -7.4
Silverado-C/K
Pickup 22,772 23,987 -5.1 2.8 22,772 23,987 -5.1
Chevrolet Fullsize
Pickups 24,144 25,468 -5.2 2.7 24,144 25,468 -5.2
------------------ ------ ------ ---- --- ------ ------ ----
Chevrolet Total 35,997 40,868 -11.9 -4.6 35,997 40,868 -11.9
--------------- ------ ------ ----- ---- ------ ------ -----
Canyon 700 1,178 -40.6 -35.6 700 1,178 -40.6
Envoy 28 942 -97.0 -96.8 28 942 -97.0
GMC C/T Series 8 25 -68.0 -65.3 8 25 -68.0
GMC W Series 78 156 -50.0 -45.8 78 156 -50.0
Savana 502 1,220 -58.9 -55.4 502 1,220 -58.9
Sierra 7,271 8,020 -9.3 -1.8 7,271 8,020 -9.3
Topkick 4/5 Series 190 218 -12.8 -5.6 190 218 -12.8
Topkick 6/7/8 Series 39 88 -55.7 -52.0 39 88 -55.7
Yukon 1,503 2,263 -33.6 -28.0 1,503 2,263 -33.6
Yukon XL 1,222 1,777 -31.2 -25.5 1,222 1,777 -31.2
GMC Total 11,541 15,887 -27.4 -21.3 11,541 15,887 -27.4
--------- ------ ------ ----- ----- ------ ------ -----
Core Brand Total 49,292 59,124 -16.6 -9.7 49,292 59,124 -16.6
---------------- ------ ------ ----- ---- ------ ------ -----
HUMMER H2 29 210 -86.2 -85.0 29 210 -86.2
HUMMER H3 155 793 -80.5 -78.8 155 793 -80.5
HUMMER H3T 81 219 -63.0 -59.9 81 219 -63.0
HUMMER Total 265 1,222 -78.3 -76.5 265 1,222 -78.3
------------ --- ----- ----- ----- --- ----- -----
9-7X 17 331 -94.9 -94.4 17 331 -94.9
Saab Total 17 331 -94.9 -94.4 17 331 -94.9
---------- --- --- ----- ----- -- --- -----
Relay 0 1 ***.* ***.* 0 1 ***.*
Saturn Total 0 1 ***.* ***.* 0 1 ***.*
------------ --- --- ----- ----- --- --- -----
Non-Core Brand
Total 282 1,554 -81.9 -80.3 282 1,554 -81.9
--------------- --- ----- ----- ----- --- ----- -----
GM Truck Total 49,574 60,678 -18.3 -11.5 49,574 60,678 -18.3
-------------- ------ ------ ----- ----- ------ ------ -----
GM Crossover Deliveries - (United States)
January 2010
(Calendar Year-to-
Date)
January January - January
----------------------------- -------------------
% Chg %Chg %Chg
2010 2009 Volume per S/D 2010 2009 Volume
----------------- ---- ---- ------- ------- ---- ---- -------
Selling Days (S/D) 24 26
------------------ --- --- ---- ---- ----- ----- ----
Enclave 4,075 2,712 50.3 62.8 4,075 2,712 50.3
Rendezvous 0 0 ***.* ***.* 0 0 ***.*
Buick Total 4,075 2,712 50.3 62.8 4,075 2,712 50.3
----------- ----- ----- ---- ---- ----- ----- ----
SRX 3,234 888 264.2 294.5 3,234 888 264.2
Cadillac Total 3,234 888 264.2 294.5 3,234 888 264.2
-------------- ----- --- ----- ----- ----- --- -----
Equinox 9,513 5,403 76.1 90.7 9,513 5,403 76.1
HHR 5,452 1,700 220.7 247.4 5,452 1,700 220.7
Traverse 5,724 5,215 9.8 18.9 5,724 5,215 9.8
Chevrolet Total 20,689 12,318 68.0 82.0 20,689 12,318 68.0
--------------- ------ ------ ---- ---- ------ ------ ----
Acadia 5,460 3,233 68.9 83.0 5,460 3,233 68.9
Terrain 4,302 0 ***.* ***.* 4,302 0 ***.*
GMC Total 9,762 3,233 201.9 227.1 9,762 3,233 201.9
--------- ----- ----- ----- ----- ----- ----- -----
Core Brand
Total 37,760 19,151 97.2 113.6 37,760 19,151 97.2
---------- ------ ------ ---- ----- ------ ------ ----
Torrent 13 1,640 -99.2 -99.1 13 1,640 -99.2
Pontiac Total 13 1,640 -99.2 -99.1 13 1,640 -99.2
------------- --- ----- ----- ----- --- ----- -----
Outlook 51 944 -94.6 -94.1 51 944 -94.6
VUE 64 2,871 -97.8 -97.6 64 2,871 -97.8
Saturn Total 115 3,815 -97.0 -96.7 115 3,815 -97.0
------------ --- ----- ----- ----- --- ----- -----
Non-Core
Brand Total 128 5,455 -97.7 -97.5 128 5,455 -97.7
------------ --- ----- ----- ----- --- ----- -----
GM Crossover Total 37,888 24,606 54.0 66.8 37,888 24,606 54.0
------------------ ------ ------ ---- ---- ------ ------ ----
SOURCE General Motors
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