03-01-2018, 08:37 AM | #1 |
General Motors Aficionado
Drives: 2023 GMC Canyon, 2020 Colorado Join Date: Aug 2008
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GM February 2018 Sales Down 6.9%; 220,905 units sold
Cadillac Sales up 14 percent in February Chevrolet and GMC Crossover Demand Surges Enclave, Cars Drive Buick Sales Increase
General Motors March 1, 2018
DETROIT — General Motors (NYSE: GM) today reported 220,905 car, crossover and truck deliveries in the United States in February. Cadillac saw a 14 percent sales increase versus a year ago, driven by the XT5, ATS and the Escalade. Since the beginning of 2018, the Cadillac Escalade has gained significant retail market share and posted large increases in average transaction prices (ATPs) despite new competition in the segment. Through February, Escalade retail sales are up 10 percent, retail segment share is up 3 percentage points and transaction prices are considerably higher, rising about $1,400 per unit to more than $82,700.
Calendar year to date, Commercial deliveries are up 33 percent, due to a combination of strong products, business confidence and tax reform. Much of the gain was in full-size pickup trucks, underscoring the strength of the U.S. economy. Small business deliveries also helped drive sharply higher sales of large vans. “Consumer confidence is at its highest level since 2000, the economy is strong, our newest products are selling very well and we have successfully managed the transition to the 2018 model year far better than most of our competitors,” said Kurt McNeil, U.S. vice president, Sales Operations. “Customer demand, GM’s new products and upcoming launches are in perfect tune.” Later today, GMC will unveil its all-new 2019 Sierra and Sierra Denali light-duty pickups. On March 7, Chevrolet will unveil the all-new 2019 Chevrolet Silverado 4500HD and 5500HD, which are chassis cab trucks designed for commercial and small business customers. Later this month, Cadillac will unveil its first-ever XT4 crossover. Other GM Highlights (vs. 2017)
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2023 GMC Canyon Elevation 2020 Chevrolet Colorado W/T Extended Cab (State-issued) |
03-01-2018, 09:00 AM | #2 |
General Motors Aficionado
Drives: 2023 GMC Canyon, 2020 Colorado Join Date: Aug 2008
Location: Florida
Posts: 37,371
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Ford Motor Company: Down 6.9%; 194,132 units sold
Toyota: Up 4.5%; 182,195 units sold Fiat-Chrysler Automobiles: Down 1.4%; 165,903 units sold Nissan: Down 4.3%; 117,110 units sold Honda: Down 5%; 115,557 units sold
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2023 GMC Canyon Elevation 2020 Chevrolet Colorado W/T Extended Cab (State-issued) Last edited by FenwickHockey65; 03-01-2018 at 11:09 AM. |
03-01-2018, 09:00 AM | #3 |
Those who need me got me
Drives: 2022 ZL1 A10 Join Date: Aug 2017
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Good returns on cross over market. They invested heavily in marketing the new Equinox this year. Advertising everywhere.
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