GM SEPTEMBER SALES DOWN 45%, 156,673 UNITS SOLD - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

FenwickHockey65 · 10-01-2009, 03:30 PM

GM September Sales Total 156,673

* Cash for Clunkers conclusion, weak consumer confidence and extremely low inventory levels adversely affected the industry and GM sales results
* GM market share was down year-over-year compared with a strong, incentive-driven September 2008; however, the anticipated 21 percent share this month would be the highest so far in 2009
* Sales of the red-hot, all-new Chevrolet Equinox up 94 percent compared with September 2008
* Led by a sales increase of 105 percent compared with a month ago, sales of the new Cadillac SRX pushed total Cadillac sales up 64 percent
* Other key launch products, including the GMC Terrain, Buick LaCrosse, Cadillac CTS Sport Wagon and Chevrolet Camaro, greatly exceeded sales expectations and current ability to supply

DETROIT – General Motors dealers in the United States delivered 156,673vehicles in September. When compared with strong sales a year ago, September’s sales were down 45 percent. GM retail sales were down 46 percent while fleet sales declined 43 percent. When comparing GM’s September total sales with a strong August, and the conclusion of the Cash for Clunkers program, volume was down 36 percent month-over-month.

“September was a tough transitional month for the industry, and a difficult year-over-year comparison for GM. Fortunately, the fourth quarter looks brighter and our year-over-year comparisons should look more favorable,” said Mark LaNeve, vice president, U.S. sales. “We have the Cadillac SRX, Buick LaCrosse, Chevrolet Equinox and GMC Terrain hitting dealerships right now, generating significant buyer interest, and we’re selling many of our launch vehicles as soon as they hit dealers’ lots.”

“As expected, the market returned to pre-Cash for Clunkers levels in September, but we believe that our four core brands – Chevrolet, GMC, Buick and Cadillac – are well positioned with new products to generate enthusiasm with our 60-Day Satisfaction Guarantee and ‘May the Best Car Win’ marketing campaigns,” he continued. “We’re gearing-up fourth quarter production to replenish depleted dealer stocks and improve availability of our vehicles for customers.”

There were several product highlights in September for GM’s core brands:

* Buick car sales, led by LaCrosse and Lucerne, increased 50 percent compared with August. Total Buick sales increased 10 percent.
* The luxury segments started to show improvement as Cadillac car truck and total sales all increased compared with the previous month, led by SRX (up 105 percent), CTS (up 35 percent), DTS (up 174 percent) and STS (up 29 percent). Escalade sales increased 28 percent.
* Chevrolet launch products continue to perform strongly in the market. There were 6,900 Traverse, 6,800 Equinox and 8,000 Camaro sales recorded in September.
* GMC Terrain sales continue to build launch momentum with a 183 percent increase from the previous month.

A total of 1,011 GM hybrid vehicles were delivered in the month. So far, in 2009, GM has delivered 12,555 hybrid vehicles.

Non-core brand total sales, when compared with a year ago, showed the impact of the end of the Cash for Clunkers program and overall market demand. Pontiac sales declined 53 percent; Saturn was down 84 percent, HUMMER dropped 82 percent and Saab declined 73 percent.

GM inventories dropped compared with a year ago, and remained at very low levels. At the end of September, about 424,000 vehicles were in stock, down about 294,000 vehicles (or 41 percent) compared with last year, and down approximately 9 percent compared with August. There were about 157,000 cars and 267,000 trucks (including crossovers) in inventory at the end of September.

Link to article with Sales Chart

FenwickHockey65 · 10-01-2009, 03:41 PM

The competition...

Toyota: 126,015 units sold, down 16.1%
Ford Motor Company: 114,655 units sold, down 6%
Honda: 77,229, down 23.3%
Chrysler: 62,197, down 42%
Nissan: 55,393, down 7%

Blownhotrodder · 10-01-2009, 04:11 PM

Shouldnt be a surprise to anybody.

Epitaph · 10-01-2009, 04:58 PM

How did GM go bankrupt with those sales, and not F***? Was it because they pay their employees more than the other companies? I wanna know where that $$ went!

rayhawk · 10-01-2009, 05:38 PM

No surprise that the numbers will be down with the axing of all those brands. The key is how soon they can start making money, not selling the most cars. The volume will come back eventually, but it won't happen immediately.

AZCamaroFan · 10-01-2009, 09:18 PM

But in the end GM is number one in sales.
I didn't hear that from the media today.

Kyle2k · 10-01-2009, 11:02 PM

Quote:

Originally Posted by azfan

But in the end GM is number one in sales.
I didn't hear that from the media today.

That is true, they sold 40k more cars than the next closest competitor....

All-Or-Nothing · 10-02-2009, 01:56 AM

Quote:

Originally Posted by azfan

But in the end GM is number one in sales.
I didn't hear that from the media today.

Number 1 in sales does not automatically mean making profits either. Without profits it doesn't matter if they sold 1 million.

*Mr. Wyndham* · 10-02-2009, 10:20 AM

Quote:

Originally Posted by All-Or-Nothing

Number 1 in sales does not automatically mean making profits either. Without profits it doesn't matter if they sold 1 million.

Correct. The good news on this front is that they've sucessfully restructured to return to profit by 2010 or thereabouts...and with all these outrageously successful new vehicles...they may get their sooner!

*DGthe3* · 10-06-2009, 02:28 PM

Keep in mind the figures from September 2008:

BMW -25.8
Chrysler -32.8
Ford -34.6
GM -15.8
Honda -24
Nissan -36.8
Toyota -32.3

So, over 2 years GM's sales went down ~60% and most others were down an average of 40-50%, Chrysler took an absolute sh*t kicking, down 75%

All-Or-Nothing · 10-06-2009, 02:47 PM

Quote:

Originally Posted by Dragoneye

Correct. The good news on this front is that they've sucessfully restructured to return to profit by 2010 or thereabouts...and with all these outrageously successful new vehicles...they may get their sooner!

GM won't be turning profits by 2010.

FenwickHockey65 · 10-06-2009, 03:32 PM

Quote:

Originally Posted by All-Or-Nothing

GM won't be turning profits by 2010.

:troll:

BackinBlackSS/RS · 10-06-2009, 03:41 PM

Quote:

Originally Posted by All-Or-Nothing

GM won't be turning profits by 2010.

How do you know?

All-Or-Nothing · 10-06-2009, 03:52 PM

Quote:

Originally Posted by BackinBlackSS/RS

How do you know?

Henderson said himself that they were hoping to start making profits late 2011 early 2012. You're the GM fan. You should know this.

10-01-2009, 03:30 PM	#1
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2020 Colorado Join Date: Aug 2008 Location: Florida Posts: 37,371 View My Garage	GM SEPTEMBER SALES DOWN 45%, 156,673 UNITS SOLD GM September Sales Total 156,673 * Cash for Clunkers conclusion, weak consumer confidence and extremely low inventory levels adversely affected the industry and GM sales results * GM market share was down year-over-year compared with a strong, incentive-driven September 2008; however, the anticipated 21 percent share this month would be the highest so far in 2009 * Sales of the red-hot, all-new Chevrolet Equinox up 94 percent compared with September 2008 * Led by a sales increase of 105 percent compared with a month ago, sales of the new Cadillac SRX pushed total Cadillac sales up 64 percent * Other key launch products, including the GMC Terrain, Buick LaCrosse, Cadillac CTS Sport Wagon and Chevrolet Camaro, greatly exceeded sales expectations and current ability to supply DETROIT – General Motors dealers in the United States delivered 156,673vehicles in September. When compared with strong sales a year ago, September’s sales were down 45 percent. GM retail sales were down 46 percent while fleet sales declined 43 percent. When comparing GM’s September total sales with a strong August, and the conclusion of the Cash for Clunkers program, volume was down 36 percent month-over-month. “September was a tough transitional month for the industry, and a difficult year-over-year comparison for GM. Fortunately, the fourth quarter looks brighter and our year-over-year comparisons should look more favorable,” said Mark LaNeve, vice president, U.S. sales. “We have the Cadillac SRX, Buick LaCrosse, Chevrolet Equinox and GMC Terrain hitting dealerships right now, generating significant buyer interest, and we’re selling many of our launch vehicles as soon as they hit dealers’ lots.” “As expected, the market returned to pre-Cash for Clunkers levels in September, but we believe that our four core brands – Chevrolet, GMC, Buick and Cadillac – are well positioned with new products to generate enthusiasm with our 60-Day Satisfaction Guarantee and ‘May the Best Car Win’ marketing campaigns,” he continued. “We’re gearing-up fourth quarter production to replenish depleted dealer stocks and improve availability of our vehicles for customers.” There were several product highlights in September for GM’s core brands: * Buick car sales, led by LaCrosse and Lucerne, increased 50 percent compared with August. Total Buick sales increased 10 percent. * The luxury segments started to show improvement as Cadillac car truck and total sales all increased compared with the previous month, led by SRX (up 105 percent), CTS (up 35 percent), DTS (up 174 percent) and STS (up 29 percent). Escalade sales increased 28 percent. * Chevrolet launch products continue to perform strongly in the market. There were 6,900 Traverse, 6,800 Equinox and 8,000 Camaro sales recorded in September. * GMC Terrain sales continue to build launch momentum with a 183 percent increase from the previous month. A total of 1,011 GM hybrid vehicles were delivered in the month. So far, in 2009, GM has delivered 12,555 hybrid vehicles. Non-core brand total sales, when compared with a year ago, showed the impact of the end of the Cash for Clunkers program and overall market demand. Pontiac sales declined 53 percent; Saturn was down 84 percent, HUMMER dropped 82 percent and Saab declined 73 percent. GM inventories dropped compared with a year ago, and remained at very low levels. At the end of September, about 424,000 vehicles were in stock, down about 294,000 vehicles (or 41 percent) compared with last year, and down approximately 9 percent compared with August. There were about 157,000 cars and 267,000 trucks (including crossovers) in inventory at the end of September. Link to article with Sales Chart __________________ 2023 GMC Canyon Elevation 2020 Chevrolet Colorado W/T Extended Cab (State-issued) Last edited by FenwickHockey65; 10-01-2009 at 03:44 PM.

10-01-2009, 03:41 PM	#2
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2020 Colorado Join Date: Aug 2008 Location: Florida Posts: 37,371 View My Garage	The competition... Toyota: 126,015 units sold, down 16.1% Ford Motor Company: 114,655 units sold, down 6% Honda: 77,229, down 23.3% Chrysler: 62,197, down 42% Nissan: 55,393, down 7% __________________ 2023 GMC Canyon Elevation 2020 Chevrolet Colorado W/T Extended Cab (State-issued)

10-01-2009, 05:38 PM	#5
rayhawk Drives: Camaro SS Join Date: Aug 2008 Location: Miami Posts: 1,060 View My Garage	No surprise that the numbers will be down with the axing of all those brands. The key is how soon they can start making money, not selling the most cars. The volume will come back eventually, but it won't happen immediately. __________________

10-06-2009, 02:28 PM	#10
DGthe3 Moderator.ca Drives: 05 Grand Am GT Join Date: Jul 2007 Location: Niagara, Canada Posts: 25,372	Keep in mind the figures from September 2008: BMW -25.8 Chrysler -32.8 Ford -34.6 GM -15.8 Honda -24 Nissan -36.8 Toyota -32.3 So, over 2 years GM's sales went down ~60% and most others were down an average of 40-50%, Chrysler took an absolute sht kicking, down 75% __________________ Note, if I've gotten any facts wrong in the above, just ignore any points I made with them __________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors......* ........and HE WOULD KNOW!!!! __________________ Camaro Fest sub-forum

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
GM AUGUST 2009 SALES DOWN 20%, 246,479 UNITS SOLD	FenwickHockey65	General Automotive + Other Cars Discussion	8	09-01-2009 09:56 PM
June 2009 Camaro production and delivery #'s -- OVERTAKES MUSTANG in JUNE!	Tran	5th Gen Camaro SS LS LT General Discussions	96	08-11-2009 10:13 PM
GM July Sales Results.. drumroll please?	Zabo	General Automotive + Other Cars Discussion	14	08-05-2009 11:11 AM
GOOD NEWS: Camaro smashes sales forecasts.	FenwickHockey65	5th Gen Camaro SS LS LT General Discussions	79	06-11-2009 12:34 AM
U.S. auto sales plunge	KILLER74Z28	General Automotive + Other Cars Discussion	24	10-03-2008 04:38 AM

10-01-2009, 04:11 PM	#3
Blownhotrodder Drives: 2018 ZL1 1LE Join Date: Dec 2008 Location: Clarkesville , GEORGIA Posts: 1,859	Shouldnt be a surprise to anybody.

10-01-2009, 04:58 PM	#4
Epitaph Custom User Title Drives: Fast Join Date: Jan 2009 Location: San Diego, CA Posts: 550	How did GM go bankrupt with those sales, and not F***? Was it because they pay their employees more than the other companies? I wanna know where that $$ went!

10-01-2009, 09:18 PM	#6
AZCamaroFan Camaro6 2016-2018 Drives: sometimes Join Date: Mar 2008 Location: Phoenix Posts: 18,450	But in the end GM is number one in sales. I didn't hear that from the media today.