GM September 2011 Sales Up 20%, 207,145 Units Sold

[FenwickHockey65]

GM’s U.S. Sales Up 20 Percent in September
Link to Press Release

October 3, 2011

DETROIT – General Motors Co. (NYSE: GM) today reported total sales of 207,145 vehicles in September, a 20-percent increase compared with September 2010.

Retail deliveries were up 19 percent compared with the same month a year ago and accounted for 74 percent of GM sales. Deliveries to fleet customers increased 22 percent.

“For GM, all of the factors that say this is a good time to buy a new vehicle outweigh the bad news that appears to be slowing down the broader economic recovery,” said Don Johnson, vice president, U.S. Sales Operations. “We’re well positioned going forward because we have momentum and another wave of fuel-efficient passenger cars launching over the next several months at Chevrolet, Buick and Cadillac.”

In September, year-over-year passenger car sales increased 12 percent, crossover sales increased 7 percent and truck sales, which include full-size pickups and SUVs, increased 34 percent.

• Chevrolet : In September, its 12 th month since going on sale, Cruze deliveries were 18,097 units, bringing its first full year of sales to 212,019 vehicles. Silverado sales increased 36 percent, Tahoe was up 63 percent and Equinox was up 33 percent.
• GMC : Sales have now increased for 24 consecutive months, year over year. Sierra sales were up 26 percent, Terrain sales were up 45 percent and Yukon was up 45 percent.
• Cadillac : Combined sales of the Cadillac CTS sedan, coupe and wagon increased 24 percent compared with September 2010. In addition, the Cadillac SRX was up 22 percent. Cadillac reduced its fleet sales by 54 percent.
• Buick : September was the brand’s 24th consecutive month of year-over-year sales gains, with the Regal continuing to build momentum with sales up 87 percent. Enclave, which began the transformation of Buick, increased its sales by 10 percent.

Month-end dealer inventory in the United States was 558,157 units. GM’s full-size truck inventory was 208,650 full-size pickup trucks, which equates to an 88-days supply. GM is on track to meet its target of ending 2011 with a full-size pickup inventory of about 200,000 units.

GM continues to expect that the full-year U.S. vehicle sales will be in the low end of our 13.0 million – 13.5 million unit range, given seasonally strong sales and the fact that some of the company’s domestic and Japanese competitors have largely resolved their production issues.

[FenwickHockey65]

Competition...

Ford Motor Company: Up 9%, 175,199 units sold
Chrysler Group LLC: Up 27%, 127,334 units sold
Toyota: Down 17.5%, 121,451 units sold
Nissan: Up 25%, 92,964 units sold
Honda: Down 8%, 89,532 units sold
Volkswagen: Up 35.6%, 27,036 units sold

[DGthe3]

Interesting factoid ... since Sept 2009 Chrysler has doubled its sales. Meanwhile, Toyota has pretty much held steady (actually, they're down a bit)

[duffman]

nice to see the big 3 really are making a come back

[FenwickHockey65]

Originally Posted by DGthe3

Interesting factoid ... since Sept 2009 Chrysler has doubled its sales. Meanwhile, Toyota has pretty much held steady (actually, they're down a bit)

Another interesting factoid...

If the Ram Pickup had sold just a few hundred more units, the top selling vehicles in America would have been...

1. F-series
2. Silverado
3. Ram

[DGthe3]

Originally Posted by FenwickHockey65

Another interesting factoid...

If the Ram Pickup had sold just a few hundred more units, the top selling vehicles in America would have been...

1. F-series
2. Silverado
3. Ram

That reminds me ... wtf were they thinking when they decided to make Ram its own brand?

[FenwickHockey65]

Originally Posted by DGthe3

That reminds me ... wtf were they thinking when they decided to make Ram its own brand?

Who knows. Apparently it's working for them.

I thought they were nuts when GM and Ford were cutting brands left and right...and Chrysler goes and adds one. Two, actually, if you count Fiat, which so far has had fairly dismal sales figures.

[a_Username]

Originally Posted by FenwickHockey65

Who knows. Apparently it's working for them.

I thought they were nuts when GM and Ford were cutting brands left and right...and Chrysler goes and adds one. Two, actually, if you count Fiat, which so far has had fairly dismal sales figures.

WHAT? Fiat is back in the U.S. already?! What do they have the 500? I didn't know that.

[DGthe3]

Originally Posted by a_Username

WHAT? Fiat is back in the U.S. already?! What do they have the 500? I didn't know that.

Yup, the 500. They sold 2773 units in September. They're up 2773 units from September 2010