GM July 2012 Sales Down 6%, 201,237 Units Sold - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

FenwickHockey65 · 08-01-2012, 11:55 AM

GM U.S. Sales Down on Lower Rental Volume
General Motors

August 1, 2012

DETROIT – General Motors Co. (NYSE: GM) today reported July U.S. sales of 201,237 vehicles, down 6 percent compared with a year ago. Sales to retail customers declined 3 percent. Sales to rental fleet customers declined 41 percent, in line with the company’s previous guidance.

In July, Cadillac sales were up 21 percent thanks to strong across-the-board results for the CTS, Escalade, SRX and the all-new XTS.

“Cadillac hit a home run and our newest Chevrolets and Buicks are performing very well,” said Kurt McNeil, vice president, U.S. Sales Operations. “Signs of a housing recovery and good news on consumer confidence and household income should help keep the light vehicle selling rate in the 14-million range and drive seasonally higher truck sales as we move toward fall.”

All of GM newest vehicles performed well in July. Buick Verano sales were 4,235 units and have increased each month since the car launched in December 2011. Chevrolet Sonic sales were 6,278 units and it has been the retail sales leader in its segment since April 2012. In addition, Chevrolet Spark deliveries were 1,460 in its first month on sale.

GM’s combined retail sales of mini- , small, and compact cars were up 41 percent year over year. Retail passenger car sales in total were up 3 percent, retail crossover sales were up 2 percent and retail truck sales were down 12 percent.

Two all-new vehicles – the 2013 Chevrolet Malibu four-cylinder and Cadillac ATS – are now in production. Vehicles launching later this year include the Buick Verano Turbo, Buick Enclave, Chevrolet Malibu Turbo, Chevrolet Traverse and GMC Acadia.

GM said last month that sales to rental customers would be down sharply in July because planned deliveries occurred earlier in the year compared with 2011. GM’s commercial fleet sales were up 41 percent, the 28th consecutive monthly increase. Strong police vehicle deliveries to state and local agencies helped drive a 115 percent increase in government sales. Total fleet sales were down 15 percent.

LimaCharlie · 08-01-2012, 11:04 PM

On a side note, Mustang outsold the Camaro again in July. GM sold 6,926 Camaros and Ford sold 7,371 Mustangs. I think it's now 3 months in a row the Mustang has won the sales race. Camaro still leads Year-To-Date sales though.

den318 · 08-02-2012, 11:53 AM

Everyone that wants a Camaro already have one. It's been selling like hotcakes for the last few years. It's the "in/dime a dozen" car for the last 3 years. The Mustang just had a refresh for the 13. Unless there's a refresh for the Camaro, i don't see strong sales # like the last few years.

Bob Cosby · 08-02-2012, 12:20 PM

Agreed. This might be the first year since the new Camaro came out that Mustang actually outsells it for the year. Thru July, it is 56,623 (up .3%) to 55,595 (up 22.1%) in favor of Camaro.

Of note, 2012 Mustangs have some pretty good incentives on them. 2013 Mustang incentives are still pretty minor.

rez333 · 08-02-2012, 02:41 PM

Quote:

Originally Posted by LimaCharlie

On a side note, Mustang outsold the Camaro again in July. GM sold 6,926 Camaros and Ford sold 7,371 Mustangs. I think it's now 3 months in a row the Mustang has won the sales race. Camaro still leads Year-To-Date sales though.

I guess people really like the new tail lights on the Mustangs?

Or maybe they like the new GT500-esque grilles?

08-01-2012, 11:55 AM	#1
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2020 Colorado Join Date: Aug 2008 Location: Florida Posts: 37,371 View My Garage	GM July 2012 Sales Down 6%, 201,237 Units Sold GM U.S. Sales Down on Lower Rental Volume General Motors August 1, 2012 DETROIT – General Motors Co. (NYSE: GM) today reported July U.S. sales of 201,237 vehicles, down 6 percent compared with a year ago. Sales to retail customers declined 3 percent. Sales to rental fleet customers declined 41 percent, in line with the company’s previous guidance. In July, Cadillac sales were up 21 percent thanks to strong across-the-board results for the CTS, Escalade, SRX and the all-new XTS. “Cadillac hit a home run and our newest Chevrolets and Buicks are performing very well,” said Kurt McNeil, vice president, U.S. Sales Operations. “Signs of a housing recovery and good news on consumer confidence and household income should help keep the light vehicle selling rate in the 14-million range and drive seasonally higher truck sales as we move toward fall.” All of GM newest vehicles performed well in July. Buick Verano sales were 4,235 units and have increased each month since the car launched in December 2011. Chevrolet Sonic sales were 6,278 units and it has been the retail sales leader in its segment since April 2012. In addition, Chevrolet Spark deliveries were 1,460 in its first month on sale. GM’s combined retail sales of mini- , small, and compact cars were up 41 percent year over year. Retail passenger car sales in total were up 3 percent, retail crossover sales were up 2 percent and retail truck sales were down 12 percent. Two all-new vehicles – the 2013 Chevrolet Malibu four-cylinder and Cadillac ATS – are now in production. Vehicles launching later this year include the Buick Verano Turbo, Buick Enclave, Chevrolet Malibu Turbo, Chevrolet Traverse and GMC Acadia. GM said last month that sales to rental customers would be down sharply in July because planned deliveries occurred earlier in the year compared with 2011. GM’s commercial fleet sales were up 41 percent, the 28th consecutive monthly increase. Strong police vehicle deliveries to state and local agencies helped drive a 115 percent increase in government sales. Total fleet sales were down 15 percent. __________________ 2023 GMC Canyon Elevation 2020 Chevrolet Colorado W/T Extended Cab (State-issued)

08-01-2012, 11:04 PM	#2
LimaCharlie Drives: 2011 Camaro SS/RS - 2004 Silverado Join Date: Mar 2010 Location: Las Vegas, NV Posts: 2,989	On a side note, Mustang outsold the Camaro again in July. GM sold 6,926 Camaros and Ford sold 7,371 Mustangs. I think it's now 3 months in a row the Mustang has won the sales race. Camaro still leads Year-To-Date sales though. __________________ 2011 Summit White Camaro 1SS/RS -6.2 LS3, TR6060, 3.45, G80 2004 Black Silverado 1500 2WD Regular Cab, Short Bed -5.3 LM7, 4L60E, 3.42, G80 2014 White Caprice PPV -6.0 L77, 6L80E, 2.92, G80

08-02-2012, 11:53 AM	#3
den318 Drives: looking Join Date: Aug 2011 Location: manhatten Posts: 166	Everyone that wants a Camaro already have one. It's been selling like hotcakes for the last few years. It's the "in/dime a dozen" car for the last 3 years. The Mustang just had a refresh for the 13. Unless there's a refresh for the Camaro, i don't see strong sales # like the last few years.

08-02-2012, 12:20 PM	#4
Bob Cosby Drives: 2010 Vette Join Date: Jun 2010 Location: Knoxville, TN Posts: 572	Agreed. This might be the first year since the new Camaro came out that Mustang actually outsells it for the year. Thru July, it is 56,623 (up .3%) to 55,595 (up 22.1%) in favor of Camaro. Of note, 2012 Mustangs have some pretty good incentives on them. 2013 Mustang incentives are still pretty minor.