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Old 03-02-2010, 10:03 AM   #1
FenwickHockey65
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GM FEBRUARY SALES UP 12%, 138,849 UNITS SOLD

GM FEBRUARY SALES UP 12%
Link to Press Release
    • Combined Retail Sales for Chevrolet, Buick, GMC and Cadillac Increase 7 percent
    • Fifth Consecutive Month of Year-over-Year Retail Sales Gains for GM’s Four Brands
    • Combined Chevy Equinox, GMC Terrain, Cadillac SRX Retail Sales Up 198 Percent

DETROIT – Chevrolet, Buick, GMC and Cadillac dealers in the U.S. reported sales of 138,849, up a combined 32 percent compared to February 2009. These results were driven by the continued strong growth of new GM crossovers and passenger cars.

GM’s Chevrolet, Buick, GMC and Cadillac brands continue to build momentum in the marketplace, according to Susan Docherty, GM vice president, Sales, Service and Marketing. “Although we’ve been operating as a new company with four brands for just seven months, our February results demonstrate that our long-term plan is already paying dividends,” Docherty said.

Retail sales for GM’s four brands were up 7 percent for the month, driven by strong consumer demand for GM’s crossovers. February retail sales of GM’s newest crossovers – Chevrolet Equinox, GMC Terrain and Cadillac SRX – were up 198 percent compared to the vehicles they replaced. This was the seventh month in a row that retail sales of these vehicles were up more than 100 percent.

“We’ll earn every sale by delivering the value customers expect, in the vehicle they want,” said Docherty. “Our sales results for the Chevrolet Equinox, GMC Terrain and Cadillac SRX show these vehicles have what customers are looking for today – style, fuel efficiency, quality and the safety and security of OnStar.”

Month-end dealer inventory in the U.S. stood at 420,000, which is 30,000 higher compared to January 2010, and 361,000 lower than February 2009.

Other Key Facts:

  • Chevrolet: total sales up 32 percent; retail sales up 1 percent; Chevrolet Equinox retail sales increased 121 percent
  • Buick: total sales up 47 percent; retail sales up 18 percent; Buick LaCrosse retail sales rose 100 percent
  • GMC: total sales up 26 percent; retail sales up 25 percent; GMC Terrain retail sales were up 303 percent (compared to the Pontiac Torrent – the vehicle it replaced)
  • Cadillac: total sales up 32 percent; retail sales up 13 percent; Cadillac SRX retail sales were up 490 percent
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Old 03-02-2010, 10:24 AM   #2
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YES!!!
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Old 03-02-2010, 10:29 AM   #3
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AWESOME!
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Old 03-02-2010, 10:34 AM   #4
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Edited after sorting through PR spin...
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Old 03-02-2010, 10:44 AM   #5
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Old 03-02-2010, 01:27 PM   #6
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The Competition...

Ford Motor Company: Up 43%, 142,285 units sold
Toyota: Down 9%, 100,027 units sold
Chrysler: Up 0.47%, 84,449 units sold
Honda: Up 12.7%, 80,671 units sold
Nissan: Up 29.4%, 70,189 units sold
Mercedes Benz: Up 24%, 15,385 units sold
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Old 03-02-2010, 02:15 PM   #7
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Quote:
Originally Posted by FenwickHockey65 View Post
The Competition...

Ford Motor Company: Up 43%, 137,644 units sold
Toyota: Down 9%, 100,027 units sold
WTF, Ford only sold ~1,200 less units than GM?! that's crazy! go Ford!

good for gm too btw.
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Old 03-02-2010, 02:39 PM   #8
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fiat chrysler up 38% !!!!

big 3 for the win
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Old 03-02-2010, 02:51 PM   #9
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FoMoCo #'s are 142,285.

http://media.ford.com/images/10031/February10sales.pdf
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Old 03-02-2010, 02:56 PM   #10
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Quote:
Originally Posted by FenwickHockey65 View Post
The Competition...

Ford Motor Company: Up 43%, 137,644 units sold
Toyota: Down 9%, 100,027 units sold
Good. I own Ford stock. I suppose toyota is down because of the "gubment conspiracy"... Too bad toyota isn't down 100%.
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Old 03-02-2010, 03:06 PM   #11
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I think feb 2010 is the first month in 80 years that Ford has sold more vehicles than GM, The Ford fans are going crazy right now.
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Old 03-02-2010, 03:13 PM   #12
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Toyota is only down 9%... that amazes me.
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Old 03-02-2010, 03:17 PM   #13
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looks like somebody's working.
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Old 03-02-2010, 03:30 PM   #14
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