Tag Archives: gm sales

GM on Flat Sales Reports Record 2017 EPS

GM set an EBIT-adjusted record for the fourth quarter of 2017. This result was attributed to sales of GM’s latest crossovers, along with strong   pricing and cost control — which more than offset a wholesale volume decline during Q4. … Continue reading

Posted in financial results, fuel economy or emissions | Tagged , , , | Leave a comment

General Motors Posts Record 2016 Results

General Motors (NYSE: GM) today announced record full-year 2016 results from strong retail demand for full-size trucks and SUVs in the United States, continued industry growth in China and what it termed as “effective cost performance across the globe.” I Continue reading

Posted in financial results, milestones | Tagged , , , , , | 1 Comment

General Motors U.S. Sales Up 6% in March, Outpacing Market

General Motors sold 245,950 vehicles in the United States in March, up 6% compared with a year ago. Retail sales increased 4%, fleet sales were up 12%, with the fleet mix at 27% of total sales. As a result, GM retained its position as the sales leader in the U.S. ahead of Ford Motor and Toyota Motor, respectively.Sales of GM crossovers were up 31%; trucks, which include pickups, vans and SUVs, were up 2%; and car sales were down 3% as high volume large pickup sales were up 6%. Continue reading

Posted in auto news, sales | Tagged , , , , , | Leave a comment

GM U.S. Sales Increase 7% in February. Retail Share Up

General Motors said today that it sold 224,314 vehicles in the United States in February, up 7% compared with a year ago. Retail sales and fleet sales were both up 7%, matching expected overall market growth. GM’s fleet sales were 25% of the total, equal to a year ago.GM estimated its retail market share at more than 17%, well above its 2012 calendar year share at 15%. This was best February since 2008 at 268,737 units when the market was trending down and GM was headed for bankruptcy. The Seasonally Adjusted Annual Rate back then was about the same as today at 15.6 million light vehicles. Continue reading

Posted in auto news, results, sales | Tagged , , , , , | Leave a comment

GM Marketing Head Ewanick Resigns as GM Lags in Sales Growth

In an unusual Sunday statement, General Motors tersely said yesterday that Global Chief Marketing Officer Joel Ewanick resigned, effective immediately. The resignation comes just days before GM will release Q2 financial results, which will be negatively impacted by product launch and marketing costs, as well as the ongoing struggles of Opel, which is mired in the Eurozone crisis. Continue reading

Posted in auto news, marketing, news analysis, people | Tagged , , , , , , , | Leave a comment

Chrysler, Ford and GM Post Best U.S. May Sales in Years. But…

Chrysler, Ford and GM posted the best May sales in years today as the U.S. auto market continued its slow recovery to what looks to be shaping up as a 14 million unit year – the best since the collapse of the economy under the waning years of the Bush Administration. In terms of numbers, GM once again led with sales of 245,000 light cars and trucks – it’s highest in 33 months, followed by Ford Motor (209,000) and Chrysler Group (150,000). The market appears to be slipping away from Ford and General Motors, though. Only Chrysler Group at 689,000 year-to-date for a 33% increase outraced industry growth of 13%. Ford Motor up 6.5% (933,000) and GM up a mere 2% at 1,067,000 badly lagged the auto sale expansion. Continue reading

Posted in auto news, news analysis, results, sales | Tagged , , , , , , , , , | Leave a comment

General Motors U.S. August Sales Increase 18%

General Motors today reported total August sales of 218,479 vehicles, an 18% increase compared with August 2010. The August sales gains were evenly divided among car, crossover and the truck segments that GM reports on. Continue reading

Posted in auto news, marketing, news analysis, results, sales | Tagged , , , , , , , , , , , , | Leave a comment

GM U.S. Sales Increase 8% in July. Cadillac off 26%

General Motors dealers in the United States sold 214,915 vehicles in July, an 8% sales gain compared to July 2010. Retail sales for GM’s brands rose 6% for the month compared to a year ago, and were 1% higher than June, as the U.S. economy continues to struggle with slow – or no growth – and high unemployment rates. Continue reading

Posted in auto news, economy, results, sales | Tagged , , , , , , , , , , , | Leave a comment

Volkswagen – Stalking Toyota – Sets Record for Car Sales

Volkswagen wants to be the world’s largest automaker by 2018, which would require it to overtake Toyota and General Motors, the number one and number two global sales leaders respectively in 2010. VW brand deliveries in North America, 194,600 vehicles (162,600; +19.7%) in the first five months, were characterized as “very encouraging.”

Nonetheless VW remains a minor player in what remains a major global market. As part of the world dominance plan, Volkswagen Group said it will sell 800,000 VW models annually in the United States by 2018 – 1,000,000 with Bentley and Audi included. In the U.S., all VW Group brands delivered 360,300 units during 2010, corresponding to growth of 20.9% – a long way short of the goal. Continue reading

Posted in news analysis, results, sales | Tagged , , , , , , , , , , , , | Leave a comment

General Motors April U.S. Vehicle Sales Increase of 27%

“Recently, rising fuel prices have led many to re-think their vehicle choice,” said Don Johnson, vice president, U.S. Sales Operations. “Because of the investments we’ve made in fuel-efficiency and global product architectures, the company is well positioned to meet these needs.” Continue reading

Posted in auto news, marketing, results, sales | Tagged , , , , , , , , , , , , , , | Leave a comment

General Motors U.S. Sales Up 11% in March, Q1 Up 26%

Dealers for General Motors Company reported 206,621 total sales during March in the U.S., an increase of 11%, and a 17% increase in GM retail sales. Discounted fleet sales were 27% of the total.

For the first three months, total GM sales increased 26% to 592,545 units compared to a year earlier. As a result, each of GM’s remaining brands – Chevrolet, Buick, GMC and Cadillac – gained retail and total market share during the quarter, a welcome reversal of a declining trend that was underway for five decades and ultimately led it GM’s bankruptcy in 2009. Continue reading

Posted in auto news, sales | Tagged , , , , , , , , , , , , , , , | Leave a comment

General Motors January Sales Rise 23%

General Motors dealers reported 178,896 total sales in the United States during January, a 23% increase from a year ago for the company’s four brands. Retail sales were 36% higher than January 2009. Continue reading

Posted in auto news, economy, marketing, new vehicle, results, sales | Tagged , , , , , , , , , , , , | Leave a comment

General Motors Sets China Sales Record. U.S. also up in 2010

General Motors vehicle sales in China rose 28.8% to a record 2,351,610 units in 2010. GM’s manufacturing joint ventures and major brands all set new annual sales marks, allowing GM to remain the leader among global automakers in the world’s … Continue reading

Posted in auto news, economy, results, sales | Tagged , , , , , , , , , , | Leave a comment

General Motors Sales Increase 21% in November

General Motors reported 168,704 total sales in November, a 21% increase from the prior year. GM says it is now on track to gain market share for the year. If the forecast holds true, it would be the first time … Continue reading

Posted in auto news, economy | Tagged , , , , , , , , , , , , , | Leave a comment