March Highlights
* Chevrolet Car Retail Sales Up 6 Percent Led By A 122 Percent Increase in Malibu and a 16 Percent Increase in Impala Sales
* Cadillac Retail Car Sales Up 22 Percent with a 43 Percent Increase in CTS and 6 Percent Increase in DTS
* Strong Retail Month at Saturn with Aura Up 25 Percent, Vue Up 18 Percent and Outlook Up 14 Percent, offsetting Ion
* Enclave, Acadia and Outlook Drive Mid-Utility Crossover Segment Up 45 Percent
* Saab Total Sales Up 12 Percent; GMC Total Sales Up 1 Percent
Q1 Highlights
* Retail Share Remains Stable Despite Market Pressures; Fleet Sales Down 7 Percent
* Continued Strength of Malibu, Impala, CTS and Aura Driving Passenger Car Growth
* GM’s Mid-Utility Crossover Segment Grows 47 Percent
DETROIT – GM dealers in the United States delivered 282,732 vehicles in March, a decrease of 13 percent when compared with the same month a year ago. For the first three months of 2008, GM total sales of 805,720 vehicles were down 11 percent compared with a year ago. Retail share appears to have remained stable throughout the month and the quarter.
“Our new launch vehicles, including the award-winning Chevrolet Malibu, Cadillac CTS, and our new crossovers -- Enclave, Acadia and Outlook -- had a strong month,” said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing.
“Most importantly, despite the tough economy and soft truck market, we anticipate our total retail vehicle sales share to have remained flat for the month and the first three months of the year. We are encouraged by our performance in the key passenger car categories, and we anticipate holding our share for full-size pickups and utilities,” LaNeve added.
There were several bright spots in the truck category, including GMC Sierra pickup sales that were up 4 percent total and 1 percent retail for the month. Saturn Vue total sales were up 12 percent and retail climbed 18 percent. The Buick Enclave, GMC Acadia and Saturn Outlook crossovers together accounted for more than 14,000 vehicle sales in the month, an increase of 45 percent compared with the same month last year. Outlook sales were up 18 percent; Acadia sales increased 39 percent; and there were more than 4,400 Buick Enclaves sold. The Saab 9-7X also increased its total sales 18 percent for the month. GM total truck sales for the month declined 16 percent compared with March 2007.
GM’s fuel-efficient cars saw strong growth. Chevrolet Malibu total sales were up 7 percent with retail sales up 122 percent, and Impala sales were up 10 percent total and 16 percent retail. Pontiac Vibe total sales were up 39 percent with retail up 4 percent, while G6 was up 31 percent total compared with March 2007. In the luxury car segment, the award-winning Cadillac CTS saw total sales increase 33 percent with a strong retail increase of 43 percent. The just-released 2009 Pontiac Vibe and G8 are selling as fast as they are delivered to dealers.
“For the first three months of the year, GM has four of the top-10 selling cars in the market with Impala, Cobalt, G6 and Malibu. Our sales performance in mid-cars and crossovers shows the power of new products to attract consumers – even in a tough market,” LaNeve added. “Consumers can always walk into a GM showroom and know they’ll get a vehicle with industry-leading value, great fuel economy and the best warranty coverage of any full-line automaker.”
Source: http://media.gm.com/servlet/Gateway...ws/viewpressreldetail.do?domain=2&docid=44734
* Chevrolet Car Retail Sales Up 6 Percent Led By A 122 Percent Increase in Malibu and a 16 Percent Increase in Impala Sales
* Cadillac Retail Car Sales Up 22 Percent with a 43 Percent Increase in CTS and 6 Percent Increase in DTS
* Strong Retail Month at Saturn with Aura Up 25 Percent, Vue Up 18 Percent and Outlook Up 14 Percent, offsetting Ion
* Enclave, Acadia and Outlook Drive Mid-Utility Crossover Segment Up 45 Percent
* Saab Total Sales Up 12 Percent; GMC Total Sales Up 1 Percent
Q1 Highlights
* Retail Share Remains Stable Despite Market Pressures; Fleet Sales Down 7 Percent
* Continued Strength of Malibu, Impala, CTS and Aura Driving Passenger Car Growth
* GM’s Mid-Utility Crossover Segment Grows 47 Percent
DETROIT – GM dealers in the United States delivered 282,732 vehicles in March, a decrease of 13 percent when compared with the same month a year ago. For the first three months of 2008, GM total sales of 805,720 vehicles were down 11 percent compared with a year ago. Retail share appears to have remained stable throughout the month and the quarter.
“Our new launch vehicles, including the award-winning Chevrolet Malibu, Cadillac CTS, and our new crossovers -- Enclave, Acadia and Outlook -- had a strong month,” said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing.
“Most importantly, despite the tough economy and soft truck market, we anticipate our total retail vehicle sales share to have remained flat for the month and the first three months of the year. We are encouraged by our performance in the key passenger car categories, and we anticipate holding our share for full-size pickups and utilities,” LaNeve added.
There were several bright spots in the truck category, including GMC Sierra pickup sales that were up 4 percent total and 1 percent retail for the month. Saturn Vue total sales were up 12 percent and retail climbed 18 percent. The Buick Enclave, GMC Acadia and Saturn Outlook crossovers together accounted for more than 14,000 vehicle sales in the month, an increase of 45 percent compared with the same month last year. Outlook sales were up 18 percent; Acadia sales increased 39 percent; and there were more than 4,400 Buick Enclaves sold. The Saab 9-7X also increased its total sales 18 percent for the month. GM total truck sales for the month declined 16 percent compared with March 2007.
GM’s fuel-efficient cars saw strong growth. Chevrolet Malibu total sales were up 7 percent with retail sales up 122 percent, and Impala sales were up 10 percent total and 16 percent retail. Pontiac Vibe total sales were up 39 percent with retail up 4 percent, while G6 was up 31 percent total compared with March 2007. In the luxury car segment, the award-winning Cadillac CTS saw total sales increase 33 percent with a strong retail increase of 43 percent. The just-released 2009 Pontiac Vibe and G8 are selling as fast as they are delivered to dealers.
“For the first three months of the year, GM has four of the top-10 selling cars in the market with Impala, Cobalt, G6 and Malibu. Our sales performance in mid-cars and crossovers shows the power of new products to attract consumers – even in a tough market,” LaNeve added. “Consumers can always walk into a GM showroom and know they’ll get a vehicle with industry-leading value, great fuel economy and the best warranty coverage of any full-line automaker.”
Source: http://media.gm.com/servlet/Gateway...ws/viewpressreldetail.do?domain=2&docid=44734
