GM August 2011 Sales - Up 18%
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GM’s U.S. Sales Up 18 Percent in August
DETROIT September 1, 2011; General Motors Co. today reported total sales of 218,479 vehicles in August, an 18-percent increase compared with August 2010.
Retail deliveries were up 22 percent compared with the same month a year ago and accounted for 74 percent of GM sales. Deliveries to fleet customers increased 8 percent.
“Our balanced portfolio of trucks and fuel-efficient vehicles like the Chevrolet Cruze, Chevrolet Equinox and GMC Terrain are helping GM continue to gain market share, which has now increased in seven of the past eight months,” said Don Johnson, vice president, U.S. Sales Operations. “We’re carrying good momentum and we’re cautiously optimistic that we’ll see U.S. economic growth improve in the months ahead.”
In August, year-over-year passenger car sales increased 18 percent, crossover sales increased 17 percent and truck sales increased 18 percent.
· Chevrolet: Cruze sales surpassed 20,000 for the fifth month in a row; Equinox sales rose 58 percent compared with August 2010.
· GMC: Terrain sales were up 88 percent; Acadia was up 54 percent compared with August 2010.
· Cadillac: Combined sales of the Cadillac CTS sedan, coupe and wagon increased 39 percent compared with August 2010. Cadillac reduced its fleet sales by 51 percent.
· Buick: August was the brand’s 23rd consecutive month of year-over-year sales gains, and the Regal had its best month since launch, more than doubling sales.
Month-end dealer inventory in the United States was 556,884 units, including 212,520 full-size pickup trucks. GM is on track to meet its target of ending 2011 with a full-size pickup inventory of about 200,000 units, thanks to improved sales, which were up 10 percent compared with July, and production adjustments.
GM is closely monitoring consumer sentiment and other economic indicators but the company continues to expect that the full-year seasonally adjusted annual rate (SAAR) for U.S. vehicle sales will be in the low end of a 13.0 million – 13.5 million unit range.
Sales Highlights |
Aug. 2011 Total Sales (vehicles) |
Total Change vs. Aug. 2010 |
Aug. 2011 Retail Sales vs. Aug. 2010 |
CYTD Total Sales (vehicles) |
CYTD Total Sales Change vs. 2010 |
CYTD Retail Sales Change vs. 2010 |
Chevrolet |
152,779 |
16% |
22% |
1,206,332 |
14% |
23% |
GMC |
36,471 |
40% |
26% |
261,753 |
27% |
23% |
Buick |
16,021 |
12% |
19% |
126,493 |
25% |
27% |
Cadillac |
13,208 |
4% |
14% |
100,449 |
9% |
17% |
Total |
218,479 |
18% |
22% |
1,695,027 |
17% |
22% |
Inventory |
Units @ Aug. 31, 2011 |
Days Supply (selling days adjusted) |
Units @ July 31, 2011 |
Days Supply (selling days adjusted) |
All Vehicles |
556,884 |
66 |
537,822 |
65 |
Full-size Pickups |
212,520 |
107 |
209,261 |
115 |
About General Motors – General Motors , one of the world’s largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 208,000 people in every major region of the world and does business in more than 120 countries. GM and its strategic partners produce cars and trucks in 30 countries, and sell and service these vehicles through the following brands: Baojun, Buick, Cadillac, Chevrolet, GMC, Daewoo, Holden, Isuzu, Jiefang, Opel, Vauxhall, and Wuling. The Global Chevrolet brand is celebrating its 100th birthday in 2011. GM’s largest national market is China, followed by the United States, Brazil, the United Kingdom, Germany, Canada, and Italy. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on the new General Motors can be found at www.gm.com.