September 2013: General Motors

[William Maley]

GM Delivers 187,195 Vehicles in September

• Buick sales increase 6 percent and Cadillac sales grow by 10 percent

2013-10-01

DETROIT – General Motors Co. (NYSE: GM) dealers delivered 187,195 vehicles in the United States in September, down 11 percent compared year over year. Retail sales were down 6 percent versus a year ago and fleet sales were down 27 percent. Retail sales were up 2 percent on a selling day-adjusted basis.

“We held our own when it comes to retail market share this month thanks to strong new products, including the Chevrolet Impala, Buick Encore, GMC Sierra and the Cadillac ATS and XTS,” said Kurt McNeil, vice president, U.S. sales operations. “We expect a strong finish to the year and more growth in 2014 thanks to new products and a healthier economy.”

Highlights (vs. 2012)

• Buick sales increased 6 percent and Cadillac sales were up 10 percent. On a retail basis, Buick sales have now increased for 17 months in a row.
• Chevrolet Malibu sales were up 29 percent, sales of the Spark were up 6 percent and retail sales of the Impala increased 64 percent. Chevrolet Tahoe sales were up 14 percent.
• Third quarter retail sales for GM were up 13 percent and total sales were up 7 percent.
• Through the first nine months of the year, Chevrolet, Buick, Cadillac and GMC have posted double-digit retail sales increases compared with 2012.
• Year-to-date sales of Buick and Cadillac cars are up a combined 15 percent; large pickups are up 20 percent; large SUVs are up 15 percent; and compact crossovers are up 13 percent.

GM’s fleet sales in September reflect the strategic repositioning of the Impala, the temporary discontinuation of the Chevrolet Colorado and GMC Canyon, and lower Chevrolet Cruze sales.

[SingleStylish]

Has GM discontinued the Colorado and Canyon? The numbers are dismal and consistent with the end of a product line...

[Drew Dowdell]

2012 Model year was their last year. I don't know exactly when they went out of production, but whatever shows up in these sales reports is just leftover inventory

[ocnblu]

2015 model year replacements are coming. At some point. I really need to see these.

[smk4565]

The Lambda SUVs are cooling off, although they have been strong sellers for a lot of years, maybe they are growing long in the tooth now.

I am surprised the Impala got outsold by the Malibu, yes the Malibu is cheaper but not by that much and the Impala is a much nicer car. The Cruze seems to have fallen off a cliff, that i a big drop unless it is just a on month fluke.

[vonVeezelsnider]

Jeez. Those Buick numbers are rough, the strong Encore numbers are hiding something concerning.

Cadillac overall, when you look at the modeconsidering this was a down month for everybody, not so bad. I wonder what's going on there with the Cruze. That's a pretty precipitous decline. I would be worried about that one.