Q2 2019: General Motors

[Drew Dowdell]

DETROIT — General Motors Co. (NYSE: GM) delivered 746,659 vehicles in the United States in the second quarter of 2019.

• Crossover sales set a new second quarter record after sales grew year over year by 17 percent.
• Sales of the Chevrolet Silverado 1500 crew cab and GMC Sierra 1500 crew cab were both up 12 percent year over year.
• The Chevrolet Equinox and Traverse and GMC Canyon all delivered record second quarter sales.
• Sales of every Buick crossover were up year over year, with the Envision posting a 28 percent sales increase. The Enclave was up 21 percent and the Encore was up 5 percent.
• Buick deliveries were up 5 percent and GMC deliveries were up 10 percent.
• The all-new Cadillac XT4 continues to lead its segment and the all-new Cadillac XT6 has begun shipping to dealers. Cadillac crossover deliveries were up 19 percent in total year over year, helping the brand grow both total and retail sales.
• The Chevrolet Suburban, Tahoe and GMC Yukon XL were each up more than 20 percent compared to a year ago.

Overall, GM deliveries during the second quarter were down 1.5 percent versus a year ago, in line with third-party estimates for industry sales. The company estimates that its retail market share was even with a year ago, with truck and crossover deliveries offsetting lower passenger car sales.  

 

	QUARTER 2				(CALENDAR YEAR-TO-DATE)
					JANUARY - JUNE
	2019	2018	%Change Volume		2019	2018	%Change Volume
Cascada	1,312	1,374	-4.5		2,058	2,292	-10.2
Enclave	15,159	12,551	20.8		27,739	22,420	23.7
Encore	24,291	23,167	4.9		48,897	48,635	0.5
Envision	9,138	7,118	28.4		16,761	16,814	-0.3
LaCrosse	2,487	4,053	-38.6		5,389	11,119	-51.5
Regal	2,985	4,507	-33.8		6,393	8,215	-22.2
Buick Total	55,373	52,891	4.7		107,240	109,695	-2.2
ATS	371	3,785	-90.2		893	7,747	-88.5
CT6	1,862	2,427	-23.3		4,050	4,894	-17.2
CTS	2,443	2,640	-7.5		4,871	5,082	-4.2
Escalade	9,432	9,655	-2.3		16,251	17,766	-8.5
XT4	7,080	0	***.*		14,106	0	***.*
XT5	13,118	17,045	-23.0		26,396	31,890	-17.2
XT6	74	0	***.*		74	0	***.*
XTS	5,359	3,665	46.2		9,093	8,563	6.2
Cadillac Total	39,739	39,222	1.3		75,734	75,949	-0.3
Blazer	11,772	0	***.*		14,795	0	***.*
Bolt EV	3,965	3,483	13.8		8,281	7,858	5.4
Camaro	12,433	13,588	-8.5		24,516	25,380	-3.4
Colorado	31,669	41,016	-22.8		65,163	69,875	-6.7
Corvette	5,788	5,785	0.1		9,731	10,242	-5.0
Cruze	16,166	37,836	-57.3		39,477	77,691	-49.2
Equinox	85,657	73,967	15.8		174,157	156,365	11.4
Express	21,528	21,413	0.5		38,743	41,187	-5.9
Impala	12,536	13,595	-7.8		25,795	27,662	-6.7
LCF	1,305	756	72.6		1,864	1,286	44.9
Malibu	30,974	42,267	-26.7		65,171	76,417	-14.7
Silverado HD	31,496	37,452	-15.9		61,037	76,471	-20.2
Silverado LD	109,930	118,077	-6.9		194,426	214,603	-9.4
Silverado MD	1,038	0	***.*		1,314	0	***.*
Sonic	4,024	4,582	-12.2		8,484	10,565	-19.7
Spark	7,226	4,454	62.2		13,649	11,399	19.7
Suburban	18,266	15,136	20.7		29,295	29,861	-1.9
Tahoe	32,942	26,880	22.6		53,795	50,523	6.5
Traverse	38,152	35,892	6.3		72,375	74,090	-2.3
Trax	21,790	26,507	-17.8		46,370	46,989	-1.3
Volt	1,146	4,336	-73.6		3,666	7,814	-53.1
Chevrolet Total	499,847	528,100	-5.3		952,248	1,019,019	-6.6
Acadia	28,420	20,108	41.3		59,620	50,008	19.2
Canyon	11,909	9,635	23.6		18,863	16,848	12.0
Savana	9,503	7,167	32.6		16,069	11,964	34.3
Sierra HD	13,946	14,364	-2.9		23,188	27,022	-14.2
Sierra LD	42,911	45,042	-4.7		74,215	73,852	0.5
Terrain	24,988	22,327	11.9		50,352	55,291	-8.9
Yukon	20,023	19,520	2.6		34,970	34,522	1.3
GMC Total	151,700	138,163	9.8		277,277	269,507	2.9
GM Vehicle Total	746,659	758,376	-1.5		1,412,499	1,474,170	-4.2

[ccap41]

I find it a little odd they have to mention "crew cab" sales being up while the rest of the Silverado and Sierra lines are down. 

[Drew Dowdell]

2 minutes ago, ccap41 said:

I find it a little odd they have to mention "crew cab" sales being up while the rest of the Silverado and Sierra lines are down. 

It is what's called "spin". I'm surprised they didn't mention that Crew Cab sales have a higher ATP too..

[ccap41]

3 minutes ago, Drew Dowdell said:

It is what's called "spin". I'm surprised they didn't mention that Crew Cab sales have a higher ATP too..

Yeah... I don't like when companies do things like that.. I know it's probably pretty dang common across the board but I don't like it. It's petty. 

[smk4565]

Impala outselling the Camaro.  And the Impala is getting killed.  Doesn’t bode well for the Camaro.  Also Cadillac sedan sales other than the fleet heavy XTS are in free fall, which doesn’t look good for the prospects of rear drive cars at GM.

[balthazar]

Chevy has a half dozen sedans and only 1 sports coupe. no equivalency.