GM March 2017 Sales Up 1.6% with 256,224 Vehicles sold

Discussion in 'In the News' started by xcel, Apr 7, 2017.

  1. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    [​IMG] Cruze is showing its potential w/ sales up 88 percent. The turbo diesel appears to be available now. :)

    [​IMG]Wayne Gerdes – CleanMPG – April 3, 2017

    2017 Chevrolet Cruze Sedan with the 137 hp and 240 lb-ft of torque 1.6L Turbo Diesel mated to the 6-speed MT – $24,770 incl. $100 mats and $875 D&H provides owners with an EPA 30/52 mpg city/highway rating. Take $2,500 off that price today with a possible $20k price tag by the end of the year.

    Built on the attractively designed Cruze sedan we drove last year, the Cruze Diesel includes a three feature line hood, auto On/Off thin wraparound dual projector halogens w/ LED DRLs, and a small upper and larger lower opening black grille surrounded by thin chrome trim.

    From the profile, heated, power-adjustable and manual-folding body colored side view mirrors, a lower chrome beltline, a feature line running upwards front to back and through the handles, plus 5-spoke 16” alloys.

    Moving inside, owners receive a proximity key, heated front seats, an 8-way power driver seat, and a 60/40 split folding rear seat providing comfort and convenience. The highly regarded leather wrapped wheel and leather shift knob/hood is an option.

    Besides efficiency, the Cruze is really about Infotainment. The Cruze diesel includes the brands MyLink Radio w/ a 7" diagonal color touch-screen and rear view camera, AM/FM/SiriusXM, Bluetooth streaming, Android Auto and Apple CarPlay plus OnStar with 4G LTE and Wi-Fi hotspot.

    On the safety front, the Cruze like many Chevrolet’s incorporates the most airbags of any of its competitors with front. Side, side curtains plus driver and passenger knee and rear seat outboard sides. The most in the segment.

    Electronic Stability Control System, ABS, TC, BA, and TPMS round out the passive and active safety systems.

    The IIHS has only partially tested the 2017 Cruze showing it achieved a Good rating on the moderate front and side crash tests. The Cruse Turbo Diesel will be ineligible for a Top Safety Pick+ rating due to the lack of advanced forward collision warning and braking systems.

    The IIHS has rated the 2017 Cruze Sedan with a 4-star overall rating. From the front it was 5-star rated but it got knocked back to 4-stars on the side crash test(s).

    I hope we will be able to drive the TD w/ the MT very soon.

    2017 Chevrolet Cruze Premiere

    [​IMG][/B]​

    GM March 2017 Sales Overview

    In March, GM sold 256,224 vehicles, up 1.6 percent over the 252,128 sold in March of 2016. YTD sales of 689,521 vehicles is up 0.9 percent over the 683,698 sold through the same period of 2016.

    The company said retail sales of 203,113 was up 5 percent.

    Total fleet sales were down 3 percent. Commercial deliveries were up 3 percent with a 67 percent increase in Malibu deliveries and strong pickup and large van sales. Daily rental sales were down 18 percent while Fleet sales were off 9 percent.

    Average transaction prices were approximately $34,000, in line with last year’s first quarter.

    Incentives were down sharply from February 2017. Spending as a percentage of average transaction price (ATP) declined from 14.9 percent to 13.5 percent.

    [​IMG]

    Bolt EV sales in March were 978 while 3,092 vehicles were delivered with limited availability through the first quarter. GM stated the days to turn is just 14 days.

    The Volt achieved March sales of 2,132 vehicles, up 14.3 percent over the 1,865 sold in March of 2016. YTD sales of 5,563 is up an exceptional 39.5 percent over the 3,987 sold during the same period of 2016. GM stated the Volt achieved its best first quarter total and retail sales in the models history.

    Cruze achieved March sales of 18,607, up 88.3 percent over the 9,881 sold in March of 2016. YTD sales of 53,923 is up a very healthy 44.8 percent over the 37,241 sold through the same period of 2016.

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    Items of Note: In January and now March, the Fusion Hybrid outsold Prius. YTD sales of the Prius (15,769) are still ahead of the Fusion Hybrid (15,660) by just 109 vehicles. This is turning out to be quite the horse race with both jockeying back and forth for the monthly sales lead. The Prius has not felt this kind of sales pressure ever.

    The Kia Niro, now in its second full month of sales reached 2,704 new owners and continues to be the 4th bestselling hybrid in the country. The sales totals appear to be accelerating over and above the 2,143 sold last month and I suspect it will top out near 3 to 3.5k/month mark with incentives beginning to be offered in earnest and for the first time in March.

    Ioniq is just now reaching Hyundai dealerships so we will be watching that one closely with April being its first full month of sales.

    U.S. March 2017 Sales vs. March 2016 Sales Ranks and Results for the top 18 Automobile Manufacturers

    GM March 2017 Sales Up 1.6% with 256,224 Vehicles sold
    Ford March 2017 Sales Down 7.2% with 236,250 Vehicles sold
    Toyota March 2017 Sales Down 2.1% with 215,224 Vehicles sold
    FCA March 2017 Sales Down 4.6% with 190,254 Vehicles sold
    Nissan March 2017 Sales Up 3.2% with 168,832 Vehicles sold
    Honda March 2017 Sales Down 0.7% with 137,227 Vehicles sold
    Hyundai March 2017 Sales were down 8.0% with 69,265 Vehicles sold
    Subaru March 2017 Sales Up 11.3% with 54,871 Vehicles sold
    Kia March 2017 Sales Down 15.2% with 49,429 Vehicles Sold
    BMW March 2017 Sales Up 3.5% with 36,002 Vehicles sold
    Mercedes-Benz March 2017 Sales Up 2.0% with 32,352 Vehicles Sold
    VW March 2017 Sales Up 2.7% with 27,635 Vehicles sold
    Mazda March 2017 Sales Up 4.9% with 24,549 Vehicles sold
    Audi March 2017 Sales Up 1.7% with 18,705 Vehicles sold
    Jaguar/Land Rover March 2017 Sales Up 18.9% with 12,918 Vehicles sold
    Mitsubishi March 2017 Sales Up 6.2% with 11,766 Vehicles sold
    Volvo March 2017 Sales Down 21.9% with 5,356 Vehicles sold
    Porsche March 2017 Sales Up 3.6% with 4,479 Vehicles sold

    In March, BMW moved up two spots to 10th ahead of both VW and MB. Jaguar/Land Rover moved ahead of Mitsubishi to take the 15th spot.

    In terms of Market Share, GM was a clear winner in March with a 0.9 percent gain over March of 2016. FCA was down 1.0 percent, Nissan was up 0.7 percent.

    Regarding segment sales totals, F-Series outsold GM’s Silverado, Sierra, Colorado, and Canyon combined. Ram also outsold Silverado.

    March light vehicle SAAR (seasonally-adjusted annual rate) was 14 million in March although March 2017 sales (1.54 million) were off 0.05 million vs. March of 2016 sales (1.59 million). The seasonally adjusted annual selling rate (SAAR) for light vehicles was approximately 14.0 million vehicles. YTD industry sales of 4.00 million is down 0.05 million form the 4.05 million sold through the same period of 2016 with the same number of selling days. It is clear that short term sales have peaked. With incentives piling on across the industry, where we go from here is anyone’s guess.
     

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