GM April 2017 Sales Down 5.8% with 244,406 Vehicles sold – Bolt Achieves New Monthly Sales Record

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

  1. xcel

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

    [​IMG] Along with the award winning Bolt EV news, the 2017 Cruze TD and 2018 Equinox reach showrooms.

    [​IMG]Wayne Gerdes – CleanMPG – May 2, 2017

    2017 Chevrolet Bolt EV - $37,495 incl. the $875 D&H fee to start while provides owners an excellent 238 miles of all-electric range (AER).

    Chevrolet reported that it sold 1,292 Bolt EVs in April, the highest monthly sales total since its release to the consumer in December.

    The current 4,384 Bolt EV owners in the U.S. have driven 4.7 million cumulative miles through the end of March. These all-electric miles have resulted in more than 180,000 gallons of fuel not being consumed based on the EPA average 26 mpg for the entire U.S. 2017 LD fleet those owners could have driven.

    One Bolt EV owner set a new range record by TRAVELING 310 MILES ON A SINGLE CHARGE during a recent trip. The average Bolt EV owner drives approximately 53 miles per day.

    The Bolt EV is currently available in California, Maryland, Massachusetts, New Jersey, New York, Oregon, Washington and Virginia. It will reach dealerships nationwide this summer so expect sales to climb further.

    GM April 2017 Sales Overview

    In April, GM sold 244,406 vehicles, down 5.8 percent below the 259,557 sold in April of 2016. On a daily selling rate basis, April sales were off just 2.2 percent.

    YTD sales of 933,927 vehicles were down 1.0 percent below the 943,255 sold through the same period of 2016. On a daily selling rate basis, sales were flat vs. 2016.

    The company said retail sales of 191,911 was down four percent while fleet sales of 52,495 vehicles was down 11 percent. Deliveries to daily rental companies were down 20 percent, as planned.

    Average transaction prices were approximately $35,000, up more than $600 per vehicle compared to the first quarter of 2017.

    April Incentive spending as a percentage of average transaction prices (ATPs) was 11.7 percent, significantly below the 13.6 percent in March of 2017 and 14.1 percent through the entire Q1 of 2017.

    [​IMG]

    GM stated that its Chevrolet crossovers set new April and YTD records for both total and retail sales.

    Equinox April sales of 20,655 was up 0.2 percent (+4.1 percent on a DSR basis) over the 20,607 sold in April of 2016. YTD sales of 83,364 was up 3.6 percent (+4.6 percent on a DSR basis) over the 80,486 sold through the same period of 2016.

    The Chevrolet Bolt EV achieved its best monthly sales total since its December dealership introduction with 1,292 vehicles delivered during the month of April.

    2017 Chevrolet Bolt EV

    [​IMG]

    The new Chevrolet Cruze also had a strong month with 21,317 vehicles delivered, up 50.6 percent over the 14,153 sold in April of 2016. YTD sales of 75,240 is up a just as impressive 46.4 percent over the 51,394 sold during the same period of 2016.

    Buick achieved its best April total sales since 2005.

    The U.S. Automobile April 2017 vs. April 2016 Market Share results.

    [​IMG][​IMG]

    [​IMG]

    It was a tough month for GM in terms of their profit center(s) with the Silverado, Sierra, Colorado, and Canyon being outsold by the F-Series. Notice the RAM. For the second month in a row it outsold the Silverado. The Accord broke back into the Top 10 with the Altima falling off.

    [​IMG]
    [​IMG]
    [​IMG]
    [​IMG]

    Notice the highly regarded 2017 Toyota Prius Prime outsold the Volt for the first time and took the top spot in the electric segment.

    Kia’s Niro achieved sales of 2,939 sold and its sales volume is still climbing with another 235 units added from last month’s 2,704 sold.

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

    GM April 2017 Sales Down 5.8% with 244,406 Vehicles sold
    Ford April 2017 Sales Down 7.2% with 214,695 Vehicles sold
    Toyota April 2017 Sales Down 4.4% with 201,926 Vehicles sold
    FCA April 2017 Sales Down 6.6% with 177,441 Vehicles sold
    Honda April 2017 Sales Down 7.0% with 138,386 Vehicles sold
    Nissan April 2017 Sales Down 1.5% with 121,998 Vehicles sold
    Hyundai April 2017 Sales were up 1.3% with 63,050 Vehicles sold
    Kia April 2017 Sales Down 5.6% with 53,358 Vehicles sold
    Subaru April 2017 Sales Up 3.9% with 52,368 Vehicles sold
    Mercedes-Benz April 2017 Sales Down 8.7% with 29,490 Vehicles sold
    VW April 2017 Sales Up 1.6% with 27,557 Vehicles sold
    BMW April 2017 Sales Down 12.2% with 26,105 Vehicles sold
    Mazda April 2017 Sales Down 7.8% with 24,164 Vehicles sold
    Audi April 2017 Sales Up 5.1% with 18,711 Vehicles sold
    Jaguar/Land Rover April 2017 Sales Up 34.5% with 8,441 Vehicles sold
    Mitsubishi April 2017 Sales Down 13.4% with 8,375 Vehicles sold
    Volvo April 2017 Sales Up 15.4% with 7,121 Vehicles sold
    Porsche April 2017 Sales Up 2.2% with 5,529 Vehicles sold

    In April, Honda moved ahead of Nissan, Kia ahead of Subaru, and both Mercedes-Benz and VW moved ahead of BMW.

    U.S. Automobile April 2017 sales were off 4.0 percent on a volume basis (1.44 million vs 1.50 million) but just 0.7 percent on a DSR Daily Selling Rate basis. 26 selling days in April of 2017 vs 27 in April of 2016.

    The industry is beginning to slow. How long the OEMs will be able to maintain profit margins with mildly sinking sales remains to be seen. Ford's weak quarter announced last week may be just the start of a longer term decline for the industry. There will still be profits but lower financial results on lower volumes are probably in the cards for the U.S. market over the short to intermediate term.
     
  2. xcel

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

    [​IMG] GM Canada Sales Up 16.4 % With Sales of 30,948 Vehicles

    Chevrolet, Buick, GMC and Cadillac dealers delivered 30,948 vehicles in April, up 16.4 percent over the 26,596 sold in April of 2016. The best April results since 2008.

    GM Canada retail sales were up 16 percent over April of 2016 which was the company’s best April retail sales since 2009.

    April 2017 GM Canada Sales Highlights

    GM Canada’s small/compact crossover sales were up 41 percent in April.

    April Pickup sales were up 20 percent led by the Silverado (up 27 percent), Sierra (up 19 percent), and Colorado (up 10 percent).

    GM Canada cars sales outperformed the industry with an April increase of 6.5 percent.

    Top 6 Canada September 2016 Auto Sales
     
    BillLin likes this.

Share This Page