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GM January Sales up a very respectable 21.8%

 
 
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Old 02-01-2011, 10:25 AM
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GM January Sales up a very respectable 21.8%

Just 321 Volts were sold in January however...

http://www.cleanmpg.com/photos/data/501/2011_Chevrolet_Cruze_LTZ.jpg
Wayne Gerdes - CleanMPG - Feb. 1, 2011

2011 Chevrolet Cruze sales prove to be formidable at 13,631 vehicle keys being turned over to new owners in January.

GM reports 178,896 total sales in January, a 21.8% increase from the year ago period when just 146,825 vehicles were delivered. The true money maker for the corporation, Truck sales were up a very significant 28%!

Fortunately, GM is getting off the fleet sales kick as retail sales of GM’s cars, trucks and crossovers all rose 34 percent or more during the month, up 39 percent, 34 percent and 35 percent, respectively while fleet sales were off 7% overall. This is a very good thing for customers as the auction lots will not be flooded with used Malibu’s, Cruze’s, Silverado’s and Traverses holding up resale for the benefit of GM owners everywhere.

Passenger Cars

Total sales of GM passenger cars rose 15 percent during January on rising demand for the all-new Chevrolet Cruze, Buick Regal and CTS Coupe. Retail sales of GM passenger cars rose 39 percent for the month, led by the Cruze, with retail sales 129 percent higher than the compact car it replaced. The momentum continues as Cruze Eco, which will get an estimated 42 miles per gallon on the highway, began arriving at U.S. dealers in January. Volt sales were disappointing however with just 321 units sold.

The Money Makers - Pickups and Utilities

Total sales of GM’s full-size pickup trucks – Chevrolet Silverado and Avalanche, and GMC Sierra – improved 28 percent in January versus a year ago, with retail sales rising 37 percent. Total sales of GM full-size utilities – Chevrolet Suburban and Tahoe, GMC Yukon and Yukon XL, and Cadillac Escalade – rose 18 percent during the month, with combined retail sales improving 31 percent.

Chevrolet delivered 125,389 total vehicles in January, a 19-percent increase versus last year. Retail sales for Chevrolet rose 33 percent for the month. Retail sales were propelled by improving Cruze sales, which were 129 percent higher than the compact car it replaces. Silverado and Equinox retail sales, which were up 35 and 46 percent respectively.

Buick reported 13,269 total sales, a 32-percent increase compared to a year ago. This includes a 44-percent rise in year-over-year retail sales, led by Regal (2,290 units) and Enclave, which had retail sales 37 percent higher than last year. This marks the 16th consecutive month of year-over-year sales gains for the brand.

GMC reported total sales of 27,658, a 30-percent increase compared to the same month last year. This marks the 16th consecutive month of year-over-year sales increases. Retail sales were 36 percent higher than last year, spurred by Yukon, Sierra, Acadia and Terrain – up 32 percent, 49 percent, 24 percent and 34 percent, respectively.

Cadillac reported total sales of 12,580 for January – 49 percent higher than last January, with retail sales increasing 55 percent. January was the 12th consecutive month of year-over-year total and retail sales gains. SRX retail sales were up 43 percent compared to a year ago. CTS retail sales rose 114 percent, driven by strong demand for the all-new CTS Coupe and Sedan. The Escalade family saw retail sale rise 18 percent versus a year ago.

There is not an auto company in the world that would love to have January sales that GM just achieved… Other than maybe Hyundai anyway
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