Should there be more given all the GM pre-release fanfare?
Wayne Gerdes -
CleanMPG - Nov. 3, 2009
2010 Chevrolet Camaro has a good month with 8,082 vehicles sold.
Chevrolet, Buick, GMC and Cadillac see first sales increase in 21 Months and GM total sales of 177,603 bests Toyota’s 152,165 by a hefty margin.
GM's four core brands -- Chevrolet, Buick, GMC, and Cadillac saw U.S. October sales of 177,603 vehicles, up 4 percent from last October, the company's first year-over-year gain since January 2008. Total sales increased 13 percent when compared with September. The four brands accounted for about 95 percent of GM's retail sales, an increase of 10 percentage points compared to the prior year.
Unfortunately, the core and non-core brands showed a sales increase of just .4% vs. a miserable October of 2008 sales period.
“We’re very pleased with consumer acceptance to our newest cars, crossovers and trucks,” said Susan Docherty, GM vice president, U.S. Sales. “While we have more work to do, we are making progress and will continue our focus on delivering vehicles and a sales and service experience that brings consumers to Chevrolet, Buick, GMC and Cadillac – and keeps them coming back.”
Chevrolet highlights
Malibu retail sales were up 7.2% compared to a year ago.
Camaro continues to distance itself from competition, selling nearly 8,000 vehicles during the month and we anticipate we will hold the top spot in the regular sports car segment.
Corvette retains the number one position in the luxury sports car segment with nearly 28 percent of the market. With just 1,154 vehicles sold however, sales were down 4.8% from last October’s volumes.
Equinox share in compact crossover segment is growing, having more than doubled in a year to 10 percent – the highest since August, 2007. It sales were not only up but way up reaching 7,868 vehicles, up 167% vs. October of 2008. A third shift was added to keep up with demand.
"Chevrolet had a solid sales month in October supported by our 2009 launch products Camaro, Equinox and Traverse," said Brent Dewar, vice president, global Chevrolet. "Our broad lineup appeals to a range of consumers, whether it's the modern sports car, Camaro, appealing to performance enthusiasts or the Equinox and Traverse delivering what today's families care about
: safety, styling and efficiency."
Buick/GMC
“We like the momentum we’ve seen in the sales of new Buick and GMC models,” said Susan Docherty, Buick-GMC general manager, and GM Vice President of U.S. Sales. “In October, Buick and GMC both had their best sales months of 2009, and in fact, total sales for these two brands were up 33 percent over October 2008 for the combined total of Buick, Pontiac and GMC.”
Cadillac
SRX: total sales were 280 percent higher than October 2008 (3,477 vs. 916), the second best performance of the vehicle in history.SRX: days supply is 34 days, based on month-end inventory.
Escalade: Year-over-year total sales were 37 percent higher than October 2008 (2,904 vs. 2,354).
"The interest customers are showing in the new SRX is exciting – we are seeing Lexus, BMW and Mercedes customers trading their vehicles for the SRX," said Bryan Nesbitt, Cadillac General Manager.
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