GM September 2016 Sales Down 0.6% with 249,795 Vehicles Sold

Discussion in 'In the News' started by xcel, Oct 6, 2016.

  1. xcel

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

    [​IMG] Volt, Colorado, and Malibu achieve excellent results in September.

    [​IMG]Wayne Gerdes – CleanMPG – Oct. 3, 2016

    The biggest news item in September was the announcement of range and pricing of the 238 Mile Range Chevrolet Bolt: $37,495. Both of which set a new more affordable and sustainable transportation bar.

    The only question now is will it sell in quantities similar to that of the Tesla Model S or higher or will its sales like all BEV sales continue to pale in comparison to the conventionally fueled and powered vehicles currently for sale in the U.S. today?

    GM September 2016 Sales Overview

    GM sold 249,795 vehicles in September, down 0.62 percent from the 251,310 sold in September of 2015. YTD sales of 2,212,397 vehicles is down 3.8 percent below the 2,299,847 sold through the same period of 2015.

    GM stated that its September 2016 retail sales were up 1 percent over September of 2015.

    Average Transaction Prices (ATP)/Incentives

    GM’s ATPs, retail transaction prices after sales incentives, were $35,804, nearly $5,000 above the industry average and more than $1,000 above last September’s performance.

    GM’s incentive spending as a percentage of ATP was a rather high 13.1 percent and above the industry average of 12.6 percent and well below other domestic and select Asian competitors.

    Fleet and Commercial

    GM’s total fleet sales were down 4 percent in September with a fleet mix of 18 percent which continues to be lower than the company’s full-year guidance of 20 percent.

    GM September 2016 Sales Highlights

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    Chevrolet Chevrolet had its best September and YTD since 2007. Malibu, Cruze, Corvette, Camaro and Volt were up 50, 6, 16, 10 and 117 percent, respectively.

    The Malibu had its best September sales result since 1980 and year to date since 1981 and the Colorado had its best September since 2004.

    Silverado had an unusual down month with sales of 45,380, down 15.5 percent below the 53,725 sold in September of 2015. That result was off so much that the legendary pickup has fallen to number 3 in September U.S. sales now behind RAM.

    GMC Canyon achieved its best September ever and YTD ever. Sales of 2,949 pickups were 26.5 percent.

    Buick and Cadillac September sales of 20,922 and 15,368 vehicles were up 14.1 and 3.1 percent respectively.

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    September 2016 U.S. Automobile Market Share Detail

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    In September, Ford’s U.S. market share was down a significant 0.9 percent.

    On a volume basis, September of 2016 US Auto sales of 1.43 million vehicles was down a slight 0.7 percent below September of 2015s 1.44 million vehicle sales result.

    2016 YTD sales of 13.05 million is up 0.2 percent above the 13.02 million vehicles sold through the same period of 2015 with the same number of selling days.

    U.S. September 2016 Sales vs. September 2015 Sales Ranks and Results for the top 14 Automobile Manufacturers

    GM September 2016 Sales Down 0.6% with 249,795 Vehicles Sold
    Ford September 2016 Sales Down 7.7% with 204,447 Vehicles Sold
    Toyota September 2016 Sales Up 1.5% with 197,260 Vehicles Sold
    FCA September 2016 Sales Down 0.9% with 192,883 Vehicles Sold
    Honda September 2016 Sales Down 0.1% with 133,655 Vehicles Sold
    Nissan September 2016 Sales Up 4.9% with 127,797 Vehicles Sold
    Hyundai September 2016 Sales Up 4.1% with 66,610 Vehicles Sold
    Subaru September 2016 Sales Up 3.5% with 54,918 Vehicles Sold
    Kia September 2016 Sales Down 1.2% with 49,220 Vehicles Sold
    Mercedes-Benz September 2016 Sales Up 3.1% with 33,075 Vehicles Sold
    BMW September 2016 Sales Down 5.2% with 29,413 Vehicles Sold
    Mazda September 2016 Sales Down 2.8% with 24,889 Vehicles Sold
    VW September 2016 Sales Down 7.8% with 24,112 Vehicles Sold
    Audi September 2016 Sales Up 1.6% with 17,617 Vehicles Sold

    In September, Mazda moved ahead of VW to take the 12th spot.

    The seasonally adjusted annual selling rate (SAAR) for light vehicles in September was 17.8 million vehicles. On a YTD sales basis, light-vehicle SAAR was 17.4 million vehicles.
     
  2. xcel

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

    [​IMG] GM Canada Sales Up 2.0% With Sales of 25,466 Vehicles

    Canadian Chevrolet, Buick, GMC and Cadillac dealers delivered 25,466 vehicles in September 2016 versus 24,960 in September 2015, an increase of 2 percent. GM’s retail sales were up 4 percent for the month resulting in the best September retail sales since 2009.

    September 2016 GM Canada Sales Highlights

    Chevrolet had its best total sales for the month since 2007 with a 5 percent increase that includes a 12 percent increase in sales of cars and crossovers.

    Cadillac had its best Canadian September total sales in history.
    • Chevrolet Colorado up 58 percent
    • GMC Canyon up 39 percent
    • Cadillac XTS up 40 percent
    • Cadillac CTS up 67 percent
    • Cadillac Escalade up 19 percent
    Top 6 Canada September 2016 Auto Sales
     

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