Chevrolet Colorado achieves its best month ever. Wayne Gerdes – CleanMPG – April 1, 2016 GM March 2016 Sales Overview In March, GM sold 252,128 vehicles, up 0.9 percent over the 249,875 sold in March of 2015. On a daily selling rate basis, sales were off 6.6 percent. YTD sales of 683,698 vehicles were flat compared to the 684,039 sold through the same period of 2015. GM’s once again reiterated that is focusing on higher margin retail and Commercial sales while reducing daily rental deliveries which they said will continue through 2016. Their fleet and daily rental mix of total sales in March was approximately 23 and 11 percent of total sales respectively. My fingers are crossed that in the first downturn they do not resort to filling fleets while harming residual at the consumers expense in the future. GM’s Average Transaction Prices (ATPs), which reflect retail transaction prices after sales incentives, were $35,800 in March, up more than $1,500 from February and about $5,000 above the industry average. GM’s incentive spending as a percentage of ATPs was 10.0 percent in March, well below domestic competitors and the industry average of 10.8 percent. GM March 2016 Sales Highlights Chevrolet car sales were up 8 percent led by the all-new Malibu, which was up 65 percent, along with the Camaro up 23 percent, the Spark up 4 percent and the Volt up 202 percent. The Malibu had its best first quarter since 1980, and approximately 85 percent of sales in March were the all-new model, which is the fastest-selling car in its segment with a “days-to-turn” of 24 days. Yeah!!! Truck sales were up 6 percent, with the Colorado up 44 percent, the Tahoe up 29 percent and Silverado up 2 percent. GMC achieved its best March since 2005, with sales up 13 percent. Canyon sales were up 15 percent and the Sierra was up 27 percent. In March both Ford and Nissan picked up significant market share. On a volume basis, March sales of 1.59 million vehicles was up 3.2 percent over March of 2015s 1.54 million vehicles sold result. YTD sales of 4.05 million is up 2.5 percent over the 3.95 million vehicles sold through the same period of 2015. U.S. March 2016 Sales vs. March 2015 Sales Ranks and Results for the top 14 Automobile Manufacturers Ford U.S. March 2016 Sales Up 8.0% with 254,711 Vehicles Sold GM U.S. March 2016 Sales Up 0.9% with 252,128 Vehicles Sold Toyota March 2016 Sales Down 2.7 % with 219,842 Vehicles Sold FCA U.S. March 2016 Sales Up 8.0% with 213,187 Vehicles Sold Nissan U.S. March 2016 Sales Up 12.7% with 163,559 Vehicles Sold Honda U.S. March 2016 Sales Up 9.4% with 138,221 Vehicles Sold Hyundai U.S. March 2016 Sales Up 0.4% with 75,310 Vehicles Sold Kia U.S. March 2016 Sales Down 0.8% with 58,279 Vehicles Sold Subaru U.S. March 2016 Sales Up 0.4% with 49,285 Vehicles Sold BMW U.S. March 2016 Sales Down 13.3% with 34,795 Vehicles Sold Mercedes-Benz U.S. March 2016 Sales Down 3.6% with 31,715 Vehicles Sold VW U.S. March 2016 Sales Down 10.4% with 26,914 Vehicles Sold Mazda U.S. March 2016 Sales Down 27.2% with 23,396 Vehicles Sold Audi U.S. March 2016 Sales Up 7.5% with 18,392 Vehicles Sold In March, Ford overtook GM by the slimmest of margins, Nissan continues to outpace Honda, Kia is cementing its sales lock over Subaru and BMW overtook Mercedes-Benz. Light trucks continued to dominate the industry with the sales mix of 58 percent. The industry achieved US sales of around 1.59 million vehicles in March, the best March in in over a decade. YTD SAAR is 17.4 million, the best first quarter start since 2001.