GM May 2016 Sales Down 18.0% with 240,450 Vehicles Sold

Discussion in 'In the News' started by xcel, Jun 2, 2016.

  1. xcel

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

    [​IMG] All-new 2016 Malibu was a standout.

    [​IMG]Wayne Gerdes – CleanMPG – June 1, 2016

    2016 Chevrolet Malibu - 2016 Chevrolet Malibu LS - $24,225 incl. the $875 D&H charge to start. TrueCar shows it can be purchased for approximately $20,000 +TTL in parts of the East Coast.

    GM May 2016 Sales Overview

    GM sold 240,450 vehicles in the U.S. in May, down 18.1 percent below the 293,097 vehicles sold in May of 2015. With 24 selling days in May of 2016 vs 26 days in May of 2015, the Daily Selling Rate (DSR) showed May results down 11.1 percent.

    Year to date sales of 1,183,705 vehicles was down 5.0 percent from the 1,246,192 vehicles sold through the same period of 2015. On a DSR basis (126 days in 2016 vs. 127 in 2015), sales were off 4.3 percent.

    GM’s Commercial deliveries were up for the 31st consecutive month while daily rental sales of 21,753 were down 49 percent from last May.

    GM’s incentive spending as a percentage of ATPs was 9.8 percent in May resulting in an Average Transaction Prices (ATP) after sales incentives of $35,722 in May, almost $4,600 above the industry average.

    GM’s fleet mix in May was approximately 21 percent of total sales, in line with the company’s full-year guidance of 20 percent.

    GM May 2016 Sales Highlights

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    Chevrolet

    The all-new Malibu continues to gain share with sales of 24,202, up 12.8 percent over the 21,461 vehicles sold in May of 2015. Year to date sales of 104,187 is up 28.2 percent over the 81,292 sold through the same period of 2015. This was also the best YTD retail sales performance of the model since 1981.

    Colorado May sales of 9,196 was up 3.5 percent over the 8,881 sold in May of 2015. YTD sales of 42,178 is up 20.5 percent over the 35,017 sold through the same period of 2015.

    GMC

    The Canyon achieved sales of 3,361 in May, up 15.9 percent over the 2,901 sold in May of 2015. YTD sales of 13,964 is up 11.8 percent over the 12,485 sold through the same period of 2015.

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    Market Share Detail

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    In May, Hyundai and Nissan each picked up 0.5 percent market share while GM took a hit losing 1.6 percent vs. April of 2016.

    On a volume basis, May sales of 1.53 million vehicles was down 6.1 percent below May of 2015s 1.63 million vehicles sold result. On a DSR basis however (24 vs. 26 days), May sales were up 1.7 percent.

    2016 YTD sales of 7.08 million is up 0.7 percent ahead of the 7.03 million vehicles sold through the same period of 2015. On a DSR basis (126 vs. 127 days), U.S. 2016 sales were up 1.5 percent.

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    Market Share Detail

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    In May, Hyundai and Nissan each picked up 0.5 percent market share while GM took a hit losing 1.6 percent vs. April of 2016.

    On a volume basis, May sales of 1.53 million vehicles was down 6.1 percent below May of 2015s 1.63 million vehicles sold result. On a DSR basis however (24 vs. 26 days), May sales were up 1.7 percent.

    2016 YTD sales of 7.08 million is up 0.7 percent ahead of the 7.03 million vehicles sold through the same period of 2015. On a DSR basis (126 vs. 127 days), U.S. 2016 sales were up 1.5 percent.

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

    GM May 2016 Sales Down 18.0% with 240,450 Vehicles Sold
    Ford May 2016 Sales Down 5.9% with 235,997 Vehicles Sold
    Toyota May 2016 Sales Down 9.6% with 219,339 Vehicles Sold
    FCA May 2016 Sales Up 1.1% with 204,452 Vehicles Sold
    Honda May 2016 Sales Down 4.8% with 147,108 Vehicles Sold
    Nissan May 2016 Sales Down 1.0% with 133,496 Vehicles Sold
    Hyundai May 2016 Sales Up 11.6% with 71,006 Vehicles Sold
    Kia May 2016 Sales Up 0.8% with 62,926 Vehicles Sold
    Subaru May 20165 Sales Up 1.1% with 50,083 Vehicles Sold
    BMW May 2016 Sales Down 8.8% with 33,612 Vehicles Sold
    Mercedes-Benz May 2016 Sales Down 1.9% with 32,567 Vehicles Sold
    VW May 2016 Sales Down 17.2% with 28,779 Vehicles Sold
    Mazda May 2016 Sales Down 4.3% with 28,328 Vehicles Sold
    Audi May 2016 Sales Up 1.6% with 18,728 Vehicles Sold

    In May, BMW moved back ahead of Mercedes-Benz. Ford was just 4,453 units off of overtaking GM as the number one OEM in the U.S. sales tally and Mazda was just 451 vehicles from taking over VWs 12th position.

    The seasonally adjusted annual selling rate (SAAR) for light vehicles in May was approximately 17.0 million vehicles. Calendar-year-to-date, the light vehicle SAAR was 17.2 million vehicles.
     
  2. alster

    alster Well-Known Member

    To me the 2016 Malibu is one of the best looking cars out there. The 2016 Malibu Hybrid should be a winner. Hopefully soon
    we will see a complete review on it in cleanmpg.com.
     
    xcel likes this.
  3. xcel

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

    Hi Alster:

    Hopefully soon but the lack of the Malibu Hybrids has me concerned. I am finally getting into a new Cruze tomorrow and hopefully a Malibu/Malibu Hybrid before the end of summer.

    Wayne
     
  4. alster

    alster Well-Known Member

    Wayne that would be nice, but soon as our local dealer get a Malibu Hybrid I will take a test drive. There are many dealers out there right now in the U.S. as I type this that have the 2016 Malibu Hybrid on their lot and for sale. Sure would be interesting to see how many mpg's you can squeeze out of the Malibu Hybrid. Should be a piece of cake to get 60 mpg or so....
     
    Last edited: Jun 2, 2016
  5. xcel

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

    Hi Alster:

    Yup. We were discussing this in the Malibu Hybrid thread. No/few reviews yet they are on dealership lots all over the country. Saw one with more than $6k on the hood here in IL a few weeks back.

    Wayne
     
  6. xcel

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

    [​IMG] Cumulative year to date sales are 104,157, up 1.1 percent vs the 102,999 sold through the same period of 2015.

    May 2016 Canada Sales Highlights

    Retail sales of Chevrolet’s all new cars, the Spark, Malibu and Volt are up 154 percent for the month.

    Canadian Big 6 May 2016 Sales Results
    1. FCA – 31,724 vehicles sold in May, up 0.3%
    2. Ford – 29,400 vehicles sold in May, up 1.2%
    3. GM – 22,939 vehicles sold in May, down 16.4%
    4. Toyota – 22,158 vehicles sold in May, down 0.7%
    5. Honda – 18,753 vehicles sold in May, up 4.5%
    6. Nissan – 13,205 vehicles sold in May, up 1.7%
    Items of note: FCA regains the Canadian sales lead and Toyota is closing in on GM.
     

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