Saturday, September 1, 2007

GM Reports 375682 Deliveries In May

The General Motors Corp. delivered 375,682 vehicles in May in the United States and that amount is up by 0.7 percent as compared with year-ago monthly sales. On an unadjusted basis, sales rose by 8.8 percent. The automakers May retail sales of 279,731 were up 8.5 percent. Also, retail sales increased 12.8 percent compared with a year ago.

May sales reflected the strength of the automakers new product portfolio. Increased sales of the Chevrolet Impala, GMC Acadia, Saturn AURA, Saturn Outlook and the Buick Enclave mirror the companys strong positioning in the market for fuel-efficient and alternative fuel vehicles. Additionally, the Chevrolet Silverado and the GMC Sierra full-size pickup trucks became an instant success. The fuel efficient vehicles pushed GM's large pickup segment sales up ten percent in total and 14 percent retail compared with May in the previous year.

GM brands with significant increases for the month include Saturn which is up 59 percent, GMC 18 percent and the Pontiac with eight. Additionally, Chevrolet was again the sales leader in the industry with a five percent increase.

"Our May results were extremely positive as we saw strong total and retail sales increases. Our significant market share gains in full-size trucks and crossovers validates the decision we made to invest in industry-leading fuel economy in these important segments," said Mark LaNeve, the vice president for GM North American Sales, Service and Marketing.

LaNeve added, "We are particularly pleased with the Chevrolet Silverado and GMC Sierra pickups, which pushed our full-size truck sales up more than ten percent for the month. As with many of our vehicles, these great all-new trucks offer what the customer is looking for - best-in-class fuel economy, terrific performance and tremendous value. And our newest entry to the crossover segment, the Buick Enclave, is performing ahead of our expectations. Dealers are selling them as soon as they arrive from the plant. Our mid-size crossover segment performance, including the GMC Acadia and Saturn Outlook, continues to grow at a blistering pace."

The product rebirth at Saturn continued to gain momentum with total sales increasing almost 69 percent compared with a year ago, stressing the warm public acceptance of the new lineup of Saturn vehicles including Sky, Aura and Aura Hybrid, Outlook, Vue and Vue Hybrid. Saturn's Ion small car is soon to be replaced with the popular Astra. This year, Saturn is the fastest growing brand in the industry.

The Buick Lucerne; Chevrolet Avalanche, Aveo, Cobalt, HHR, Impala, Malibu, Silverado, and Suburban; Cadillac SRX, Escalade ESV and Escalade EXT; HUMMER H3; Pontiac G6 and Solstice; Saturn Sky and Vue; Saab 9-3; GMC Sierra; and Yukon XL all had May retail sales increases compared with a year ago. GMC Acadia, Pontiac G5, Saturn Aura and Outlook, and the Buick Enclave are newly offered products and continue to contribute retail sales momentum.

The GMC Acadia, Saturn Outlook and the Buick Enclave had retail sales of more than 12,800 vehicles thus pushing a significant retail increase in GM's mid-crossover segment as if powered by Accel plugs. The automakers total sales of more than 16,600 vehicles in this segment pushed monthly performance up more than 211 percent, compared with the same month last year.

"We're seeing positive results, including increased residual values for our products, as a result of staying aligned and disciplined to our North American turnaround and market growth plans. For customers, this means providing industry-leading products in terms of design, segment fuel economy, warranty coverage and performance," LaNeve added. "This translates to a beneficial cost of ownership experience. With new products such as the Cadillac CTS and Chevrolet Malibu coming to dealer showrooms later this year, we expect to build on this customer enthusiasm."




Source: http://cg-congoamttsjisdn.blogspot.com/2007/08/gm-reports-375682-deliveries-in-may.html

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