Showing posts with label GMC. Show all posts
Showing posts with label GMC. Show all posts

Friday, 16 October 2015

!NEW! GM Sold 7.2 Million Vehicles in the First Nine Months of 2015


General Motors Co. (NYSE: GM) sold 7.2 million vehicles globally in the first nine months of 2015. The company posted sales increases in four of its five largest markets, with record sales in China and strong retail sales gains in the United States. Total sales were down 1 percent, due primarily to the company’s previously announced decisions to strategically reduce its presence in certain markets, as well as difficult market conditions in South America.

“Our unwavering focus on the customer is paying off in our largest and most important markets as we execute one successful launch after another in the right segments,” said GM President Dan Ammann. “At the same time, we have reacted quickly to challenging macroeconomic environments in other markets and have shown the discipline to exit situations where we see no long-term path to acceptable returns.”
Examples of GM’s recent success include:

  • GM truck sales in North America were up 16 percent in the first nine months of 2015, driven by a 17 percent increase in Chevrolet truck deliveries in the United States.
  • Chevrolet had record crossover sales in North America in the same period, up 17 percent year over year.
  • In China, crossovers like the Chevrolet Trax and Buick Envision represented more than 17 percent of sales by GM and its joint ventures in September, up from 6 percent a year ago.
  • Cadillac had record sales in China with deliveries rising 12 percent to nearly 57,000 units.

GM is preparing to launch even more new trucks and crossovers during the next several months, including the all-new Cadillac XT5, a redesigned Chevrolet Silverado and a diesel-powered Chevrolet Colorado for North America, and the Baojun 560 in China. Key car launches include the all-new Chevrolet Malibu and Cruze in North America and the all-new Opel Astra in Europe.

Additional Highlights (vs. 2014)

First Nine Months 
  • In the United States, Chevrolet has reported six consecutive months of retail sales and market share gains and has strategically reduced sales to rental companies by more than 50,000 units through September.
  • Opel / Vauxhall increased its European market share and grew sales in 19 countries, including Italy, Spain, France, the U.K. and Germany.
  • Buick had record deliveries in China, with sales up 4 percent to nearly 670,000 units.
  • Baojun had record sales, with deliveries rising 236 percent to more than 270,000 units.
  • GMC’s global sales increased 11 percent, and four of the brand’s SUVs and pickup trucks – the Yukon, Yukon XL, Sierra and Canyon – have the highest average transaction prices of any vehicles in their respective segments in the United States, according to J.D. Power PIN estimates.

Third Quarter
  • Among GM’s largest markets, sales rose in the United States, the U.K. and Canada.
  • Opel / Vauxhall, Buick, Cadillac, GMC and Baojun all reported higher sales.
  • Chevrolet had record crossover sales in the United States, up 24 percent, while Chevrolet U.S. truck sales increased 16 percent.
  • Deliveries in South Korea were up 11 percent to record of nearly 43,000 units.
  • Global sales were down 3 percent.  

GM Global Sales: January - September 2015

Calendar Year-to-Date
Region Total  Sales YOY Change Pct. Change Total  Sales YOY Change Pct. Change
GM North America 930,758 46,110 5.2% 2,685,342 126,257 4.9%
GM Europe 287,690 3,137 1.1% 898,236 (60,131) (6.3%)
GM South America 150,142 (66,956) (30.8%) 485,557 (156,749) (24.4%)
GM International 191,847 (21,928) (10.3%) 589,854 (41,525) (6.6%)
GM China ** 773,226 (33,902) (4.2%) 2,492,428 38,215 1.6%
Total 2,333,663 (73,539) (3.1%) 7,151,417 (93,933) (1.3%)

Quarter 3
Calendar Year-to-Date
Sales by Brand **
Total  Sales YOY Change Pct. Change Total  Sales YOY Change Pct. Change
Chevrolet
1,078,847
(112,998) (9.5%)
3,291,133
(252,280) (7.1%)
Opel/Vauxhall
272,619
14,007 5.4%
864,338
31,256 3.8%
Buick
300,335
10,858 3.8%
852,289
21,635 2.6%
Cadillac
67,895
997 1.5%
198,993
6,228 3.2%
GMC
176,222
11,100 6.7%
499,343
48,933 10.9%
Baojun
110,977
69,395 166.9%
270,488
189,857 235.5%
Wuling
286,155
(55,358) (16.2%)
1,050,327
(100,110) (8.7%)
All Others
40,613
(11,540) (22.1%)
124,506
(39,452) (24.1%)
Total
2,333,663
(73,539) (3.1%)
7,151,417
(93,933) (1.3%)

Notes:
GM North America = United States, Canada, Mexico, and other North American markets*
GM Europe = Western, Central and Eastern Europe
GM International = Asia-Pacific, Africa and the Middle East*
** Includes China retail sales
* Cuba, Iran, North Korea, Syria and Sudan are excluded from sales volume calculations

Thursday, 30 July 2015

!NEW! OnStar Reaches 1 Billion Customer Interactions

  • Successful around the world: Your personal connectivity and service assistant
  • 24/7 365 days a year: Customers contact OnStar via phone, mobile app, vehicle
  • Pole position: Astra first completely new Opel model with OnStar 



OnStar has fielded more than 1 billion request from customers, who interact by phone, mobile app or embedded cellular service in their cars and trucks. Launched nearly 19 years ago as an industry-first service that would place a call from the vehicle when an air bag deployed, OnStar today remotely unlocks doors, loads driving directions directly to the vehicle, compiles and sends emails on vehicle health.

A customer contacts OnStar every two seconds. That adds up to about 5 million calls a month from its subscriber base of more than 7 million. Add 8.8 million interactions a month from the mobile app and you can see how indispensable OnStar has become since launching in 1996.

“OnStar created the original connected car in 1996 and today remains at the forefront of innovation through the services offered in Chevrolet, Buick, GMC, Cadillac and soon, Opel vehicles around the globe,” said Alicia Boler-Davis, senior vice president, General Motors Global Connected Customer Experience. “The pace at which the brand has reached 1 billion interactions shows the vast customer demand for vehicle connectivity and there’s no doubt our second billion interactions will come even quicker.”

The Opel/Vauxhall OnStar connectivity and service assistant will be launched in Europe on August 3, 2015.

The new generation of the Opel Astra, which will celebrate its debut at the International Motor Show in Frankfurt (September 17 to 27), will be the first completely new Opel model to be available with OnStar. The system can also be ordered for ADAM, Cascada, Corsa, Insignia, Meriva, Mokka and Zafira Tourer in certain markets. The first introduction wave will see Opel OnStar being rolled out in 13 European markets, those being Belgium, Germany, France, the United Kingdom, Ireland, Italy, Luxembourg, the Netherlands, Austria, Poland, Portugal, Switzerland and Spain, with additional countries following later. Customers will be able to use the entire service portfolio provided by Opel OnStar including the 24-hour Emergency Call Service free of charge for the first 12 months after registration.

Smartphone owners will be able to connect to their vehicle remotely with a Smartphone App. In addition, Opel OnStar will assist vehicle owners and police alike in case a vehicle with the system is stolen.

Opel OnStar can also provide subscribers with a monthly Vehicle Diagnostics email with the most important vehicle data and information. Furthermore, a diagnostics check can be requested at any time at the push of a button, thus providing peace of mind before setting off on a longer journey.

Opel OnStar subscribers in Europe will be in complete control of their data and the Opel OnStar services they receive. Before the services are activated they will have to agree to the terms and conditions. Furthermore, they will be able to choose whether they want to reveal their current location – at a push of the Privacy Button their position will be masked.

By the numbers, here is what 1 billion interactions looks like:
  • 5.5 million Emergency Services delivered.
  • 156 million mobile app requests.
  • Delivered Roadside Assistance more than 3.9 million times.
  • More than 390 million Vehicle Diagnostic reports delivered.
Before becoming known as OnStar, the original name for the service was Project Beacon. Its goal was integrating wireless communication into vehicles, years before mass adoption of smartphones.

In the fall of 1996, OnStar debuted in the Cadillac DeVille, Seville and Eldorado. The service initially offered Airbag Deployment Notifications, the core of OnStar’s safety and security premise, which progressed into Automatic Crash Response that uses sensors capable of determining the severity of a crash impact and alerting an OnStar emergency advisor to assist. OnStar today responds to more than 100,000 emergency calls every month. 

Tuesday, 26 May 2015

!NEW! GM Powertrain Europe creating additional jobs and bringing more high-tech equipment to Turin

Dan Ammann, General Motors President visits GMPT-E site, celebrating 10th anniversary


To mark the 10th anniversary of the foundation of GM Powertrain Europe Turin, GM President Dan Ammann (right) visited the engineering site and announced plans to strengthen the collaboration with the Politecnico di Torino. He was welcomed by Pierpaolo Antonioli, GMPT-E Managing Director.
To mark the 10th anniversary of the foundation of GM Powertrain Europe Turin, GM President Dan Ammann visited the engineering site and announced plans to strengthen the collaboration with the Politecnico di Torino, further expanding the engineering development center.

The letter of intent signed today with the Politecnico and the Regione Piemonte reinforces the research collaboration with the university through the growth of projects carried out by Politecnico and GMPT-E Turin as well as a project for the expansion of the area of GMPT-E in the campus of Politecnico named “Cittadella Politecnica”. The new area will measure approximately 2,500 square meters and construction is expected to start at the beginning of 2016. This new building will be fully dedicated to highly specialized labs, offices and powerful computational machines.

GM Powertrain Europe Turin announced plans to strengthen the collaboration with the Politechnico di Torino. From left: GMPT-E Managing Director Pierpaolo Antonioli, GM President Dan Ammann, Vice President Global Powertrain Dan Nicholson and Vice President Powertrain Europe Christian Müller.
Founded in 2005, GM Powertrain Europe is the center of innovation and development for diesel engines and related electronic control of GM globally and designs propulsion systems for Opel/Vauxhall, Chevrolet, and other GM brands. From design to the study of virtual components or tests on the engine benches – everything takes place in the laboratories and test cells of GM Powertrain Europe in Turin.

The site has grown rapidly since its foundation a decade ago: from a temporary office in 2005 to a state-of-the-art facility in the Politecnico campus. The workforce has also grown from the initial 60 people to approximately 650, expressing a highly qualified and international employment with more than 15 nationalities represented, mostly engineers. In 2015, GM plans to create an additional 60 jobs.  

With its state-of-the-art equipment, GM Powertrain Europe Turin represents a strategic asset for GM globally. In Europe, the engineering center provides Opel vehicles with premium diesel technology, like the 1.6 CDTI engine, the quietest diesel in its class that has earned the nickname ‘Whisper Diesel’.


In North America, GMC Canyon and Chevrolet Colorado will be equipped with the new 2.8 liter diesel engine starting from the second half of 2015. These will be the only diesel in the midsize segment, promising excellent fuel economy and torque for maximum towing capability. Diesel engines of the future which are designed in Turin all share common characteristics: high-tech solutions offering moderate fuel consumption and CO2 emissions also thanks to the control system that is completely developed in-house.

“The Turin engineering center and our entire team here plays an important role in our efforts to lead the industry in product and technology” said Ammann. “The team has developed world-class modern diesel engines providing our customers with outstanding performance and efficiency in a fun-to-drive experience.”

“The growth of GMPT-E has demonstrated the importance of the relationship between the industry and the academia. A full generation of young and brilliant engineers took the opportunity to build their future and their career in one of the largest automotive companies. Their energy and strength helped GM to develop a solid diesel line up,” added Pierpaolo Antonioli, GMPT-E Managing Director.

Tuesday, 21 April 2015

!NEW! GM Sold 2.4 Million Vehicles Globally in First Quarter

General Motors Co. (NYSE: GM) sold 2.4 million vehicles globally in the first quarter of 2015, up 2 percent compared to a year ago. Sales in China increased 9 percent and deliveries in North America were up 6 percent. Opel/Vauxhall increased its sales by 3 percent in Europe.

General Motors sold 2.4 million vehicles globally in the first quarter of 2015, up 2 percent compared to a year ago.

“The momentum our brands are building in China, the U.S. and Western Europe more than offset difficult conditions in some other large markets like Russia and Brazil,” said GM CEO Mary Barra.

“We are in the early days of a very aggressive onslaught of new products and customer-driven innovation,” she said. “Already, the Chevrolet Trax and Colorado are redefining segments in the United States, Cadillac is growing rapidly in China and establishing a new formula for prestige sedans with the CT6 and Opel’s revitalization is accelerating across Europe. At the same time, we are deploying OnStar with 4G LTE in North America, Europe and China to give our customers the best connectivity experience in the industry.” 

Other first quarter global sales highlights:
  • Cadillac was up 2.5 percent, driven by a 23-percent increase in China.
  • Opel/Vauxhall’s sales increase outpaced the European region’s growth by 0.2 percentage points.
  • Buick was up 8 percent.
  • GMC was up 15 percent, for its best first quarter sales since 2005.
  • Chevrolet deliveries in the United States increased 5 percent on the strength of a 19 percent increase in crossover deliveries and a 31 percent increase in truck sales. Deliveries in China were up 7 percent.

In prior quarters, GM reported wholesale deliveries in China, which are vehicles sold to dealers. Beginning this quarter, GM is reporting deliveries to customers.  

Wednesday, 18 February 2015

!NEW! Italian Prime Minister Matteo Renzi visits GM Powertrain Europe

Italian Prime Minister Matteo Renzi today visited the GM Powertrain Europe engineering center in Turin to get an in-depth insight into the latest diesel powertrain innovations. Dr. Karl-Thomas Neumann, Opel Group CEO and General Motors Executive Vice President & President Europe, and Pierpaolo Antonioli, CEO of GMPT-E, informed the Italian Prime Minister about the company’s strategies for further reducing fuel consumption and CO2 emissions. Part of the agenda was a visit of a climatic test-cell as well as the Hardware-in-the-Loop Laboratory, and participation in an All-Employee-Meeting.

Italian Prime Minister Matteo Renzi participated in an all-employee-meeting during his visit to the GM Powertrain Europe engineering center in Turin.
GM Powertrain Europe is the only center of innovation and development for diesel engines and related electronic control of GM globally and designs propulsion systems for Opel, Chevrolet, GMC and Buick. From design to the study of virtual components or tests on the engine benches – everything takes place in the laboratories and test cells of GM Powertrain Europe in Turin.

Prime Minister Matteo Renzi additionally visited one highly dynamic test bench for testing emissions achieved through an investment of 60 million euro. He also met some young engineers for discussions.

With its state-of-the-art equipment, GM Powertrain Europe Turin represents a strategic asset for GM globally. In Europe, the engineering center provides Opel vehicles with premium diesel technology, like the 1.6 CDTI engine, the quietest diesel in its class that has earned the nickname ‘Whisper Diesel’. Diesel engines of the future which are designed in Turin all share common characteristics: high-tech solutions offering moderate fuel consumption and CO2 emissions.


“The Turin engineering center and the people working here play an important role in our product offensive. We will bring 27 new models and 17 new engines to the market by 2018. Diesel-powered cars account for more than half the market in Europe, and the engines we develop in Turin meet the highest customer expectations for durability, efficiency and performance”, said Dr. Karl-Thomas Neumann.

Prime Minister Matteo Renzi, Opel Group President Dr. Karl- Thomas Neumann and CEO of E-GMPT Pierpaolo Antonioli visit Center GMPT-E of Turin
In ten years, GM Powertrain Europe has seen its workforce grow annually by 25 percent, making the center one of the most important employers in the region. To date, the company has approximately 650, highly qualified employees, with an average age of 35 years.

“GM Powertrain Europe has helped to create a generation of technicians and highly qualified managers with international potential. It also generates supply contracts to local companies and engineering services with a volume of more than 170 million euro every year. We are becoming a magnet for other companies that see in us a real opportunity for growth in the area”, Pierpaolo Antonioli said.

Wednesday, 15 October 2014

!NEW! GM Delivers its Best Third Quarter Global Sales Since 1980

  • Chevrolet up 9 percent in North America 
  • Cadillac up 63 percent in China
  • Buick global sales up 7 percent


General Motors Co. (NYSE: GM) sold 2,449,595 vehicles around the world in the third quarter of 2014, up 2 percent compared with a year ago. It was the company’s best third quarter since 1980. In the first nine months of 2014, GM sold 7,371,743 vehicles, up 2 percent.

Third quarter sales in the United States and China, the company’s two largest markets, were up 8 percent and 14 percent, respectively. Year to date, sales in the United States and China were up 4 percent and 12 percent, respectively.

GM is on track to surpass sales of 3 million vehicles in China for the second consecutive year and the company expects to top last year’s record sales of 3.16 million vehicles. During September, GM’s cumulative sales in China surpassed 20 million vehicles.

“GM delivered its best third quarter global sales in 34 years thanks to solid growth in the United States and China, and steady improvement in Opel’s market share,” said GM CEO Mary Barra. “We have launches now underway, including the Chevrolet Colorado and GMC Canyon in North America, the Opel/Vauxhall Corsa in Europe, and the Buick Envision and Cadillac ATS-L in China, that will keep our momentum going.”

Highlights (vs. 2013)

  • Chevrolet had record sales in China in the third quarter, up 13 percent to 169,830 units. For the first nine months of year, the brand is up 7 percent to a record 505,316 units. September was Chevrolet’s best month ever in China.
  • Calendar year to date, Chevrolet sales in South Korea are at record levels.
  • The success of the new Chevrolet Silverado and GMC Sierra helped GM increase its estimated share of the U.S. retail market for large pickups from 35.8 percent in the first quarter of 2014 to 37.4 percent in the second quarter and 37.9 percent in the third quarter.
  • Buick’s global sales were up 7 percent in the third quarter to 284,540 units and they are up 11 percent calendar year to date to 858,046 units, driven by strong growth in the United States and China. Buick’s China sales were up 8 percent in the quarter to 220,578 units and they were up 11 percent to 670,999 units in the first nine months of the year. 
  • In China, combined, sales of small SUVs – the Buick Encore, Chevrolet Trax and Captiva – were up 90 percent in the third quarter. In the United States, the Buick Encore has been the best-selling vehicle in its segment for six months in a row. The Chevrolet Trax will launch in the United States in early 2015.
  • Cadillac’s global sales were up 4 percent in the third quarter and they are up 9 percent year to date, driven by strong growth in China. Cadillac’s China sales were up 48 percent in the quarter to 18,665 units and they were up 63 percent to 52,425 units in the first nine months of the year.
  • Opel/Vauxhall gained market share in 11 European countries in the first nine months of this year, including Germany, where the brand earned 7 percent of the market, up 0.3 points.                                       

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. 

Friday, 18 July 2014

!NEW! General Motors Delivered 2.5 Million Vehicles Globally in Q2

General Motors Co. (NYSE: GM) sold 2,505,889 vehicles around the world in the second quarter of 2014, with year-over-year sales in the United States and China up 7 percent and 8 percent, respectively. Total sales were up one-half percent in the second quarter. In the first half, GM sold 4,921,928 vehicles, up 1.4 percent.


“GM did well in the world’s two largest and most profitable vehicle markets and that helped us grow despite very challenging market conditions in parts of South America, Asia and Eastern Europe,” said GM CEO Mary Barra. “We are investing in our brands around the world to keep our momentum going, and that includes growing Cadillac in China, launching a total of 27 new Opel models between 2014 and 2018 and entering new segments in North America with vehicles like the Chevrolet Colorado and GMC Canyon.”

Highlights (vs. 2013)
  • Chevrolet had record sales in China in the first half of 2014 and the strong performance of the brand’s new full-size pickups and large SUVs in North America helped GM achieve record average transaction prices in both the second quarter and first half.
  • Buick, which celebrated the best sales year in the brand’s 110-year history in 2013, posted an 11 percent increase in the quarter and it is up 12 percent year to date. Buick global sales in the first six months of 2014 are 152 percent higher than they were just six years ago, growth that has outpaced all major American, European, Japanese and Korean makes.
  • Cadillac’s global sales were up 14 percent in the quarter, including a 51 percent increase in China. Calendar year to date, deliveries were up 12 percent, driven by a 72 percent increase in China sales.
  • Opel/Vauxhall sales increased 3 percent in the second quarter. Sales were up 4 percent in the first half and Opel gained share in 11 European markets. In addition, the Mokka was the best-selling SUV in the first six months of the year in Germany.


                      GM Delivieries Q2-2014.xlsx

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services.

Tuesday, 3 June 2014

!NEW! GM Reports Best Monthly Sales Since August 2008

May total sales up 13 percent; retail sales up 10 percent


General Motors Co. (NYSE: GM) dealers delivered 284,694 vehicles in the United States in May, up 13 percent compared to a year ago, marking the company’s best May in seven years and its best total sales since August 2008. Retail sales – vehicles sold to individual buyers – were up 10 percent while fleet sales were up 21 percent. GM expects to increase its total market share year over year.

“The momentum we generated in April carried into May, with all four brands performing well in a growing economy and 17 vehicle lines posting double-digit retail sales increases or better,” said Kurt McNeil, U.S. vice president of Sales Operations.


For the month, Chevrolet sales were up 14 percent in total, driven by a 26 percent increase in car deliveries. Buick sales were also very strong, with deliveries up 11 percent in total and 10 percent on a retail basis. Buick had its best May total and retail since 2005. Both Cadillac and GMC had their best May total and retail sales since 2007.

May Sales Highlights (vs. 2013 except as noted)
  • The seasonally adjusted annual selling rate (SAAR) for light vehicles was an estimated 16.5 million units – the third consecutive month above 16 million.
  • Cruze was up 41 percent. Chevrolet Corvette deliveries were up 268 percent, Spark sales doubled, Camaro was up 30 percent and Impala was up 23 percent.  Malibu retail sales were up 12 percent.
  • Retail sales of Chevrolet and GMC large SUVs doubled, while retail sales of the Chevrolet Equinox and GMC Terrain were up 16 percent and 13 percent, respectively.
  • Chevrolet Silverado and GMC Sierra sales were up for the third month in a row, with May deliveries up 8 percent and 14 percent, respectively.
  • At Cadillac, sales of the CTS sedan were up 39 percent and Escalade deliveries were up 30 percent. SRX sales were up 27 percent, for the vehicle line’s best May ever.
  • Buick Encore deliveries more than doubled and Regal sales were up 49 percent.
  • GM’s average transaction prices (ATPs), including full-size pickup ATPs, were in line with April. Calendar year to date, GM’s ATPs are up about $2,700.  
  • Incentive spending as a percentage of average transaction price was 10.4 percent, down 0.5 points from a year ago, according to J.D. Power PIN estimates. The industry average for May was 9.9 percent.  
  • Commercial fleet sales were up 21 percent for the seventh consecutive monthly increase and the best month since September 2008. Within commercial fleet, full-size van sales were up 46 percent and full-size pickups were up 35 percent.
  • Small business deliveries, which are included in retail sales, were up 10 percent.

GM’s fleet deliveries in May exceeded expectations due to the timing of rental customer deliveries, and May will likely represent the company’s highest fleet volume month of 2014. Last year, June was GM’s highest volume fleet month. As a result, GM expects that June 2014 year-over-year fleet sales will be down sharply.

Wednesday, 2 April 2014

!NEW! GM’s Retail Sales up 7 percent, Outpacing Industry

Average transaction prices hit record $34,000; incentives down during month


General Motors Co. (NYSE: GM) dealers delivered 256,047 vehicles in the United States in March 2014. Total sales were up 4 percent compared with a year ago. Retail sales were up 7 percent and GM gained retail market share.

Fleet sales were down 5 percent due to a planned reduction in rental deliveries. However, commercial fleet sales were up 5 percent for the fifth consecutive monthly increase.

“GM’s retail sales, like the weather and the economy as a whole, have been on an improving trend since early February,” said Kurt McNeil, U.S. vice president of Sales Operations. “We expect to see solid economic growth in the months ahead, with the job market, household income and consumer spending all showing positive signs. It is a strong backdrop for the launch of our all-new heavy-duty pickups, large SUVs and other new products, like the Cadillac ATS coupe coming this summer. 

“Our dealers continue to work hard to exceed people’s expectations for customer care, whether they are shopping for one of our award-winning new products or coming in to have their vehicle serviced,” he said

March Retail Sales Highlights (vs. 2013)

  • Deliveries of the Chevrolet Silverado, the 2014 North American Truck of the Year, were up 14 percent and the GMC Sierra was up 23 percent. 
  • During the month, Vincentric, which uses a proprietary model to measure cost of ownership attributes including depreciation, fuel, insurance, maintenance and repair costs, said the Chevrolet Silverado family has the lowest cost among full-size pickups.
  • Deliveries of Chevrolet passenger cars were up 10 percent. The Spark was up 17 percent; Sonic was up 20 percent; the Volt was up 7 percent; the Impala was up 103 percent; and the Corvette, the 2014 North American Car of the Year, was up 221 percent.
  • Deliveries of the Cadillac SRX were up 37 percent. In addition, the CTS family was up 11 percent on the strength of the new 2014 CTS sedan, which is the 2014 Motor Trend Car of the Year.
  • Sales of the Buick Regal were up 52 percent and the Encore was up 71 percent.
  • Sales of large SUVs were up 62 percent, with availability of the all-new 2015 models building, per plan.
  • GM’s incentives as a percentage of average transaction prices, or ATPs, were 10 percent compared with 10.3 percent for the industry, according to J.D. Power PIN estimates through March 23. That is down from February and year over year.
  • GM’s ATPs set a new record of about $34,000, up about $2,000 per unit from February and more than $3,800 from a year ago, according to J.D. Power PIN estimates.                                                               
GM delayed this release for several hours due to a computer systems issue that impacted dealer sales reporting. These results reflect sales reported through GM’s primary and backup dealer systems and we believe they accurately reflect March sales, although it is possible that a few hundred March deliveries may be reported in April.