GM Announces November Sales Increase of 3 Percent

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Sales numbers come in slightly under estimates of 5.5%.
www.GMInsideNews.com
December 3, 2012
By: Nick Saporito

This morning General Motors announced their highest November sales number since 2007, spurred by a 3.3-percent increase over last year. Each of GM's four brands saw sales gains last month except for Chevrolet, which was off by 40 units over the previous year.

Buick saw a 22-percent sales gain in November, selling 13,289 units total. The brand's sales increase is owed to the Verano and Enclave. Enclave's gains are likely the result of availability of the redesigned 2013 model, and steeper discounts on the outgoing 2012 model.

Cadillac saw the largest sales gain of all four brands thanks to a sizable increase from the SRX and over 2,000 units of the ATS, which is still ramping up production.

Chevrolet was flat in November, though the brand's highest volume products did see sales gains. Equinox, Cruze and Sonic all saw respectable gains. Malibu sales were off just under 1-percent, continuing to validate the opinion that the all-new Malibu is not taking off in the market.

GMC's sales increase was credited almost entirely to the Terrain, which saw a 44-percent increase last month.

[Extreme4x4]

Terrain had very attractive leasing deals............ and still does. I see the commercials regularly.

[al2six]

The new trucks can't get here soon enough, and when they arrive I think it's judgment day. GM has been bleeding market share and if the new trucks can't stop that, then we have a SERIOUS problem.

[jzchev28]

Interesting that the Malibu's sales were that low last year as well... I'm not sure what to think about it just yet. Cruze and Sonic are looking pretty good, would like to see those numbers much higher on both though!

[jzchev28]

XTS seems to be moving right along, I'd like to see the ATS's numbers grow. Not a great month for the CTS but not really a shocker. However they sold 2 DTS's this month, wow! lol.

[Ed753]

Ouch ........................


Too many to list..............

looking for bright-spots.....

EDIT:

"Regal breaks eleven-hundred, Malibu breaks 10-thousand, and Volt +3.4% YOY"
Regal = 1,101
Malibu = 10,227
Volt = 1,519

So far Ford, Hyundai and Chrysler are out, much more robust YOY numbers.

[JBsZ06]

GM loaded truck inventory to support dealer sales during switch over to new trucks. Rest of the sales are impressive. 10k units for Malibu is ok...


Not great but it is what it is.

[bballr4567]

GM is still stuck in that replacement without replacement model mode it seems.

ATS and XTS are doing good. Why did the Cadillac large vehicles fall so much? Pretty much all the larger vehicles are down decently.


Camaro being down YOY is a little strange. Theta sales are still doing great. GM needs to study those vehicles and figure out what the hell they got right and apply it to the WHOLE lineup.

[Ed753]

GM loaded truck inventory to support dealer sales during switch over to new trucks. Rest of the sales are impressive. 10k units for Malibu is ok...


Not great but it is what it is.

GM Truck inventory is now at 139 days (+/- 6months!?) And considering some models had $13,000 off............ I might be buying my dad a truck soon.

10K for Malibu is horrendous, no 2 ways about it..............

This is not how GM wants to finish the year GM only outsold Ford by 8,832 units in November.

[bballr4567]

Whats a little more worrying is that the Ram P/U is within 6k units of the Silverado now. That is HUGE and scary for GM.

[jzchev28]

I really think Chevy needs more sport options in their line up other then 2 cars. I think all models should have a higher performance option. I really like the Cruze but a 140HP engine as your top option is pretty lame. I've driven the car and yes it moves decent, but for me it is lacking. There's no passion in a bare minimum engine in my book.

[smithb]

Interesting that the Malibu's sales were that low last year as well... I'm not sure what to think about it just yet.

I thought that too when I read that line. I wonder if sales are still being propped up with deeply discounted 2012's.

[JBsZ06]

Deliver a crappy product that's the result. The Malibu is a wall flower compared to the new fusion..I suggest it's the styling and not rear seat room. Grandpa might want the new malibu.

Gm needs Follow Sergio in cooling product up for success.

Sergio is moving chrysler dodge ram srt sales with more flash than substance in many ways..ie 200 etc and the exposure is minimal to create coolness in previously Stodgey design.

Buicks cadillacs got it but the Malibu is old school product process of checking all the right boxes but without passion...

GM Truck inventory is now at 139 days (+/- 6months!?) And considering some models had $13,000 off............ I might be buying my dad a truck soon.

10K for Malibu is horrendous, no 2 ways about it..............

This is not how GM wants to finish the year GM only outsold Ford by 14,564 units in November.

[Ed753]

I thought that too when I read that line. I wonder if sales are still being propped up with deeply discounted 2012's.

The 2012's are gone, and they FINALLY stopped making them, going forward sales are all 2013's. (now the question is, how many are they pushing to the rental companies, it doesn't appear they are selling the rental houses extra Impala's which would seem like the smart thing to do).

[MechEng]

Volt selling 1519 was a little lower than I expected but not suprising given that production was shut down for about a month and inventory is very low right now.

I see a lot of vehicles where production is quite a bit higher than sales. I know a few are new models and they are building inventory but there is a number of models were the trend looks troubling. (Regal, Malibu, GMT 900's).

When are the truck lines supposed to go down for re-tooling for the 2014's?