GM May Sales Down 16%

[findthisfunny]

http://media.gm.com/servlet/GatewayS...74&docid=26343

FOR RELEASE: 2006-06-01

GM Delivers 345,157 Vehicles In May

DETROIT - General Motors dealers in the United States sold 345,157 new cars and trucks in May, down 16 percent compared to year-ago levels, reflecting continued strategic reductions in incentives and daily rentals, which were down 28 percent.

Total car sales were down 19 percent, and truck sales were down 13 percent. While high gas prices continue to have some impact, consumers have responded favorably to GM's new products, particularly the all-new 2007 Chevy Tahoe (11,689 sales), Avalanche (1,692) and Suburban (5,128), GMC Yukon/Yukon XL (7,965) and Cadillac Escalade (2,945) and Escalade ESV (1,097), resulting in a combined 41 percent sales increase compared to April.

"The overall industry in May was dampened by rising fuel prices and interest rates. GM is actively addressing consumers' concerns with its segment-leading fuel economy and a pilot program like the 'Fuel Price Protection Program,' which helps consumers battle the uncertainty of gas price fluctuations," said Mark LaNeve, General Motors North America vice president, Vehicle Sales, Service and Marketing.

A very encouraging trend was the continued success of GM's new vehicles. LaNeve explained, "Our launch vehicles continue to post strong sales results, as evidenced by the sales gains of our all-new full-size utilities and strong retail sales of important new products including the Chevrolet Impala, HHR and Cobalt, Buick Lucerne, Pontiac G6 and Torrent." LaNeve added, "Our May sales volume was not where we need it to be. It clearly was impacted by our reduced reliance on daily rental sales and broad-based incentive programs to drive the business."

"Our customers have told us that success in the marketplace depends on a combination of great new products, strong brands and segment-leading fuel economy, and that is exactly the turnaround strategy we are executing," LaNeve said.

GM's luxury utilities posted strong sales in May, up 34 percent compared to year-ago levels. H3 sales led HUMMER to its thirteenth consecutive month of year-over-year sales increases. Total HUMMER sales were up 53 percent. Cadillac Escalade sales rose 50 percent in May, paced by continuing brisk demand for the all-new 2007 model. Cadillac Escalade ESV sales started strong with 1,097 sold.

The newest additions to GM's small utility lineup, Chevrolet HHR and Pontiac Torrent, helped push total small utility sales up 34 percent.

GM sports cars also posted solid May sales results, with a 44 percent improvement compared to year-ago levels. Corvette led the lineup with a 3.5 percent increase with 3,317 deliveries. Pontiac Solstice and Saturn Sky are selling briskly, with Solstice remaining on dealers' lots an average of 13 days and Sky remaining on lots 2 days.

Total sales of all GM launch vehicles were up 12.5 percent compared to April and accounted for 24 percent of GM's total deliveries for the month. The success of GM's launch vehicles is another critical component of GM's North America restructuring plan.

GM will continue to introduce an array of new vehicles throughout 2006, including the all-new Chevrolet Silverado and GMC Sierra full-size pickups, the fuel-efficient Saturn Vue Green Line Hybrid to be introduced this fall, and GMC Acadia and Saturn Outlook crossovers coming late this year.

Certified Used Vehicles

May sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Used Cars from Saturn, Saab Certified Pre-Owned Vehicles and HUMMER Certified Pre-Owned Vehicles, were 44,522 units, up 12 percent from last May. Total year-to-date certified GM sales are 220,097 units, up 2 percent from the same period last year.

GM Certified Used Vehicles, the industry's top-selling manufacturer-certified used brand, posted 38,471 sales, up 15 percent from last May. Year-to-date sales for GM Certified Used Vehicles are 191,523 units, up 4 percent from the same period in 2005.

Cadillac Certified Pre-Owned Vehicles posted 3,316 sales in May, up nearly 6 percent from last May. Used Cars from Saturn sold 1,845 units, down 17 percent. Saab Certified Pre-Owned Vehicles sold 801 units, down nearly 13 percent. In its fifth month of operation, HUMMER Certified Pre-Owned sold 89 units.

"May proved to be another terrific month for GM Certified Used Vehicles sales, increasing 15 percent over May 2005, marking the third consecutive month of double-digit sales increases," LaNeve said. "With sales of 38,471 units in May, GM Certified Used Vehicles, the industry's top-selling certified brand, continues to lead the certified segment and is on track to set another all-time sales record for the category."

GM North America Reports May Production, 2006 Second-Quarter Production Forecast Revised, and 2006 Third-Quarter Production Forecast Set

In May, GM North America produced 425,000 vehicles (154,000 cars and 271,000 trucks). This is up 17,000 units or 4 percent compared to May 2005 when the region produced 408,000 vehicles (150,000 cars and 258,000 trucks). Production totals include joint venture production of 23,000 vehicles in May 2006 and 21,000 vehicles in May 2005.

The region's 2006 second-quarter production forecast is revised at 1.225 million vehicles (455,000 cars and 770,000 trucks), up 25,000 units from last month's guidance. In the second quarter of 2005 the region produced 1.247 million vehicles (458,000 cars and 789,000 trucks). Additionally, the region's initial 2006 third-quarter production forecast is set at 1.05 million vehicles (400,000 cars and 650,000 trucks), down 8.4 percent from third quarter 2005 actuals.



http://media.gm.com/servlet/GatewayS...74&docid=26343

[sigma]

Could someone get the sales results on the ticker?

[69Firebird400]

Beat me to it by four minutes!

The GMT-900 SUVs are doing great! How about that Escalade?? Up 50%! The Corvette sales increase is probably only because they are making as many as they can sell. The stat about the Sky lasting 2 days on dealer lots is incredible as well.

When you look at the detail of the numbers, LaCrosse isn't looking too great (-26%), nor is STS (-38%), XLR (-27%), Malibu (-40%), Grand Prix (-33%), Vibe (-26%), Colorado (-26%), Canyon (-35%), H2 (-37%), or Relay (-67%).

They tout how well the "launch vehicles" have done - well, this should be a lesson to them. If they built all of their cars as attractive and desirable as the HHR, Solstice, Sky, H3, Tahoe, Suburban, Escalade, and Yukon, maybe we wouldn't have to suffer through sales results like this. Next month is going to get really ugly when they have to compare to the Employee Pricing for Everyone sales from last year. Sales were up 40% last year in the beginning of that promotion - they'll probably be down more than that
margin this year.

[GM_Fanatic]

Rentals down 28%!!

Schnicky! Will you check out the Lucerne sales! 7,311!

Impala pushing over 20,000 and G6 pushing 10,000! (with fleet sales down consistently over the last few months, mind you)

....ya...not a whole lot to be excited about, but I tried to find the bright spots. Overall the huge drop in Rentals explains a lot...and the Silverado/Sierra being in their final strides.

[Minnow101]

"While high gas prices continue to have some impact, consumers have responded favorably to GM's new products, particularly the all-new 2007 Chevy Tahoe (11,689 sales), Avalanche (1,692) and Suburban (5,128), GMC Yukon/Yukon XL (7,965) and Cadillac Escalade (2,945) and Escalade ESV (1,097), resulting in a combined 41 percent sales increase compared to April".


So then if I'm intrepreting this correctly then, the Avalanche sold 1,692 copies last month and if you multiply that by 12(months) you get 20,304 units for the year(I realize some months may be better than others). That is nothing to be proud of. Hell, that almost qualifies that as a niche vehicle.

[johnny smallblock]

This month compared to this month a year ago is a useless stat. Wasn't the Employee Discount thing starting up this time last year?!?

[TaHoE]

Ouch...well, don't expect it to get much better compared to the "Fire Sale" that happened last year.

[vdoh182]

I think avalanches are still being sent out. STS and Malibu need help, as do the small pickups.

[K-1]

Originally Posted by johnny smallblock

This month compared to this month a year ago is a useless stat. Wasn't the Employee Discount thing starting up this time last year?!?

Which is what finally broke the year-over-year sales gains for the VUE. This is useless comparing to last year's numbers.

[vanshmack]

Originally Posted by Minnow101

"While high gas prices continue to have some impact, consumers have responded favorably to GM's new products, particularly the all-new 2007 Chevy Tahoe (11,689 sales), Avalanche (1,692) and Suburban (5,128), GMC Yukon/Yukon XL (7,965) and Cadillac Escalade (2,945) and Escalade ESV (1,097), resulting in a combined 41 percent sales increase compared to April".


So then if I'm intrepreting this correctly then, the Avalanche sold 1,692 copies last month and if you multiply that by 12(months) you get 20,304 units for the year(I realize some months may be better than others). That is nothing to be proud of. Hell, that almost qualifies that as a niche vehicle.

Avalanche production is just now ramping up...Give it some time, as it's onlly been on dealer lots for a couple of weeks!

[61BelAir]

So then if I'm intrepreting this correctly then, the Avalanche sold 1,692 copies last month and if you multiply that by 12(months) you get 20,304 units for the year(I realize some months may be better than others). That is nothing to be proud of. Hell, that almost qualifies that as a niche vehicle.




[/quote]

If you combine sales accross all brand lines for the GMT900 SUV's, then, thats over 30,000 vehicles for one month. 1692 Avalanches may not be that much but I doubt there are many on dealer lots at this time.

[MNdudeswitz]

# # #

May

Calendar Year-to-Date
January - May

Curr S/D:25
Prev S/D:24

2006

2005

% Chg
per S/D

2006

2005

%Chg

Vehicle Total

345,157

393,197

-15.7

1,653,484

1,794,278

-7.8

Car Total

129,905

154,726

-19.4

645,465

743,620

-13.2

Truck Total

215,252

238,471

-13.3

1,008,019

1,050,658

-4.1

Light Truck Total

208,506

231,962

-13.7

983,059

1,026,172

-4.2

Light Vehicle Total

338,411

386,688

-16.0

1,628,524

1,769,792

-8.0

Market Division
Vehicle Total

Buick

19,533

25,078

-25.2

101,378

111,408

-9.0

Cadillac

18,510

21,832

-18.6

87,355

92,156

-5.2

Chevrolet

209,108

235,746

-14.8

989,048

1,081,701

-8.6

GMC

42,809

50,733

-19.0

186,144

219,331

-15.1

HUMMER

4,737

2,964

53.4

27,134

10,614

155.6

Oldsmobile

0

306

***.*

96

1,287

-92.5

Other - Isuzu

1,355

1,229

5.8

5,440

5,611

-3.0

Pontiac

30,728

34,218

-13.8

162,822

176,980

-8.0

Saab

3,030

3,836

-24.2

14,396

14,354

0.3

Saturn

15,347

17,255

-14.6

79,671

80,836

-1.4

Sales of Vehicles Produced in US/Canada/Mexico

Car

120,829

143,474

-19.2

608,021

697,661

-12.8

Light Truck

208,506

231,962

-13.7

983,059

1,026,172

-4.2

Twenty-five selling days for the May period this year and twenty-four for last year.

2-1P
GM Car Deliveries - (United States)
May 2006

May

Calendar Year-to-Date
January - May

2006

2005

%Chg
per S/D

2006

2005

%Chg

Selling Days (S/D)

25

24

Century

3

686

-99.6

65

4,751

-98.6

LaCrosse

4,990

6,527

-26.6

27,110

34,420

-21.2

LeSabre

188

7,753

-97.7

1,787

31,158

-94.3

Lucerne

7,311

0

***.*

36,433

0

***.*

Park Avenue

3

207

-98.6

30

1,693

-98.2

Regal

0

73

***.*

30

482

-93.8

Buick Total

12,495

15,246

-21.3

65,455

72,504

-9.7

CTS

4,869

6,184

-24.4

22,782

25,768

-11.6

DeVille

44

5,804

-99.3

553

20,762

-97.3

DTS

3,786

0

***.*

22,672

0

***.*

Seville

0

42

***.*

9

122

-92.6

STS

2,171

3,346

-37.7

9,884

13,758

-28.2

XLR

320

420

-26.9

1,506

1,889

-20.3

Cadillac Total

11,190

15,796

-32.0

57,406

62,299

-7.9

Aveo

5,784

6,370

-12.8

21,100

26,187

-19.4

Cavalier

40

950

-96.0

253

16,845

-98.5

Classic

-1

2,228

***.*

0

42,343

***.*

Cobalt

21,247

23,649

-13.8

93,023

75,537

23.1

Corvette

3,317

3,078

3.5

16,125

14,217

13.4

Impala

23,702

19,411

17.2

114,014

107,181

6.4

Malibu

12,881

20,514

-39.7

74,384

83,118

-10.5

Monte Carlo

2,112

2,515

-19.4

14,344

15,411

-6.9

SSR

350

707

-52.5

2,199

4,221

-47.9

Chevrolet Total

69,432

79,422

-16.1

335,442

385,060

-12.9

Alero

0

203

***.*

67

921

-92.7

Aurora

0

10

***.*

0

18

***.*

Oldsmobile Total

0

213

***.*

67

939

-92.9

Bonneville

87

1,356

-93.8

798

6,284

-87.3

G6

11,534

9,065

22.1

57,688

41,567

38.8

Grand Am

90

2,179

-96.0

577

29,231

-98.0

Grand Prix

6,878

9,647

-31.6

43,243

38,980

10.9

GTO

817

1,093

-28.2

4,316

5,465

-21.0

Solstice

1,804

0

***.*

9,700

0

***.*

Sunfire

83

3,020

-97.4

649

17,912

-96.4

Vibe

4,197

5,463

-26.2

17,353

25,998

-33.3

Pontiac Total

25,490

31,823

-23.1

134,324

165,437

-18.8

9-2X

104

1,042

-90.4

386

2,226

-82.7

9-3

1,986

2,245

-15.1

9,895

9,765

1.3

9-5

385

502

-26.4

1,747

2,316

-24.6

Saab Total

2,475

3,789

-37.3

12,028

14,307

-15.9

ION

7,782

7,751

-3.6

38,936

38,877

0.2

Saturn L Series

0

686

***.*

20

4,197

-99.5

Saturn Sky

1,041

0

***.*

1,787

0

***.*

Saturn Total

8,823

8,437

0.4

40,743

43,074

-5.4

GM Total

129,905

154,726

-19.4

645,465

743,620

-13.2

GM Car Deliveries by Production Source

GM North America *

120,829

143,474

-19.2

608,021

697,661

-12.8

GM Import

9,076

11,252

-22.6

37,444

45,959

-18.5

GM Total

129,905

154,726

-19.4

645,465

743,620

-13.2

GM Car Deliveries by Production Source and Marketing Division

Buick Total

12,495

15,246

-21.3

65,455

72,504

-9.7

Cadillac Total

11,190

15,796

-32.0

57,406

62,299

-7.9

Chevrolet Total

63,648

73,052

-16.4

314,342

358,873

-12.4

Oldsmobile Total

0

213

***.*

67

939

-92.9

Pontiac Total

24,673

30,730

-22.9

130,008

159,972

-18.7

Saturn Total

8,823

8,437

0.4

40,743

43,074

-5.4

GM North America Total*

120,829

143,474

-19.2

608,021

697,661

-12.8

Chevrolet Total

5,784

6,370

-12.8

21,100

26,187

-19.4

Pontiac Total

817

1,093

-28.2

4,316

5,465

-21.0

Saab Total

2,475

3,789

-37.3

12,028

14,307

-15.9

GM Import Total

9,076

11,252

-22.6

37,444

45,959

-18.5

GM Vehicle Deliveries by Marketing Division

Buick Total

19,533

25,078

-25.2

101,378

111,408

-9.0

Cadillac Total

18,510

21,832

-18.6

87,355

92,156

-5.2

Chevrolet Total

209,108

235,746

-14.8

989,048

1,081,701

-8.6

GMC Total

42,809

50,733

-19.0

186,144

219,331

-15.1

HUMMER Total

4,737

2,964

53.4

27,134

10,614

155.6

Oldsmobile Total

0

306

***.*

96

1,287

-92.5

Other-Isuzu Total

1,355

1,229

5.8

5,440

5,611

-3.0

Pontiac Total

30,728

34,218

-13.8

162,822

176,980

-8.0

Saab Total

3,030

3,836

-24.2

14,396

14,354

0.3

Saturn Total

15,347

17,255

-14.6

79,671

80,836

-1.4

GM Total

345,157

393,197

-15.7

1,653,484

1,794,278

-7.8

* Includes US/Canada/Mexico

3-1P
GM Truck Deliveries - (United States)
May 2006

May

Calendar Year-to-Date
January - May

2006

2005

% Chg
per S/D

2006

2005

%Chg

Selling Days (S/D)

25

24

Rainier

1,141

1,137

-3.7

7,161

5,595

28.0

Rendezvous

5,122

7,210

-31.8

23,423

27,114

-13.6

Terraza

775

1,485

-49.9

5,339

6,195

-13.8

Total Buick

7,038

9,832

-31.3

35,923

38,904

-7.7

Escalade

3,546

2,272

49.8

15,800

11,421

38.3

Escalade ESV

1,369

1,216

8.1

3,256

5,346

-39.1

Escalade EXT

297

804

-64.5

1,666

3,334

-50.0

SRX

2,108

1,744

16.0

9,227

9,756

-5.4

Total Cadillac

7,320

6,036

16.4

29,949

29,857

0.3

Astro

127

1,852

-93.4

280

13,115

-97.9

C/K Suburban(Chevy)

7,186

7,835

-12.0

26,836

32,299

-16.9

Chevy C/T Series

25

22

9.1

125

104

20.2

Chevy W Series

306

270

8.8

1,220

1,133

7.7

Colorado

8,368

10,899

-26.3

36,208

56,147

-35.5

Equinox

10,233

12,118

-18.9

45,422

53,768

-15.5

Express Cutaway/G Cut

2,008

1,765

9.2

8,148

7,531

8.2

Express Panel/G Van

7,706

8,038

-8.0

35,673

34,924

2.1

Express/G Sportvan

1,945

2,442

-23.5

8,694

10,651

-18.4

HHR

7,827

0

***.*

42,487

0

***.*

Kodiak 4/5 Series

1,215

973

19.9

5,610

4,470

25.5

Kodiak 6/7/8 Series

391

420

-10.6

1,707

1,738

-1.8

S/T Blazer

2

539

-99.6

86

3,498

-97.5

S/T Pickup

0

54

***.*

4

139

-97.1

Tahoe

13,218

13,422

-5.5

71,460

56,410

26.7

Tracker

0

69

***.*

11

428

-97.4

TrailBlazer

15,573

22,556

-33.7

71,751

87,847

-18.3

Uplander

4,881

7,031

-33.4

25,610

28,436

-9.9

Venture

13

712

-98.2

148

4,713

-96.9

Avalanche

3,336

4,834

-33.7

13,748

24,421

-43.7

Silverado-C/K Pickup

55,316

60,473

-12.2

258,378

274,869

-6.0

Chevrolet Fullsize Pickups

58,652

65,307

-13.8

272,126

299,290

-9.1

Chevrolet Total

139,676

156,324

-14.2

653,606

696,641

-6.2

Canyon

2,076

3,077

-35.2

8,625

14,830

-41.8

Envoy

6,014

9,999

-42.3

29,613

40,715

-27.3

GMC C/T Series

9

23

-62.4

94

92

2.2

GMC W Series

490

492

-4.4

2,066

2,010

2.8