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#1 (permalink) |
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5.3 Liter LS4 V8
Join Date: Dec 2004
Posts: 3,469
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GM Reports 345,404 Deliveries in April, Down 7%
http://media.gm.com/servlet/GatewayS...74&docid=25435
FOR RELEASE: 2006-05-02 GM Reports 345,404 Deliveries in April Launch Vehicle Sales Continue to Gain Momentum, Led by All-New Full-Size SUVs Chevy Tahoe Sales Up 35 Percent, Paced by Best Sales-To-Date of 2007 Model Cadillac Escalade Sales Rise 127 Percent; GMC Yukon Sales Up 36 Percent Full-Size Pickup Sales Rise 4 Percent DETROIT - General Motors dealers in the United States sold 345,404 new cars and trucks in April, down 7 percent compared to year-ago levels. Total car sales were down 18 percent, and truck sales were up 2 percent. GM's retail sales in April were down 5 percent compared to year-ago deliveries. Fleet sales were down 10.5 percent. Daily rental sales declined by 23 percent compared to last year. "Given that the industry came in somewhat below our initial expectations, we are pleased that our retail sales were in line with the targets established in our North America turnaround plan," said Mark LaNeve, General Motors North America vice president, Vehicle Sales, Service and Marketing. "Consumers continue to respond very favorably to our new products, particularly the all-new Chevy Tahoe, GMC Yukon and Cadillac Escalade, resulting in a combined 15 percent sales increase compared to last month." Total sales of all GM launch vehicles were up 5 percent compared to March and accounted for 28 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. Despite increases in fuel prices and contrary to industry trends, GM posted a 2 percent improvement in total truck deliveries, driven by continuing strong sales results for its all-new full-size sport utility vehicles and full-size pickups. Chevrolet Tahoe sales were up 35 percent in April. Of the 13,138 total deliveries, 10,607 were 2007 models. GMC Yukon posted a 36 percent sales gain in April, with 5,978 total deliveries. There were 4,862 2007 Yukon deliveries. April sales of the 2007 model were 48 percent greater than March results. Cadillac Escalade sales improved dramatically, with a 127 percent improvement over last year. There were 4,109 total sales, of which 3,258 were the all-new 2007 model. 2007 Escalade sales in April rose 23 percent compared to March. Chevrolet Silverado deliveries rose 9 percent in April, and GMC Sierra sales were up 4 percent. The continuing strength of GM's full-size pickups is noteworthy, given that the product is approaching the end of its lifecycle. The new full-size pickups begin arriving in dealers' showrooms in the fourth quarter of this year. LaNeve explained that the impact of the recent upward movement in fuel prices is being partially offset by the fuel economy leadership across GM's lineup, particularly its industry-leading truck and utility portfolio. "We know that fuel economy is an important issue for consumers, and every tenth of a gallon improvement counts," LaNeve said. "We worked hard during the development of our new large utilities to squeeze out every possible ounce of fuel savings, and the result was the best fuel economy in the segment. Combine this with the E85 capability of these vehicles, which reduces America's dependency on oil, and you've got a significant, measurable benefit for all consumers." GM's newest entries in the small sport utility category also contributed to the improvement in overall truck sales. Chevrolet HHR and Equinox and Pontiac Torrent posted solid results. HHR had its best-ever sales month and Equinox achieved record April sales. The new Saturn Vue continued its sales momentum with its eleventh consecutive month of year-over-year sales increases (+25 percent). HUMMER posted a year-over-year sales record for the twelfth consecutive month, with total sales up 231 percent. Retail deliveries rose 210 percent. H3 continues to drive HUMMER's record-setting pace and leads the entry luxury utility segment by a wide margin. Saturn posted a year-over-year sales gain of 14 percent with retail sales up 3 percent. The improvement was led by a solid sales month for Vue and Ion. The first sales of Saturn Sky (612) were recorded in April. Demand for the all-new two-seat roadster continues to outpace supply, with vehicles remaining on dealers' lots an average of only 10 days. Saab also posted a sales gain compared to year-ago levels (+3 percent). Its retail deliveries were up 10 percent, paced by deliveries of the 9-7X. |
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#3 (permalink) |
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5.3 Liter LS4 V8
Join Date: Dec 2004
Posts: 3,469
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Re: GM Reports 345,404 Deliveries in April
wow, its almost opposite of Ford...car sales down isn't exactly good news, but its definitely good to see the 900's continue strong. Escalade up 127%! (Tahoe 35% and Yukon 36%...mmmm...think of all the raw profit!)
Good to see them continue to decrease fleet sales also! I don't know how the Vue continue to increase sales, but I love it! Who would of thought the 9-7x would bolster Saabs sales? I'm not complaining! I guess thats in line with Land Rovers positive sales too. 10,000 HHR's! The media was officialy wrong on that one! I think it is time to readjust sales expectation, again, and shoot for north of 80,000. Is the new Avalanche hitting dealerships yet? Good thing GM is staying ontop of the 'Nox with the refresh coming up, hopefully they can recover a good portion of the TB's flailing sales. (I was just thinking...The Outlook and Enclave will REALLY help out here too!) Last edited by GM_Fanatic : 05-02-2006 at 02:16 PM. |
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#4 (permalink) |
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GMI Staff Member
Join Date: Jul 2003
Location: France
Drives: 2007 MBK Flipper Scooter
Posts: 13,400
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Re: GM Reports 345,404 Deliveries in April
Wow! I really see some good news there. Overall the numbers aren't amazing, but there are many hot spots. Things may turn bad later for SUV's, but for now, GM is riding the wave of their awesome new full-sizers. And pickup sales are up for Chevy and GMC! How cool is that, on the back of such old designs! I love that the HHR, Equinox, Vue, and Torrent are all soaring along too... Trailblazer sales HAVE to drop off this year... it's getting tired... and I'm really hoping GM vehicles pick up the slack. Can you believe that even Ion sales made it to the headline? Must be a good car... it's not selling based on its looks!
__________________
The department of redundancy department.
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#5 (permalink) | |
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2.0 Liter Supercharged ECOTEC
Join Date: Mar 2006
Posts: 164
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Re: GM Reports 345,404 Deliveries in April
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#7 (permalink) | |
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2.0 Liter Supercharged ECOTEC
Join Date: Mar 2006
Posts: 164
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Re: GM Reports 345,404 Deliveries in April
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#9 (permalink) | |
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7.0 Liter LS7 V8
Join Date: Dec 2003
Location: In front of my computer
Drives: 2006 HHR
2002 Corolla-Before I saw the light
Posts: 8,058
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Re: GM Reports 345,404 Deliveries in April
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#10 (permalink) | |
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6.0 Liter Vortec V8
Join Date: Mar 2005
Location: Michigan
Drives: 2008 Mazda3S
Posts: 1,851
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Re: GM Reports 345,404 Deliveries in April
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#11 (permalink) | |
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5.3 Liter LS4 V8
Join Date: Dec 2004
Posts: 3,469
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Re: GM Reports 345,404 Deliveries in April
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The Lucerne tells me Buick is headed in the right direction! |
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#12 (permalink) | |
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3.9 Liter V6
Join Date: Jan 2006
Posts: 984
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Re: GM Reports 345,404 Deliveries in April
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__________________
The only people who "don't worry" about Gas Prices are people addicted to jacked up 4x4 trucks & SUVs like a smoker who can't control the price of cigarettes. |
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#13 (permalink) |
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3.8 Liter Supercharged V6
Join Date: Sep 2005
Location: Virginia
Drives: 2008 GMC Acadia
2006 Chevy Colorado
Posts: 539
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Re: GM Reports 345,404 Deliveries in April
When is GM going to start giving away the Saab 9-2....80 sales for the entire month. How sad for a car that was supposed to be the entry level to Saab.
Saab needs new product and needs it now. |
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#14 (permalink) | |
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5.3 Liter LS4 V8
Join Date: Dec 2004
Posts: 3,469
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Re: GM Reports 345,404 Deliveries in April
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#15 (permalink) |
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3.9 Liter V6
Join Date: Jan 2006
Posts: 984
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Re: GM Reports 345,404 Deliveries in April
That's true, cutting back on rentals has to hurt. But actually I'm glad they aren't selling the new Impala and Malibu like blue-light-specials. They are decent cars, unlike some junk GM has sold in the past, like the Lumina.
__________________
The only people who "don't worry" about Gas Prices are people addicted to jacked up 4x4 trucks & SUVs like a smoker who can't control the price of cigarettes. |
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