Gm U.S. Deliveries For Quarter 4 2019

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Thread: Gm U.S. Deliveries For Quarter 4 2019

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    Gm U.S. Deliveries For Quarter 4 2019

    GM Sells More Than 1 Million Crossovers Again in 2019, and Over 1 Million Full-Size Trucks
    01/03/2020
    GM MEDIA



    DETROIT – General Motors Co. (NYSE: GM) announced today that it delivered 2,887,046 vehicles in 2019 in the United States. The total included more than 1 million crossovers for the second year in a row, an increase of 12.7 percent compared to 2018, and more than 1 million full-size pickup trucks and SUVs.

    “We’ve focused our resources on what our customers want – crossovers and trucks – and that has paid off,” said Kurt McNeil, vice president, U.S. Sales Operations. “In addition to our industry leading crossover sales, our full-size truck franchise is unmatched. We’re pleased with our full-size pickup launch and we look forward to launching our segment-leading, all-new full-size SUVs in 2020.”

    Fourth quarter North American wholesales declined an estimated 25 percent year over year, due to the 40 day United Auto Workers work stoppage. This includes the company’s newly launched heavy-duty full-size pickups, which were off approximately 17 percent.

    “Our fourth-quarter stocks were leaner than we wanted, but as we get ready to launch our all-new full-size SUVs, we look forward to another solid year in 2020,” McNeil added.

    Fourth quarter customer deliveries totaled 735,909 units, down 6.3 percent year over year.

    GM sold more than 1 million crossovers in the U.S. for the second year in a row

    GM had its best year ever for crossovers, achieving yearly records in the compact, small and small luxury segments. Crossover deliveries totaled 1,165,769 for the year, up 12.7 percent versus 2018. The following nameplates saw the largest sales increases year over year.

    more at the link...


    Last edited by eastcoasthd; 01-03-2020 at 02:01 PM.
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    Re: Gm U.S. Deliveries For Quarter 4 2019

    I'm pretty sure that they could have hit 3million sales if they did not go so easily over cancelling cars.

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    Re: Gm U.S. Deliveries For Quarter 4 2019

    GM Sells More Than 1 Million Crossovers Again in 2019, and Over 1 Million Full-Size Trucks
    01/03/2020
    GM MEDIA



    DETROIT – General Motors Co. (NYSE: GM) announced today that it delivered 2,887,046 vehicles in 2019 in the United States. The total included more than 1 million crossovers for the second year in a row, an increase of 12.7 percent compared to 2018, and more than 1 million full-size pickup trucks and SUVs.

    “We’ve focused our resources on what our customers want – crossovers and trucks – and that has paid off,” said Kurt McNeil, vice president, U.S. Sales Operations. “In addition to our industry leading crossover sales, our full-size truck franchise is unmatched. We’re pleased with our full-size pickup launch and we look forward to launching our segment-leading, all-new full-size SUVs in 2020.”

    Fourth quarter North American wholesales declined an estimated 25 percent year over year, due to the 40 day United Auto Workers work stoppage. This includes the company’s newly launched heavy-duty full-size pickups, which were off approximately 17 percent.

    “Our fourth-quarter stocks were leaner than we wanted, but as we get ready to launch our all-new full-size SUVs, we look forward to another solid year in 2020,” McNeil added.

    Fourth quarter customer deliveries totaled 735,909 units, down 6.3 percent year over year.

    GM sold more than 1 million crossovers in the U.S. for the second year in a row
    A Nice way to say "Sales are down -2.3% from 2018"

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    Re: Gm U.S. Deliveries For Quarter 4 2019

    Quote Originally Posted by InCogKneeToe View Post
    A Nice way to say "Sales are down -2.3% from 2018"

    Also, for a company whose future is supposedly "all electric", GM's press release text conveniently omits any reference to sales of its plug-in vehicles.
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    Re: Gm U.S. Deliveries For Quarter 4 2019

    Quote Originally Posted by gkr778 View Post

    Also, for a company whose future is supposedly "all electric", GM's press release text conveniently omits any reference to sales of its plug-in vehicles.
    Funny that Ford, who's been very quiet about EV, has already sold out the E-Mach. Most people on this site were writing off Tesla a few months ago and now the stock is over $425!

    GM shows us NOTHING! Great job Mary, just keep talking!

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    Re: Gm U.S. Deliveries For Quarter 4 2019

    I find it interesting that GM uses the term "crossover" in place of utilities.

    I can't find any indication of Ford's Q4 sales press release,
    maybe they all went on holidays and decided to skip talking
    to the press and analysts.
    Last edited by jpd80; 01-03-2020 at 05:45 PM.

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    Re: Gm U.S. Deliveries For Quarter 4 2019

    Spark being alive and Cruze being dead is hilariously stupid.
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    Re: Gm U.S. Deliveries For Quarter 4 2019

    I guess Tahoe/Suburban/Yukon are hurting from Expedition's 142% Increase last month.

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    Re: Gm U.S. Deliveries For Quarter 4 2019

    Quote Originally Posted by jpd80 View Post
    I can't find any indication of Ford's Q4 sales press release,
    maybe they all went on holidays and decided to skip talking
    to the press and analysts.
    You're right jpd80; IBD says Ford "is likely to report Q4 auto sales on Monday [6 January 2020]"
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    Re: Gm U.S. Deliveries For Quarter 4 2019

    This company is in big doo doo. Truck interiors that won't be fixed for another year. Volt dead and Bolt on life support and electrics are supposed to be your future?. So many models dying. Another 3 U.S. plants are going to be in danger very soon. Saw the latest issue of Car & Driver this week, their annual 10 best issue for 2020, RAM made the list. I believe that is the first time a pick up has ever made the list. Great for RAM but bad for GM. Like Lutz said, it was a mistake that didn't have to happen.

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    Re: Gm U.S. Deliveries For Quarter 4 2019

    Quote Originally Posted by Cruising in a Cruze View Post
    This company is in big doo doo. Truck interiors that won't be fixed for another year. Volt dead and Bolt on life support and electrics are supposed to be your future?. So many models dying. Another 3 U.S. plants are going to be in danger very soon. Saw the latest issue of Car & Driver this week, their annual 10 best issue for 2020, RAM made the list. I believe that is the first time a pick up has ever made the list. Great for RAM but bad for GM. Like Lutz said, it was a mistake that didn't have to happen.
    Yet Tesla just met its sales goals. I do not believe GM has a choice but to make a play for the future.

    Its a great thing they are not supporting foreign markets that lose money, in the end, if GM can deliver profits on where its spending capital and lead in those segments, then they will have hit a jackpot

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    Re: Gm U.S. Deliveries For Quarter 4 2019

    Quote Originally Posted by mbukukanyau View Post
    Yet Tesla just met its sales goals. I do not believe GM has a choice but to make a play for the future.

    Its a great thing they are not supporting foreign markets that lose money, in the end, if GM can deliver profits on where its spending capital and lead in those segments, then they will have hit a jackpot
    A nice way of saying that GM failed in certain markets and has for that reason left those markets, though leaving a market that you can't make money in isn't a bad thing to do. However if that is your only business plan then eventually you will not be in any market, you need to attempt to do things (a simple idea that Cadillac could learn from). Though yes we are going to see a multi power market with gasoline, diesel, and electric being around at the same time for some time. Electric has a lot of future potential which requires R&D spending to get there though another route is to buy a company that has spent the money to develop electric cars.

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    Re: Gm U.S. Deliveries For Quarter 4 2019

    Not bad considering they had a month long strike.

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    I drove through my local Chevy dealer yesterday and couldn't believe how empty it was. They have maybe 60% of their normal inventory or less. Driving through aisles that used to be full of cars felt odd. The strikes impact continues and may for quite some time.

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    Re: Gm U.S. Deliveries For Quarter 4 2019

    Quote Originally Posted by roadkillz View Post
    Electric has a lot of future potential which requires R&D spending to get there though another route is to buy a company that has spent the money to develop electric cars.

    Either way, they gotta pay!!
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