GM Crossover Sales Surge Driving Retail Share Higher
Daily rental deliveries down 20 percent per plan
DETROIT — General Motors (NYSE: GM) today reported April sales of 244,406 crossovers, trucks and cars, driven by exceptionally strong crossover sales at Chevrolet, Buick, GMC and Cadillac.
GM expects to gain retail market share for the month, with industry volumes about equal to a year ago, adjusted for one fewer selling day.
◾In April, Chevrolet crossovers were up 27 percent on a retail basis; Buick’s were up 48 percent; GMC’s were up 20 percent; and Cadillac’s were up 46 percent.
◾Year to date, Chevrolet crossovers were up 24 percent on a retail basis; Buick’s were up 34 percent; GMC’s were up 15 percent; and Cadillac’s were up 23 percent.
“We see crossovers becoming an even bigger part of the industry and GM sales over the next five years,” said Kurt McNeil, U.S. vice president of Sales Operations. “Just five years ago, about one in four GM sales were crossovers. Today, they account for almost one-third of our deliveries and we see more growth ahead.”
During April, Chevrolet dealers delivered 4,500 all-new 2018 Equinox 1.5L compact crossovers, with a 2.0L model arriving this summer, followed by a diesel model. The all-new 2018 Traverse midsize crossover will arrive during the summer.
GMC dealers will begin delivering the all-new Terrain compact crossover in late summer and Buick dealers will roll out the new Enclave midsize crossover in the fall.
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