May 2017 Sales - GM -1.3%

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Thread: May 2017 Sales - GM -1.3%

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    R2-D2 Astromech Droid Ed753's Avatar
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    May 2017 Sales - GM -1.3%

    Strong Lineup of New Chevrolet, Buick, GMC and Cadillac Crossovers Drive GM’s U.S. Retail Sales Higher

    2017-06-01

    - Commercial sales up 14 percent; Government sales up 21 percent

    - U.S. daily rental sales down 36 percent per plan

    - Crossover retail sales up 19 percent

    DETROIT — General Motors (NYSE: GM) today reported May U.S. retail sales of 191,388 vehicles, up slightly from last year. GM’s May retail performance was driven by exceptionally strong crossover sales at Chevrolet, Buick, GMC and Cadillac.

    GM’s U.S. Commercial sales in May were up 14 percent, while Government sales jumped 21 percent. Daily rental sales were down 36 percent, as planned. GM is on track to deliver its third consecutive year-over-year decline in daily rental volume.

    GM’s May total sales were 237,364 vehicles, down about 1 percent from last year.

    On a brand level, Buick’s U.S. retail sales in May were up 12 percent, while retail sales at Cadillac and Chevrolet were up 10 percent and less than 1 percent, respectively.

    In May, GM crossovers were up 19 percent on a U.S. retail sales basis compared to last year. This strong performance was carried across all GM’s U.S. brands:

    - Chevrolet Equinox — up 17 percent
    - Chevrolet Trax — up 18 percent
    - Chevrolet Traverse – up 2 percent
    - Buick Encore — up 12 percent
    - Buick Envision — 3,256 deliveries in May, up significantly from last year’s launch
    - GMC Acadia — up 33 percent
    - Cadillac XT5 — up 110 percent
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    Re: May 2017 Sales - GM -1.3%

    Sales Chart:
    Current: Hidden Content Hidden Content

    Past: '17 Cruze; '15 F150; '14 Volt; '13 MKX; '13 Silverado; '13 Fusion; '11 Ram; '10 Commander; '08 Sierra; '07 Rendezvous; '05 Ram; '04 Grand Cherokee; '03 F150; '01 Silverado; '00 Jimmy; '99 Sierra; '97 Ram; '96 Mustang GT; '96 Jimmy; '90 Escort GT; '89 Ranger; '84 Omni; '76 Malibu; '78 LeMans; '85 Escort; '82 Lynx; '75 Sierra

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    Re: May 2017 Sales - GM -1.3%

    You know....something I've been wondering.......why do they always put "(Chevy)" behind Suburban?

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    R2-D2 Astromech Droid Ed753's Avatar
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    Re: May 2017 Sales - GM -1.3%

    Analyst predicted GM was going to be up 4.3% in May, and Mary's got a shareholder meeting in 5 days.........
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    Re: May 2017 Sales - GM -1.3%

    Quote Originally Posted by rmc523 View Post
    You know....something I've been wondering.......why do they always put "(Chevy)" behind Suburban?
    Yukon XL used to be badged GMC Suburban.
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    Re: May 2017 Sales - GM -1.3%

    They'd better hope the upcoming K2xx truck refresh moves the needle...

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    Re: May 2017 Sales - GM -1.3%

    Quote Originally Posted by Ed753 View Post
    Analyst predicted GM was going to be up 4.3% in May, and Mary's got a shareholder meeting in 5 days.........
    Just noticed something..............

    Sales:........2016.............2017

    GM.........240,450..........237,364

    Ford.......235,997..........241,126
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    Re: May 2017 Sales - GM -1.3%

    Quote Originally Posted by Ed753 View Post
    Just noticed something..............

    Sales:........2016.............2017

    GM.........240,450..........237,364

    Ford.......235,997..........241,126

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    Re: May 2017 Sales - GM -1.3%

    Bolt is doing pretty good considering limited amount of state availability. Now with 19 state ordering availability for June.

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    Re: May 2017 Sales - GM -1.3%

    Spark wtf? Was there a stop sale? Nothing too painful in these numbers, nice to see the Camaro up again, as well as rentals down.

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    Re: May 2017 Sales - GM -1.3%

    Quote Originally Posted by Ed753 View Post
    Analyst predicted GM was going to be up 4.3% in May, and Mary's got a shareholder meeting in 5 days.........
    Guess the Anal yst aren't always at the top of their game.

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    R2-D2 Astromech Droid Ed753's Avatar
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    Re: May 2017 Sales - GM -1.3%

    Quote Originally Posted by 1958carnut View Post
    Guess the Anal yst aren't always at the top of their game.
    Nope, but GM is - I got 2 more Proxy's from GM yesturday, I think that put the grand total at 4 notification in the mail 6 via phone and 5 e-mails.

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    Re: May 2017 Sales - GM -1.3%

    Spark, Sonic, Malibu, and Impala all took dumps. On one hand, it's not too surprising considering the general trend away from cars, but on the other, it shows that GM has some serious problems with its cars. Sonic is ancient and has an ancient engine, Malibu a pretty attractive vehicle except the front end, and some people don't want a blown engine, Impala is ancient and Malibu steps on its toes bigly (it needs to either die or go RWD), and Spark is ugly and impractical in the USA. I don't know why they sold a single one when those buyers would be better suited with the Sonic in the first place. Cruze is the best looking and most sellable car GM sells. Give it a performance version!

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    Re: May 2017 Sales - GM -1.3%

    Quote Originally Posted by samesun View Post
    Bolt is doing pretty good considering limited amount of state availability. Now with 19 state ordering availability for June.
    Yet Volt sales remain stable. GM has to be fairly pleased that Bolt isn't stealing too many Volt sales.
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    Re: May 2017 Sales - GM -1.3%

    Quote Originally Posted by 'Vette Dude View Post
    Spark, Sonic, Malibu, and Impala all took dumps. On one hand, it's not too surprising considering the general trend away from cars, but on the other, it shows that GM has some serious problems with its cars. Sonic is ancient and has an ancient engine, Malibu a pretty attractive vehicle except the front end, and some people don't want a blown engine, Impala is ancient and Malibu steps on its toes bigly (it needs to either die or go RWD), and Spark is ugly and impractical in the USA. I don't know why they sold a single one when those buyers would be better suited with the Sonic in the first place. Cruze is the best looking and most sellable car GM sells. Give it a performance version!
    The only valid point in your entire assessment is Sonic being old. Otherwise the Chevrolet car lineup really is not as bad as you're making it out to be. Car sales are down across the board.
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