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Ward's Auto News
November 3, 2014
The Chevy Cruze had a great month, the Chevy Suburban and Cadillac SRX both had a not so great month.
Ward's Auto News offers a few pointers on the subject:
Article Quotes:
However, GM’s stable of large SUVs, also recently redesigned, witnessed a surprisingly bumpy month likely affected by lean inventories. Deliveries of the Chevy Tahoe rose 6.1% to 7,912, but sales of the larger Suburban tumbled 18.3% to 4,615. GMC Yukon sales dropped 1.5% to 2,977 and Yukon XL deliveries dipped 38.4% to 2,148.
Elsewhere at Cadillac, sales of the brand’s best-selling SRX 5-passenger CUV sank 32.3% to 3,640 and deliveries of the XTS large sedan tumbled 28.1% 1,976 units. Inventories of the SRX have moved largely to ’15 models, while much of its competition still reportedly has high stocks of less-expensive ’14 models on dealer lots.
Sales of the Cadillac CTS sports sedan gained 49.3% to 3,096, pushed higher by a new national lease program on ’14 models offering an attractive $409 monthly payment.
As a unit, Cadillac saw sales fall 8.0% to 13,615.
Sales of the Chevy Cruze small car were another bright spot, as GM used the month to clear out inventories of ’14 models and fleet buyers snatched up an estimated 7,000 units. Cruze sales rose a whopping 51.0% to 24,289.
November 3, 2014
The Chevy Cruze had a great month, the Chevy Suburban and Cadillac SRX both had a not so great month.
Ward's Auto News offers a few pointers on the subject:
Article Quotes:
However, GM’s stable of large SUVs, also recently redesigned, witnessed a surprisingly bumpy month likely affected by lean inventories. Deliveries of the Chevy Tahoe rose 6.1% to 7,912, but sales of the larger Suburban tumbled 18.3% to 4,615. GMC Yukon sales dropped 1.5% to 2,977 and Yukon XL deliveries dipped 38.4% to 2,148.
Elsewhere at Cadillac, sales of the brand’s best-selling SRX 5-passenger CUV sank 32.3% to 3,640 and deliveries of the XTS large sedan tumbled 28.1% 1,976 units. Inventories of the SRX have moved largely to ’15 models, while much of its competition still reportedly has high stocks of less-expensive ’14 models on dealer lots.
Sales of the Cadillac CTS sports sedan gained 49.3% to 3,096, pushed higher by a new national lease program on ’14 models offering an attractive $409 monthly payment.
As a unit, Cadillac saw sales fall 8.0% to 13,615.
Sales of the Chevy Cruze small car were another bright spot, as GM used the month to clear out inventories of ’14 models and fleet buyers snatched up an estimated 7,000 units. Cruze sales rose a whopping 51.0% to 24,289.