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GM Reports June Sales of 380,267, Down 15 Percent
Cadillac Sales Up 10 Percent in June, 11 Percent for Calendar Year-to-Date
DETROIT - General Motors dealers sold 380,267 new cars and trucks in June, down 15 percent compared to June 2003. GM's truck sales (218,558) were down 15 percent and car sales (161,709) were down 15 percent. Total sales through June (2,295,621) were up 1.0 percent. Truck sales through the first six months (1,350,083) were up 3 percent compared to year-ago levels, and car sales (945,538) declined 3 percent.
"Coming off strong May sales, GM's June sales were weaker than we expected," said John Smith, group vice president North America Vehicle Sales, Service and Marketing. "For the first half of the year, our sales were up slightly, led by growing truck sales and launch vehicles. For the second half of the year, we need to accelerate our selling pace and produce stronger results."
GM Truck Sales
GM truck sales in June declined 15 percent compared to industry record truck deliveries last year. Calendar year-to-date truck sales were up 3 percent and running at industry-record levels.
Although total utility sales (94,016) were down 19 percent in June compared to industry-record sales in 2003, deliveries for the first six months were up 7 percent (620,160) and remain on a record-setting pace. Deliveries of small utilities (14,779) climbed 11 percent in June and 35 percent in the first half of the year (82,048), paced by Chevrolet Equinox and Saturn Vue.
Yikes!
Cadillac Sales Up 10 Percent in June, 11 Percent for Calendar Year-to-Date
DETROIT - General Motors dealers sold 380,267 new cars and trucks in June, down 15 percent compared to June 2003. GM's truck sales (218,558) were down 15 percent and car sales (161,709) were down 15 percent. Total sales through June (2,295,621) were up 1.0 percent. Truck sales through the first six months (1,350,083) were up 3 percent compared to year-ago levels, and car sales (945,538) declined 3 percent.
"Coming off strong May sales, GM's June sales were weaker than we expected," said John Smith, group vice president North America Vehicle Sales, Service and Marketing. "For the first half of the year, our sales were up slightly, led by growing truck sales and launch vehicles. For the second half of the year, we need to accelerate our selling pace and produce stronger results."
GM Truck Sales
GM truck sales in June declined 15 percent compared to industry record truck deliveries last year. Calendar year-to-date truck sales were up 3 percent and running at industry-record levels.
Although total utility sales (94,016) were down 19 percent in June compared to industry-record sales in 2003, deliveries for the first six months were up 7 percent (620,160) and remain on a record-setting pace. Deliveries of small utilities (14,779) climbed 11 percent in June and 35 percent in the first half of the year (82,048), paced by Chevrolet Equinox and Saturn Vue.
Yikes!
