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GM’s US retail sales up 19% in November

General Motors Co. (NYSE: GM) dealers delivered 212,060 vehicles in the United States in November, up 14 percent versus a year ago and the highest November sales in six years. Retail sales were up 19 percent and fleet sales were down 3 percent. “November sales were strong at all four of our brands, and demand was robust for … Continued

General Motors Co. (NYSE: GM) dealers delivered 212,060 vehicles in the United States in November, up 14 percent versus a year ago and the highest November sales in six years. Retail sales were up 19 percent and fleet sales were down 3 percent.

“November sales were strong at all four of our brands, and demand was robust for everything from cars to crossovers to the industry’s newest and best full-size pickups,” said Kurt McNeil, vice president, U.S. sales operations. “The sheer number of award-winning new models we have helped us grow faster than the industry for the second month in a row.”

GM’s product momentum will continue unabated. For example, the all-new 2014 Cadillac CTS, which is building availability, was recently named Motor Trend’s Car of the Year, an Automobile Magazine “All Star” and one of Car and Driver’s 10 Best cars.

Cadillac will also launch an all-new Escalade and the ELR in early 2014. In addition, Chevrolet and GMC are launching all-new heavy-duty pickups and large SUVs in the first quarter. Chevrolet also unveiled the Colorado, its new, highly acclaimed midsize pickup, at the Los Angeles International Auto Show. The Colorado goes on sale in the fall of 2014.

November Sales Highlights (vs. 2012)

  • Chevrolet sales were up 13 percent and retail deliveries were up 20 percent.
  • Sales of Chevrolet cars increased 19 percent, with Malibu up 41 percent, Volt up 26 percent, Impala up 20 percent and Camaro up 14 percent. Retail deliveries of the Cruze were up 39 percent and Impala more than doubled.
  • The Chevrolet Cruze, Equinox and Volt had their best November sales ever.
  • Sales of the Chevrolet Tahoe were up 23 percent, the Traverse was up 21 percent and the Silverado was up 12 percent.
  • GMC sales were up 20 percent, with the Sierra up 22 percent and the Acadia crossover up 108 percent, which keeps it on track for its best year ever.
  • Small business sales were up 38 percent, including a 76-percent increase in pickup deliveries. Commercial fleet deliveries increased 18 percent.
  • Buick deliveries increased 13 percent and the brand is on track for its best year since 2005. November was Buick’s 19th consecutive month of year-over-year retail sales growth.
  • Cadillac sales increased 11 percent and retail sales have grown in each of the past 18 months, driven by the success of the new XTS and ATS.

“We feel good about the direction of the economy and our own momentum,” McNeil said. “The economy is creating jobs and household wealth. Energy costs are dropping and credit is available and affordable. All of this bodes well for future growth.”

Sales Tables

November Total Sales YOY Change Retail Sales  YOY Change 
Chevrolet 145,089 12.6% 106,767 20.5%
GMC 35,727 19.8% 31,334 24.8%
Buick 15,072 13.4% 14,332 17.2%
Cadillac 16,172 11.4% 14,222 5.0%
Total 212,060 13.7% 166,655 19.4%
         
CYTD Total Sales YOY Change Retail Sales YOY Change
Chevrolet 1,793,632 6.5% 1,272,599 11.0%
GMC 407,781 10.2% 354,387 13.8%
Buick 190,130 16.0% 169,776 15.2%
Cadillac 164,378 25.0% 150,914 21.9%
Total GM 2,555,921 8.8% 1,947,676 12.6%
         
Fleet Segment Month YOY Change CYTD CYTD Change 
Share of Sales 21.4% (3.8) points 23.8% (2.6) points
         
Inventory Units at
Month-end
Days Supply (selling day adjusted) Units at Previous
Month-end
Days Supply (selling day adjusted)  
All Vehicles 779,517 96 727,812 87

 

Industry Sales Month (est.) CYTD (est.)
Light Vehicle SAAR Above 16 million 15.6 million range
https://www.automotiveworld.com/news-releases/gms-us-retail-sales-19-november/

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