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Chevrolet, Buick, GMC and Cadillac Sales Decline 11 Percent from 2009 Cash-for-Clunkers Level

 

DETROIT, Sept. 1 /PRNewswire/ --

  • Combined Buick, GMC and Cadillac sales counter trend,  increase 37 percent
  • Calendar-year-to-date sales for GM's four brands are up 23 percent  
  • Buick remains the fastest growing major auto brand in the U.S.
  • Cadillac is the fastest growing luxury brand in the U.S.

August sales for Chevrolet, Buick, GMC and Cadillac decreased by a combined 11 percent to 184,921 units, compared to last August, a month in which the automotive industry experienced the highest level of sales in 2009 due to the Cash for Clunkers stimulus program. Compared to July 2010, sales for GM's brands were down 7 percent.

Through August, Buick remained the industry's fastest growing brand with sales up 61 percent year-to-date. Cadillac leads the luxury vehicle industry in sales growth this year, with sales 50 percent higher through August.

"Last year's Cash for Clunkers program spiked industry sales in 2009, so results this August were not surprisingly a bit mixed," said Don Johnson, vice president, U.S. Sales Operations. "Importantly, three of our four divisions showed solid gains. This is further evidence that our performance is the result of balanced contributions across our brands."

Combined sales for Buick, GMC and Cadillac were up 37 percent for the month, compared to a year ago. Buick sales increased 66 percent, propelled by retail sales that more than doubled during the month. Cadillac dealers reported sales that were 83 percent higher than last year, and the brand's retail sales also rose 83 percent. GMC total sales were up 12 percent during the month, driven by strong retail sales.  Chevrolet, which benefited the most from last year's federal stimulus, had a total sales decline of 22 percent compared to last year, while retail sales were down 31 percent.

Total sales of GM's full-size pickups rose 4 percent during the month, while its full-size utilities increased 7 percent on strong retail sales growth.  

Johnson noted that key product launches for the remainder of this year will continue the company's momentum. "With the all-new Chevrolet Cruze hitting showrooms in September, the Chevrolet Volt later this year, the Buick Regal expanding Buick's footprint in the U.S., and the Cadillac CTS Coupe generating a lot of attention, we have reason to be optimistic," Johnson said.

Month-end dealer inventory in the U.S. stood at about 452,000 units, which is about 28,000 higher compared to July 2010, and about 73,000 higher than August 2009.

August Key Facts and Brand Results:

  • Chevrolet: Chevrolet delivered 131,952 total vehicles in August, a 22 percent decline year-over-year. Year-to-date total Chevrolet sales are up 19 percent. Retail sales for Chevrolet full-size trucks (Silverado, Avalanche, Tahoe and Suburban) rose 8 percent. (read more).
  • Buick: Buick reported total sales of 14,294, an increase of 66 percent in August compared to last year. Driven by continuing strong customer demand for the LaCrosse (retail sales up 263 percent) and growing demand for the all-new Regal, Buick retail sales more than doubled for the second month in a row, up 102 percent, compared to last year. August was the eleventh straight month that total and retail sales have increased. With sales up 61 percent for the year, Buick remains the fastest growing major auto brand in the U.S.  (read more).
  • GMC: GMC reported total sales of 25,986, a 12 percent increase in total sales in the month of August, compared to the same month last year. This includes an 18 percent increase in retail sales, marking 11 consecutive months of year-over-year total and retail sales gains for GMC. Retail sales for GMC full-size trucks (Sierra, Yukon and Yukon XL) increased 12 percent during the month and retail sales for the Terrain rose to 3,667 units. For the year, GMC total sales are up 26 percent (read more).
  • Cadillac: Total sales of 12,689 for August were 83 percent higher than last August, with retail sales increasing 83 percent. This strong retail performance was driven by continuing strong consumer demand for the SRX and the CTS, with retail sales up 410 percent and 77 percent, respectively. August was the seventh month in a row that Cadillac total and retail sales have increased. With total sales up 50 percent for the year, the brand is the fastest growing luxury auto brand in the industry (read more).
  • Fleet sales for GM's four brands were 51,951 for the month.

About General Motors:  General Motors, one of the world's largest automakers, traces its roots back to 1908.  With its global headquarters in Detroit, GM employs 208,000 people in every major region of the world and does business in more than 120 countries.  GM and its strategic partners produce cars and trucks in 31 countries, and sell and service these vehicles through the following brands:  Buick, Cadillac, Chevrolet, FAW, GMC, Daewoo, Holden, Jiefang ,Opel, Vauxhall and Wuling.  GM's largest national market is China, followed by the United States, Brazil, Germany, the United Kingdom, Canada, and Italy.  GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services.  General Motors acquired operations from General Motors Corporation on July 10, 2009, and references to prior periods in this and other press materials refer to operations of the old General Motors Corporation.  More information on the new General Motors can be found at www.gm.com.

GM U.S. Deliveries for August 2010 - Divisional Brand Level




*S/D Curr: 25


(Calendar Year-to-Date)


 August

January -  August

*S/D Prev: 26

2010

2009

% Chg Volume

%Chg per S/D


2010

2009

%Chg Volume

Vehicle Total

185,176

246,479

-24.9

-21.9


1,465,389

1,390,278

5.4

Brand Total

184,921

206,818

-10.6

-7.0


1,453,930

1,178,105

23.4

Other Brand Total

255

39,661

-99.4

-99.3


11,459

212,173

-94.6












GM Vehicle Deliveries by Marketing Division 


2010

2009

%Chg Volume

%Chg per S/D


2010

2009

%Chg Volume

Buick Total

14,294

8,612

66.0

72.6


101,125

62,934

60.7

Cadillac Total

12,689

6,931

83.1

90.4


92,393

61,685

49.8

Chevrolet Total **

131,952

168,130

-21.5

-18.4


1,054,311

890,010

18.5

GMC Total **

25,986

23,145

12.3

16.8


206,101

163,476

26.1

Brand Total

184,921

206,818

-10.6

-7.0


1,453,930

1,178,105

23.4

HUMMER Total

205

777

-73.6

-72.6


3,344

7,767

-56.9

Pontiac Total

7

29,921

***.*

***.*


954

140,739

-99.3

Saab Total

0

484

***.*

***.*


608

6,444

-90.6

Saturn Total

43

8,479

-99.5

-99.5


6,553

57,223

-88.5

Other Brand Total

255

39,661

-99.4

-99.3


11,459

212,173

-94.6

GM Vehicle Total

185,176

246,479

-24.9

-21.9


1,465,389

1,390,278

5.4










* Twenty-five selling days for the August period this year and twenty-six for last year.

**  Effective August 2007, GM includes GMC & Chevrolet dealer deliveries of commercial vehicles distributed by
American Isuzu Motors, Inc.



GM U.S. Deliveries for August 2010 by Model






(Calendar Year-to-Date)


 August

January -  August


2010

2009

% Chg Volume

%Chg per S/D


2010

2009

%Chg Volume

Selling Days (S/D)

25

26







Enclave

4,595

4,151

10.7

15.1


35,881

28,824

24.5

LaCrosse

5,339

2,816

89.6

97.2


42,795

14,226

200.8

Lucerne

2,656

1,645

61.5

67.9


18,571

19,838

-6.4

Rainier

0

0

***.*

***.*


0

4

***.*

Regal

1,704

0

***.*

***.*


3,878

0

***.*

Rendezvous

0

0

***.*

***.*


0

9

***.*

Terraza

0

0

***.*

***.*


0

33

***.*

Buick Total

14,294

8,612

66.0

72.6


101,125

62,934

60.7

CTS

4,155

2,584

60.8

67.2


28,756

25,526

12.7

DTS

1,896

832

127.9

137.0


12,117

9,843

23.1

Escalade

1,076

1,031

4.4

8.5


9,842

9,648

2.0

Escalade ESV

724

530

36.6

42.1


4,874

3,979

22.5

Escalade EXT

188

165

13.9

18.5


1,196

1,596

-25.1

SRX

4,325

1,401

208.7

221.1


32,703

5,904

453.9

STS

324

337

-3.9

0.0


2,728

4,609

-40.8

XLR

1

51

-98.0

-98.0


177

580

-69.5

Cadillac Total

12,689

6,931

83.1

90.4


92,393

61,685

49.8

Avalanche

1,815

1,436

26.4

31.4


13,268

10,287

29.0

Aveo

4,019

12,733

-68.4

-67.2


28,734

29,580

-2.9

Camaro

6,321

8,680

-27.2

-24.3


60,185

31,190

93.0

Chevy C/T Series

0

4

***.*

***.*


8

35

-77.1

Chevy W Series

12

71

-83.1

-82.4


221

525

-57.9

Cobalt

5,643

17,393

-67.6

-66.3


90,376

78,504

15.1

Colorado

1,847

4,653

-60.3

-58.7


15,703

25,472

-38.4

Corvette

1,135

746

52.1

58.2


8,689

9,210

-5.7

Equinox

10,538

13,157

-19.9

-16.7


87,397

49,142

77.8

Express

4,459

5,611

-20.5

-17.4


38,242

36,937

3.5

HHR

9,470

11,064

-14.4

-11.0


57,242

50,197

14.0

Impala

17,343

20,473

-15.3

-11.9


121,399

113,809

6.7

Kodiak 4/5 Series

28

295

-90.5

-90.1


1,110

2,798

-60.3

Kodiak 6/7/8 Series

3

35

-91.4

-91.1


199

792

-74.9

Malibu

18,182

17,348

4.8

9.0


146,957

108,516

35.4

Monte Carlo

0

0

***.*

***.*


0

6

***.*

Silverado-C/K Pickup

34,084

32,421

5.1

9.3


235,530

209,987

12.2

Suburban (Chevy)

3,080

4,101

-24.9

-21.9


28,945

22,103

31.0

Tahoe

6,119

6,008

1.8

5.9


49,721

42,401

17.3

TrailBlazer

4

368

-98.9

-98.9


211

8,090

-97.4

Traverse

7,850

11,465

-31.5

-28.8


70,098

58,834

19.1

Uplander

0

68

***.*

***.*


76

1,595

-95.2

Chevrolet Total

131,952

168,130

-21.5

-18.4


1,054,311

890,010

18.5

Acadia

4,223

5,497

-23.2

-20.1


45,121

37,831

19.3

Canyon

667

1,733

-61.5

-60.0


4,873

8,076

-39.7

Envoy

5

291

-98.3

-98.2


78

4,346

-98.2

GMC C/T Series

0

36

***.*

***.*


52

344

-84.9

GMC W Series

15

133

-88.7

-88.3


308

1,271

-75.8

Savana

1,291

825

56.5

62.7


9,678

9,088

6.5

Sierra

11,640

11,657

-0.1

3.8


79,158

72,189

9.7

Terrain

4,189

472

787.5

823.0


35,092

475

***.*

Topkick 4/5 Series

12

261

-95.4

-95.2


835

1,946

-57.1

Topkick 6/7/8 Series

1

94

-98.9

-98.9


348

1,343

-74.1

Yukon

2,387

1,293

84.6

92.0


16,564

17,282

-4.2

Yukon XL

1,556

853

82.4

89.7


13,994

9,285

50.7

GMC Total

25,986

23,145

12.3

16.8


206,101

163,476

26.1

Brand Total

184,921

206,818

-10.6

-7.0


1,453,930

1,178,105

23.4

HUMMER Total

205

777

-73.6

-72.6


3,344

7,767

-56.9

Pontiac Total

7

29,921

***.*

***.*


954

140,739

-99.3

Saab Total

0

484

***.*

***.*


608

6,444

-90.6

Saturn Total

43

8,479

-99.5

-99.5


6,553

57,223

-88.5

Other Brand Total

255

39,661

-99.4

-99.3


11,459

212,173

-94.6

GM Total

185,176

246,479

-24.9

-21.9


1,465,389

1,390,278

5.4



SOURCE General Motors

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