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GM's U.S. Sales Up 2 Percent in October

Chevrolet sales increase 6 percent, led by Cruze and Equinox


News provided by

General Motors

Nov 01, 2011, 10:00 ET

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DETROIT, Nov. 1, 2011 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported total sales of 186,895 vehicles in October, up 2 percent compared with October 2010.  Retail deliveries were up 3 percent compared with the same month a year ago and accounted for 77 percent of GM sales.  Deliveries to fleet customers were essentially flat.  

"Chevrolet led the way for GM in October driven by the continued success of the Cruze and Equinox," said Don Johnson, vice president, U.S. Sales Operations. "Chevrolet, Buick, Cadillac and GMC have all performed well this year, which has set the stage for our transition to a higher mix of 2012 model-year vehicles.  Combined with the launches of several new fuel-efficient cars, including the Chevrolet Sonic and Buick LaCrosse eAssist, we are very well positioned going forward."    

In October, GM's year-over-year passenger car sales increased 4 percent, crossover sales decreased 1 percent and sales of trucks, which include full-size pickups, vans and SUVs, increased 2 percent.  For the month, 2012 models accounted for 80 percent of passenger car sales and about half of truck and crossover sales.

Highlights for October include double-digit sales increases for the Chevrolet Equinox, Camaro and Express, the Cadillac SRX, the Buick Regal and the GMC Terrain, as well as the continued success of the Chevrolet Cruze.

In addition, Chevrolet dealers delivered more than 1,100 Volts for the vehicle's best month to date, and GM remains on track to expand Volt availability to 2,600 dealers in all 50 states by the end of the year.  The new 40-mpg Chevrolet Sonic also is building momentum, with sales of more than 3,800 units in its second month of launch.

Calendar year to date, all four GM brands have increased their sales compared with the same period a year ago, with Chevrolet, GMC and Buick posting  double-digit increases.


Sales Highlights

Oct. 2011 Total  Sales (vehicles)

Total Change vs. Oct. 2010

Oct. 2011 Retail Sales vs. Oct. 2010

CYTD Total Sales (vehicles)

CYTD Total Sales Change vs. 2010

CYTD Retail Sales Change vs. 2010

Chevrolet

131,804

6.0%

7.1%

1,485,747

14.3%

21.0%

GMC

31,609

(4.6%)

0.1%

326,556

23.1%

20.3%

Buick

11,687

(7.0%)

(9.1%)

151,779

19.9%

20.4%

Cadillac

11,795

(11.9%)

(12.3%)

124,985

5.6%

12.7%

Total GM

186,895

1.9%

2.6%

2,089,067

15.4%

20.2%



Inventory

Units @

Oct. 31, 2011

Days Supply (selling days adjusted)

Units @

Sept. 30, 2011

Days Supply (selling days adjusted)

All Vehicles

592,151

82

558,157

67

Full-size Pickups

207,596

104

208,650

88



Industry Sales

Sept.

Oct. SAAR (est.)

CYTD SAAR (est.)

Full Year 2011

(est.)

Total Vehicles

13.4 million

13.7 million

12.9 million

13.0 million – 13.5 million

(low end)


General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM's brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words "expect," "anticipate," "possible," "potential," "target," "believe," "commit," "intend," "continue," "may," "would," "could," "should," "project," "projected," "positioned" or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

GM U.S. Deliveries for October 2011 - Divisional Brand Level







(Calendar Year-to-Date)

*S/D Curr: 26

October


January -  October

*S/D Prev: 27

2011

2010

% Chg Volume

%Chg per S/D


2011

2010

%Chg Volume

Vehicle Total

186,895

183,759

1.7

5.6


2,089,067

1,822,303

14.6

Brand Total

186,895

183,392

1.9

5.8


2,089,067

1,810,291

15.4

Other Brand Total

0

367

***.*

***.*


0

12,012

***.*



















GM Vehicle Deliveries by Marketing Division



2011

2010

%Chg Volume

%Chg per S/D


2011

2010

%Chg Volume

Buick Total

11,687

12,569

-7.0

-3.4


151,779

126,569

19.9

Cadillac Total

11,795

13,393

-11.9

-8.5


124,985

118,406

5.6

Chevrolet Total **

131,804

124,294

6.0

10.1


1,485,747

1,300,084

14.3

GMC Total **

31,609

33,136

-4.6

-0.9


326,556

265,232

23.1

Brand Total

186,895

183,392

1.9

5.8


2,089,067

1,810,291

15.4

HUMMER Total

0

242

***.*

***.*


0

3,749

***.*

Pontiac Total

0

83

***.*

***.*


0

1,045

***.*

Saab Total

0

0

***.*

***.*


0

608

***.*

Saturn Total

0

42

***.*

***.*


0

6,610

***.*

Other Brand Total

0

367

***.*

***.*


0

12,012

***.*

GM Vehicle Total

186,895

183,759

1.7

5.6


2,089,067

1,822,303

14.6










*  Twenty-six selling days for the October period this year and twenty-seven for last year.

** Calendar Year 2010 includes GMC & Chevrolet Dealer deliveries of commercial vehicles distributed by American Isuzu Motors, Inc.

GM U.S. Deliveries for October 2011 by Model







(Calendar Year-to-Date)


October


January -  October


2011

2010

% Chg Volume

%Chg per S/D


2011

2010

%Chg Volume

Selling Days (S/D)

26

27







Enclave

4,509

4,693

-3.9

-0.2


48,913

44,982

8.7

LaCrosse

4,048

4,432

-8.7

-5.2


49,106

51,968

-5.5

Lucerne

849

1,810

-53.1

-51.3


18,822

22,331

-15.7

Regal

2,281

1,634

39.6

45.0


34,938

7,288

379.4

Buick Total

11,687

12,569

-7.0

-3.4


151,779

126,569

19.9

CTS

3,918

4,242

-7.6

-4.1


45,818

36,758

24.6

DTS

404

1,731

-76.7

-75.8


11,159

15,718

-29.0

Escalade

1,424

1,432

-0.6

3.3


11,915

12,485

-4.6

Escalade ESV

722

951

-24.1

-21.2


6,492

6,649

-2.4

Escalade EXT

163

243

-32.9

-30.3


1,578

1,619

-2.5

SRX

4,984

4,423

12.7

17.0


44,845

41,153

9.0

STS

180

364

-50.5

-48.6


3,166

3,837

-17.5

XLR

0

7

***.*

***.*


12

187

-93.6

Cadillac Total

11,795

13,393

-11.9

-8.5


124,985

118,406

5.6

Avalanche

1,696

1,922

-11.8

-8.4


15,685

16,950

-7.5

Aveo

65

6,038

-98.9

-98.9


28,547

41,324

-30.9

Camaro

6,119

5,013

22.1

26.8


76,368

71,521

6.8

Caprice

116

0

***.*

***.*


614

0

***.*

Captiva Sport

2,140

0

***.*

***.*


2,140

0

***.*

Chevy C/T Series

0

1

***.*

***.*


0

9

***.*

Chevy W Series

0

24

***.*

***.*


0

258

***.*

Cobalt

7

1,971

-99.6

-99.6


850

95,809

-99.1

Colorado

2,093

2,231

-6.2

-2.6


26,078

20,657

26.2

Corvette

946

1,011

-6.4

-2.8


11,216

10,809

3.8

Cruze

14,295

5,048

183.2

194.1


201,819

5,564

***.*

Equinox

15,108

12,773

18.3

22.8


160,143

111,828

43.2

Express

6,421

5,044

27.3

32.2


58,095

48,519

19.7

HHR

68

4,802

-98.6

-98.5


36,839

67,253

-45.2

Impala

11,982

12,389

-3.3

0.4


150,104

145,974

2.8

Kodiak 4/5 Series

0

29

***.*

***.*


10

1,183

-99.2

Kodiak 6/7/8 Series

0

26

***.*

***.*


0

241

***.*

Malibu

10,239

12,353

-17.1

-13.9


181,505

175,599

3.4

Silverado-C/K Pickup

36,656

34,283

6.9

11.0


333,092

301,998

10.3

Sonic

3,833

0

***.*

***.*


5,539

0

***.*

Suburban (Chevy)

4,655

4,354

6.9

11.0


37,710

36,162

4.3

Tahoe

7,060

6,725

5.0

9.0


63,696

61,868

3.0

TrailBlazer

0

2

***.*

***.*


33

215

-84.7

Traverse

7,197

8,255

-12.8

-9.5


90,661

86,267

5.1

Uplander

0

0

***.*

***.*


0

76

***.*

Volt

1,108

0

***.*

***.*


5,003

0

***.*

Chevrolet Total

131,804

124,294

6.0

10.1


1,485,747

1,300,084

14.3

Acadia

5,034

5,407

-6.9

-3.3


67,047

55,136

21.6

Canyon

778

913

-14.8

-11.5


8,412

6,568

28.1

Envoy

0

1

***.*

***.*


5

81

-93.8

GMC C/T Series

0

2

***.*

***.*


0

54

***.*

GMC W Series

0

32

***.*

***.*


0

357

***.*

Savana

910

1,242

-26.7

-23.9


14,006

11,843

18.3

Sierra

13,362

12,983

2.9

6.9


120,704

103,218

16.9

Terrain

6,350

5,445

16.6

21.1


69,801

45,314

54.0

Topkick 4/5 Series

0

51

***.*

***.*


5

901

-99.4

Topkick 6/7/8 Series

0

51

***.*

***.*


8

418

-98.1

Yukon

2,958

3,704

-20.1

-17.1


27,295

22,573

20.9

Yukon XL

2,217

3,305

-32.9

-30.3


19,273

18,769

2.7

GMC Total

31,609

33,136

-4.6

-0.9


326,556

265,232

23.1

Brand Total

186,895

183,392

1.9

5.8


2,089,067

1,810,291

15.4

HUMMER Total

0

242

***.*

***.*


0

3,749

***.*

Pontiac Total

0

83

***.*

***.*


0

1,045

***.*

Saab Total

0

0

***.*

***.*


0

608

***.*

Saturn Total

0

42

***.*

***.*


0

6,610

***.*

Other Brand Total

0

367

***.*

***.*


0

12,012

***.*

GM Vehicle Total

186,895

183,759

1.7

5.6


2,089,067

1,822,303

14.6

SOURCE General Motors

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