GM December Sales Up 5%, 234,351 Units Sold; 2,503,797 Units Sold YTD, Up 13%

[FenwickHockey65]

GM’s U.S. Sales Increase 5 Percent in December
Full-year sales increase 14 percent; market share grows
Link to Press Release

January 4, 2012

DETROIT – General Motors Co. (NYSE: GM) today reported total U.S. sales of 234,351 vehicles in December, up 5 percent compared with December 2010. Sales for the calendar year were up 14 percent year over year to more than 2.5 million units and the company gained market share.

“GM’s balanced portfolio of fuel-efficient cars, trucks and crossovers helped us make the most of the U.S. economy’s slow but steady recovery in 2011,” said Don Johnson, vice president, U.S. Sales Operations. “Importantly, we were able to grow all four of our brands and reestablish Chevrolet as a force to be reckoned with in the passenger car business. This gives us a very solid foundation to compete in a market that we expect to keep growing.”

In December, retail deliveries were up 2 percent compared with a very strong December 2010, and accounted for 81 percent of GM sales. Deliveries to fleets were up 17 percent.

GM’s total passenger car sales for the month increased 12 percent. Crossover sales decreased 14 percent. Sales of trucks, which include full-size pickups, vans and SUVs increased 13 percent.

Highlights for the month include a 42 percent year-over-year increase in Chevrolet Sonic sales (compared with the Aveo), a 54 percent increase in Chevrolet Cruze sales, a 20 percent increase for the Chevrolet Camaro and a 13 percent increase for the Chevrolet Malibu. The Chevrolet Volt sold more than 1,500 units, making December its best month ever.

Other highlights include double-digit sales increases for the Cadillac SRX, Chevrolet Avalanche, Colorado, Silverado, Tahoe and Suburban, and the GMC Yukon XL. In addition, Chevrolet Equinox had its best sales month of the year in December.

GM ended December with about 580,000 units in dealer stock, including approximately 180,000 full-size pickup trucks, as planned.

GM expects full-year 2012 light vehicle sales to be in a range of 13.5 million to 14.0 million units. In previous years, GM’s forecasts were based on total vehicle sales, which included medium- and heavy-duty vehicles, or about 300,000 additional units.

“Over the course of the fourth quarter of 2011, clear signs emerged that U.S. consumers are more confident and that other underpinnings of our economy are either stable or slowly improving,” Johnson said. “When we add improving economic fundamentals to pent-up demand and an aging vehicle fleet, it’s now clear that auto sales should continue to grow in 2012, barring a shock to the system.”

[FenwickHockey65]

The competition...

Ford Motor Company: Up 10%, 210,140 Units Sold; Up 11%, 2,148,806 Units Sold YTD
Toyota: Up 0.36%, 178,131 Units Sold; Down 6.74%, 1,644,661 Units Sold YTD
Chrysler Group LLC: Up 37%, 138,019 Units Sold; Up 26%, 1,369,114 Units Sold YTD
Honda: 105,230 Units Sold, Down 18.81%; Down 6.76%, 1,147,285 Units Sold YTD
Nissan: Up 8%, 100,927 Units Sold; Up 15%, 1,042,534 Units Sold YTD

[Blue Maro Demon]

GREAT TO SEE! Lets keep putting the hammer down on the Competition!

[Blue Maro Demon]

http://www.pressandguide.com/article...ewmode=default

[IBM]

Where are Toyota and Honda's numbers?

[FenwickHockey65]

Posted.

[IBM]

Originally Posted by FenwickHockey65

Posted.

Thanks!

[Scrappy Doo]

Surprised to see Chrysler 26% up for the year.

[FenwickHockey65]

US Market Share Figures from LeftLaneNews...

Slicing the pie: The 10 largest automakers in the United States
1. General Motors, 19.6 percent
2. Ford Motor Company, 16.8 percent
3. Toyota , 12.9 percent
4. Chrysler, 10.7 percent
5. Honda , 9 percent
6. Hyundai Group, 8.9 percent
7. Nissan , 8.2 percent
8. Volkswagen , 3.5 percent
9. BMW , 2.4 percent (estimate)
(tie) 10. Daimler, 2.1 percent (estimate)
(tie) 10. Subaru , 2.1 percent

[a_Username]

I'm assuming they don't have worldwide figures yet? It'd be interesting to see if GM came on top.

[DGthe3]

Originally Posted by a_Username

I'm assuming they don't have worldwide figures yet? It'd be interesting to see if GM came on top.

Its a pretty safe bet. The real question is who came in 2nd: Toyota or Volkswagen.