GM NOVEMBER SALES DOWN 2%, 151,427 UNITS SOLD

[FenwickHockey65]

GM Reports 151,427 Total Sales in November
Retail Sales for Buick, Cadillac, Chevrolet and GMC Up 10 Percent
Link to Press Release

December 1, 2009

DETROIT – GM dealers in the U.S. delivered 151,427 vehicles in November. While this represents a decline of 2 percent compared with November 2008, GM retail sales were up 1 percent for the month. Total sales for Chevrolet, Buick, GMC and Cadillac were up 6 percent vs. the prior year. Retail sales for these brands were up 10 percent vs. the prior year, and currently represent 94 percent of GM’s retail sales performance.

“Consumer interest in our launch vehicles remains solid,” said Susan Docherty, GM vice president, U.S. Sales. “We’re working to strengthen our Chevrolet, Buick, GMC and Cadillac brands by providing cars, crossovers and trucks with the sales and service experience that our customers deserve. We have more to do, but we’re committed to earning consideration and future sales by delivering great products in every segment.”

November quick facts:

* Combined retail sales of Buick, Cadillac, Chevrolet and GMC represented 94 percent of GM retail sales, up from 86 percent in November 2008
* Total GM retail sales increased 1 percent when compared with the prior year
* Retail sales for Buick, Cadillac, Chevrolet and GMC increased 10 percent for the month compared with November 2008
* Retail sales of our six launch vehicles comprised 22 percent of total GM retail sales, more than one out of five retail sales, and volume was 6 percent higher than last month
* Retail sales of Buick, Cadillac, Chevrolet and GMC Crossover launch vehicles were up 140 percent vs. a year ago compared with the vehicles they replace
* Combined retail sales of crossovers and cars were 60 percent of GM retail sales for the month, compared with 46 percent in November 2008 – the eighth month at this level in 2009
* Total sales for GM full-size pickup trucks were down 24 percent for the month, compared to November 2008
* Fleet sales declined 9 percent vs. November 2008


Chevrolet key facts:

· Chevrolet retail sales were up 10 percent for the month compared with a year ago – the second consecutive monthly retail sales gain

· Chevrolet passenger car retail sales were up 41 percent vs. November 2008, led by Aveo (up 94 percent), and Malibu (up 34 percent)

· Traverse retail sales were up 154 percent compared with November 2008

· Equinox retail sales were up 247 percent compared with last year, and up 27 percent calendar year-to-date

· Camaro retail sales were 6,827 – the sixth consecutive month above 6,000 and higher than Ford Mustang

Buick key facts:

· Buick retail sales were up 33 percent compared with a year ago

· LaCrosse retail sales were up 238 percent compared with November 2008

· Enclave retail sales were up 33 percent compared with November 2008

GMC key facts:

· GMC retail sales were up 6 percent vs. November 2008

· Terrain retail sales of 3,514 were 418 percent higher compared with last year for the vehicle it replaces (Pontiac Torrent)

· Acadia retail sales were up 17 percent compared with November 2008

Cadillac key facts:

· Cadillac retail sales were up 2 percent and total sales were up 10 percent compared with November 2008 - the second consecutive month of retail and total sales gains

· SRX retail sales were 361 percent higher vs. the prior year

· SRX retail sales are up 5 percent calendar year-to-date through November

Other Brands Sold 11,755 Total Vehicles in November

As a percent of total GM sales, these brands represented 8 percent of sales, compared with 15 percent in November 2008.

Management Discussion of November Sales Results

“We continue to be encouraged by the latest information which shows the U.S. economy strengthening,” said Mike DiGiovanni, executive director, Global Market and Industry Analysis. “For example, we estimate that housing starts will probably rise to about 600,000 to 650,000 by the end of 2010, which will have a positive effect on the economy and will also help support improvement in light-duty pickup truck sales.”

Link with Sales Chart

[FenwickHockey65]

The Competition:

Toyota: Up 2.6%, 133,700 units sold
Ford: Unchanged, 118,536 units sold
Honda: Down 5.5%, 74,003 units sold
Chrysler: Down 25%, 63,560 units sold
Nissan: Up 20.78%, 56,288 units sold
BMW: Down 7.54%, 18,272 units sold

[FxsX24]

another good month for the general!

[SleepWarz]

So how does every division gain sales and overall its a loss.... makes no sense....
EDIT: Nevermind. Learned to read.

[FenwickHockey65]

Originally Posted by SleepWarz

So how does every division gain sales and overall its a loss.... makes no sense....

GM still factors non-core brands into the final sales report.

[Angrybird 12]

Originally Posted by FenwickHockey65

GM still factors non-core brands into the final sales report.

Other Brands Sold 11,755 Total Vehicles in November
As a percent of total GM sales, these brands represented 8 percent of sales, compared with 15 percent in November 2008.

[SleepWarz]

Originally Posted by FenwickHockey65

GM still factors non-core brands into the final sales report.

That and they were comparing it to last years november.

[DGthe3]

Saw this on autoblog. I hope Chrysler Corp survives. All the other major manufacturers posted an increase in daily sales rate, yet they were down 19%. Also, using daily sales rate, GM posted an increase of 6.3%.

One thing that I found very interesting is that the two brands at opposite extremes for size both posted the largest declines, Smart is down 70% while Hummer was down a whopping 85%.