Chevrolet-Buick-GMC-Cadillac Sales Up 25 Percent in July 2010
-- Steady progress in rebuilding sales one year after launch of new GM
-- Calendar-year-to-date sales for GM's four brands up 31 percent
-- Tenth month in a row that GM's four brands have increased retail and
total sales
-- Strong Buick and Cadillac sales show balance of GM brand portfolio
DETROIT - August 3, 2010: July sales for Chevrolet, Buick, GMC and Cadillac increased by a combined 25 percent to 199,432 units. Buick and Cadillac brands each sold more than twice as many vehicles in July, compared with the same month a year ago.
July marks the 10th straight month in which total and retail sales for GM's brands increased year-over-year, demonstrating the continued strengthening of each brand in the marketplace as GM continues to rebuild momentum a year after its launch as a new company.
"When we say we want to design, build and sell the world's best vehicles, we're not talking about just one vehicle, one brand, or one month," said Don Johnson, vice president, U.S. Sales Operations. "Our July results again reflect that each of our brands has contributed significantly to our gains.
"The size and scope of the U.S. market demands a strong portfolio of well-targeted brands," Johnson said. "The success of Chevrolet, Buick, GMC, and Cadillac month in and month out, indicates that the new GM's brand strategy is sound."
Buick sold 16,799 vehicles in July, a 137-percent increase over last year. Cadillac delivered 14,919 units, up 142 percent over July last year. These are the highest sales totals for the two brands since August 2008. Chevrolet total sales in July increased 12 percent compared to July last year, and GMC total sales were up 27 percent compared with the same month last year.
GM's newest vehicles including Chevrolet Camaro and Equinox, Buick LaCrosse and Regal, GMC Terrain, and Cadillac SRX, CTS Coupe and CTS Wagon continue to contribute significant sales gains. Total combined sales for these vehicles were up 77 percent in July and are up 211 percent yeartodate.
GM further strengthened its position as the industry leader in crossover sales. Total combined sales in July for the Chevrolet Equinox, HHR and Traverse, Buick Enclave, GMC Terrain and Acadia, and Cadillac SRX increased 41 percent in July and have risen 73 percent so far this year.
Combined total sales for GM's full-size pickups, the Chevrolet Silverado and Avalanche, and the GMC Sierra, were up 22 percent during the month, with year-to-date sales 14 percent higher than a year ago.
Year-To-Date Gains Reflect Balanced Contribution of Brands
Year-to-date total sales for GM's four brands have risen 31 percent to 1,269,009 units, while retail sales for GM's brands have risen 18 percent - outpacing the industry.
"Our four brands have sold 125,210 more vehicles this year than our former company sold with eight brands during the same period last year," Johnson said. "This gain has been a result of solid consumer demand across our lineup of cars, trucks, and crossovers."
Chevrolet has led the increase with total sales 28 percent higher through July, compared to 2009. Retail sales for Chevrolet have increased 12 percent for the year, propelled by the strong retail sales of the Chevrolet Malibu, Camaro, Silverado, Equinox, and Traverse, which are up a combined 33 percent for the year.
Buick remains one of the industry's fastest-growing brands, with total sales 60 percent higher than 2009 through July. In the first seven months of the year, retail sales of Buicks have increased 41 percent on the strength of LaCrosse and Enclave which are up 175 and 14 percent, respectively.
GMC total sales through July are 28 percent higher than 2009. The brand's retail sales have increased 30 percent yeartodate on the strength of the GMC Terrain, Sierra and Acadia - up 326 percent, 13 percent and 21 percent respectively.
Total sales for Cadillac are up 46 percent for the year through July. Retail sales for the brand are 32 percent higher this year, with the all-new Cadillac SRX surging 487 percent - leading it to gain the most market share in the luxury crossover segment so far this year.
Month-end dealer inventory in the U.S. stood at about 424,000 units, which is about 15,000 units below June 2010, and about 43,000 lower than July 2009.
July Key Facts and Brand Results:
-- Tenth consecutive month of total and retail sales gains for GM's four
brands.
-- Seventh consecutive month that sales for Chevrolet, Buick, GMC, and
Cadillac have increased by 20 percent or more.
-- Tenth consecutive month that GM crossovers have increased by more than
30 percent.
-- Sixth month in a row of total sales improvement for GM's full-size
pickups.
-- Fifth consecutive month of double-digit retail sales increases for
GM's brands.
-- Tenth consecutive month of retail sales increases for GM passenger
cars.
-- Chevrolet: Chevrolet delivered 139,916 vehicles in July, a 12 percent
gain year-over-year. Year-to-date total sales are up 28 percent.
-- Buick: Buick posted a 137 percent sales increase in July compared to
the same month last year. Driven by customer demand for the LaCrosse
and all-new Regal, retail sales rose 104 percent.
-- GMC: GMC reported a 27 percent increase in total sales in the month of
July, compared to the same month last year. This includes a 29 percent
increase in retail sales, marking 10 consecutive months of
year-over-year retail sales gains for GMC.Cadillac: Total sales for
July were 142 percent higher than last July. Retail sales increased
123 percent on the strength of consumer demand for the SRX, which
posted its best month since it was introduced in 2003.
-- Fleet sales for GM's four brands were 50,048 for the month.
GM U.S. Deliveries for July 2010 - Divisional Brand Level *S/D Curr: 27 July ------------- ---- % Chg %Chg per *S/D Prev: 26 2010 2009 Volume S/D ------------- ---- ---- ------ --------- Vehicle Total 199,692 189,443 5.4 1.5 Brand Total 199,432 160,078 24.6 20.0 Other Brand Total 260 29,365 -99.1 -99.1 ----------------- --- ------ ----- ----- GM Vehicle Deliveries by Marketing Division ------------------------ %Chg %Chg per 2010 2009 Volume S/D ---- ---- ------ --- Buick Total 16,799 7,099 136.6 127.9 Cadillac Total 14,919 6,171 141.8 132.8 Chevrolet Total ** 139,916 124,948 12.0 7.8 GMC Total ** 27,798 21,860 27.2 22.5 Brand Total 199,432 160,078 24.6 20.0 HUMMER Total 210 799 -73.7 -74.7 Pontiac Total 20 22,024 ***.* ***.* Saab Total 0 574 ***.* ***.* Saturn Total 30 5,968 -99.5 -99.5 Other Brand Total 260 29,365 -99.1 -99.1 ----------------- GM Vehicle Total 199,692 189,443 5.4 1.5 ---------------- ------- ------- --- --- (Calendar Year-to-Date) *S/D Curr: 27 January - July ------------- --------------- %Chg *S/D Prev: 26 2010 2009 Volume ------------- ---- ---- ------- Vehicle Total 1,280,213 1,143,799 11.9 Brand Total 1,269,009 971,287 30.7 Other Brand Total 11,204 172,512 -93.5 ----------------- ------ ------- ----- GM Vehicle Deliveries by Marketing Division ------------------------ %Chg 2010 2009 Volume ---- ---- ------- Buick Total 86,831 54,322 59.8 Cadillac Total 79,704 54,754 45.6 Chevrolet Total ** 922,359 721,880 27.8 GMC Total ** 180,115 140,331 28.4 Brand Total 1,269,009 971,287 30.7 HUMMER Total 3,139 6,990 -55.1 Pontiac Total 947 110,818 -99.1 Saab Total 608 5,960 -89.8 Saturn Total 6,510 48,744 -86.6 Other Brand Total 11,204 172,512 -93.5 ----------------- GM Vehicle Total 1,280,213 1,143,799 11.9 ---------------- --------- --------- ---- * Twenty-seven selling days for the July 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 July 2010 by Model July ---- %Chg % Chg per 2010 2009 Volume S/D ---- ---- ------ ----- Selling Days (S/D) 27 26 ------------------ --- --- Enclave 5,039 3,797 32.7 27.8 LaCrosse 7,047 1,468 380.0 362.3 Lucerne 3,010 1,834 64.1 58.0 Rainier 0 0 ***.* ***.* Regal 1,703 0 ***.* ***.* Rendezvous 0 0 ***.* ***.* Terraza 0 0 ***.* ***.* Buick Total 16,799 7,099 136.6 127.9 ----------- ------ ----- ----- ----- CTS 5,516 2,383 131.5 122.9 DTS 1,207 901 34.0 29.0 Escalade 1,252 1,068 17.2 12.9 Escalade ESV 762 569 33.9 29.0 Escalade EXT 195 175 11.4 7.3 SRX 5,723 648 783.2 750.5 STS 259 358 -27.7 -30.3 XLR 5 69 -92.8 -93.0 Cadillac Total 14,919 6,171 141.8 132.8 -------------- ------ ----- ----- ----- Avalanche 2,026 1,721 17.7 13.4 Aveo 4,238 4,961 -14.6 -17.7 Camaro 7,486 7,113 5.2 1.3 Chevy C/T Series 0 0 ***.* ***.* Chevy W Series 17 71 -76.1 -76.9 Cobalt 7,339 9,435 -22.2 -25.1 Colorado 2,195 3,911 -43.9 -46.0 Corvette 1,199 966 24.1 19.5 Equinox 9,869 10,834 -8.9 -12.3 Express 5,524 4,722 17.0 12.7 HHR 9,696 8,409 15.3 11.0 Impala 14,565 14,649 -0.6 -4.3 Kodiak 4/5 Series 37 322 -88.5 -88.9 Kodiak 6/7/8 Series 4 38 -89.5 -89.9 Malibu 20,458 15,339 33.4 28.4 Monte Carlo 0 0 ***.* ***.* Silverado-C/K Pickup 34,664 27,617 25.5 20.9 Suburban (Chevy) 3,708 3,281 13.0 8.8 Tahoe 6,912 4,178 65.4 59.3 TrailBlazer 2 580 -99.7 -99.7 Traverse 9,977 6,690 49.1 43.6 Uplander 0 111 ***.* ***.* Chevrolet Total 139,916 124,948 12.0 7.8 --------------- ------- ------- ---- --- Acadia 5,574 4,974 12.1 7.9 Canyon 639 1,146 -44.2 -46.3 Envoy 1 410 -99.8 -99.8 GMC C/T Series 0 66 ***.* ***.* GMC W Series 21 360 -94.2 -94.4 Savana 1,748 749 133.4 124.7 Sierra 11,910 10,465 13.8 9.6 Terrain 3,788 0 ***.* ***.* Topkick 4/5 Series 7 286 -97.6 -97.6 Topkick 6/7/8 Series 4 144 -97.2 -97.3 Yukon 2,416 1,636 47.7 42.2 Yukon XL 1,690 1,624 4.1 0.2 GMC Total 27,798 21,860 27.2 22.5 --------- ------ ------ ---- ---- Brand Total 199,432 160,078 24.6 20.0 ----------- ------- ------- ---- ---- HUMMER Total 210 799 -73.7 -74.7 ------------ --- --- ----- ----- Pontiac Total 20 22,024 ***.* ***.* ------------- --- ------ ----- ----- Saab Total 0 574 ***.* ***.* ---------- --- --- ----- ----- Saturn Total 30 5,968 -99.5 -99.5 ------------ --- ----- ----- ----- Other Brand Total 260 29,365 -99.1 -99.1 ----------------- --- ------ ----- ----- GM Total 199,692 189,443 5.4 1.5 -------- ------- ------- --- --- (Calendar Year-to-Date) January - July --------------- %Chg 2010 2009 Volume ---- ---- ------- Selling Days (S/D) ------------------ Enclave 31,286 24,673 26.8 LaCrosse 37,456 11,410 228.3 Lucerne 15,915 18,193 -12.5 Rainier 0 4 ***.* Regal 2,174 0 ***.* Rendezvous 0 9 ***.* Terraza 0 33 ***.* Buick Total 86,831 54,322 59.8 ----------- ------ ------ ---- CTS 24,601 22,942 7.2 DTS 10,221 9,011 13.4 Escalade 8,766 8,617 1.7 Escalade ESV 4,150 3,449 20.3 Escalade EXT 1,008 1,431 -29.6 SRX 28,378 4,503 530.2 STS 2,404 4,272 -43.7 XLR 176 529 -66.7 Cadillac Total 79,704 54,754 45.6 -------------- ------ ------ ---- Avalanche 11,453 8,851 29.4 Aveo 24,715 16,847 46.7 Camaro 53,864 22,510 139.3 Chevy C/T Series 8 31 -74.2 Chevy W Series 209 454 -54.0 Cobalt 84,733 61,111 38.7 Colorado 13,856 20,819 -33.4 Corvette 7,554 8,464 -10.8 Equinox 76,859 35,985 113.6 Express 33,783 31,326 7.8 HHR 47,772 39,133 22.1 Impala 104,056 93,336 11.5 Kodiak 4/5 Series 1,082 2,503 -56.8 Kodiak 6/7/8 Series 196 757 -74.1 Malibu 128,775 91,168 41.3 Monte Carlo 0 6 ***.* Silverado-C/K Pickup 201,446 177,566 13.4 Suburban (Chevy) 25,865 18,002 43.7 Tahoe 43,602 36,393 19.8 TrailBlazer 207 7,722 -97.3 Traverse 62,248 47,369 31.4 Uplander 76 1,527 -95.0 Chevrolet Total 922,359 721,880 27.8 --------------- ------- ------- ---- Acadia 40,898 32,334 26.5 Canyon 4,206 6,343 -33.7 Envoy 73 4,055 -98.2 GMC C/T Series 52 308 -83.1 GMC W Series 293 1,138 -74.3 Savana 8,387 8,263 1.5 Sierra 67,518 60,532 11.5 Terrain 30,903 3 ***.* Topkick 4/5 Series 823 1,685 -51.2 Topkick 6/7/8 Series 347 1,249 -72.2 Yukon 14,177 15,989 -11.3 Yukon XL 12,438 8,432 47.5 GMC Total 180,115 140,331 28.4 --------- ------- ------- ---- Brand Total 1,269,009 971,287 30.7 ----------- --------- ------- ---- HUMMER Total 3,139 6,990 -55.1 ------------ ----- ----- ----- Pontiac Total 947 110,818 -99.1 ------------- --- ------- ----- Saab Total 608 5,960 -89.8 ---------- --- ----- ----- Saturn Total 6,510 48,744 -86.6 ------------ ----- ------ ----- Other Brand Total 11,204 172,512 -93.5 ----------------- ------ ------- ----- GM Total 1,280,213 1,143,799 11.9 -------- --------- --------- ----