GM’S U.S. SALES UP 11 PERCENT

DETROIT – General Motors Co. (NYSE: GM) sold 237,646 vehicles in the United States in April, up 11 percent compared with a year ago. Retail sales increased 10 percent, fleet sales were up 16 percent and the fleet mix was 28 percent of total sales.

“Car-buying conditions are strong and will continue to release pent-up demand,” said Kurt McNeil, vice president of U.S. sales operations. “We’re very optimistic because GM’s market share is growing, the economy continues to move forward and important car and truck launches are just getting underway.”

Chevrolet dealers began receiving their first shipments of the all-new 2014 Impala in mid-April, and the all-new 2014 Chevrolet Silverado 1500 and GMC Sierra 1500 crew cabs will begin arriving in dealerships in the summer. Buick is launching redesigns of the Regal and LaCrosse in late summer and Cadillac will launch an all-new CTS luxury sedan in the fall.

April Highlights (vs. 2012)

  • All four GM brands posted higher total and retail sales.
  • Crossovers were up 14 percent; trucks, which include pickups, vans and SUVs, were up 17 percent; and car sales were up 6 percent.
  • Large pickups were up 23 percent.
  • Strong sales of the all-new Chevrolet Spark and double-digit sales increases for the Buick Verano , the Chevrolet Sonic and the Chevrolet Cruze drove a 31 percent increase in sales of GM mini, small and compact cars.
  • The new Chevrolet Malibu achieved its best sales and retail segment share since launch.
April Highlights Total Sales YOY Change Retail Sales YOY Change
Chevrolet 172,460 10.9% 115,173 9.0%
GMC 34,799 6.7% 29,720 8.0%
Buick 17,157 11.1% 14,928 10.3%
Cadillac 13,230 34.3% 11,683 24.5%
Total GM 237,646 11.4% 171,684 9.9%

Calendar Year to Date Highlights (vs. 2012)

  • Cadillac was the industry’s fastest-growing brand in the first quarter, and April’s results bring the brand’s year-to-date sales increase to 37 percent.
  • Through April, Buick total sales are up 23 percent. Retail sales are up 19 percent and have increased for 12 consecutive months.
  • Sales to small business customers totaled 57,030 units, which is up 32 percent.
  • Chevrolet had its best-ever year-to-date crossover sales, driven by a 14 percent increase for Equinox and an 18 percent increase for the redesigned Traverse.
  • GM’s large pickup sales are up 21 percent and GM’s estimated retail segment share is up more than 1 percentage point and its total share is up almost a point.
  • GM’s fleet mix is 26 percent.
CYTD Highlights Total Sales YOY Change Retail Sales YOY Change
Chevrolet 642,164 6.4% 435,094 6.9%
GMC 139,726 12.2% 121,060 13.1%
Buick 67,777 22.7% 58,216 19.0%
Cadillac 55,942 37.1% 49,887 26.7%
Total GM 902,609 9.8% 664,257 10.3%

 

Inventory Units @
April 30
Days Supply (selling day adjusted) Units @
March 31
Days Supply
(selling day adjusted)
All Vehicles 720,699 76 743,786 82
Full-size Pickups 228,524 103 239,718 117

 

Industry Sales April SAAR (est.) Calendar Year (est.) GM Full Year Forecast
Light Vehicles 15.0 million range 15.2 million 15.0 – 15.5 million range

 

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