DETROIT – General Motors Co. (NYSE: GM) dealers delivered 9,714,652 vehicles around the world in the 2013, up 4 percent compared with 2012. Among GM’s top five global markets by volume, China and the United Kingdom posted the largest year-over-year sales increases on a percentage basis, with each up 11 percent. GM’s China sales set a new full-year record. Sales in the United States increased 7 percent.

“A healthy auto market in the United States and China, and very successful product launches at all of our brands worldwide drove GM’s growth in 2013 and helped us navigate difficult conditions in Europe and parts of South America and Asia,” said Dan Ammann, GM executive vice president and chief financial officer.

Ammann, who has been named president of General Motors, will discuss the company’s outlook and strategy at the 2014 Global Auto Industry Conference hosted by Deutsche Bank on Wednesday, January 15, in Detroit. GM’s presentation will begin at approximately 7:30 a.m. EST followed by a Q&A session.

A live webcast of the presentation will be available here. Presentation materials will be posted in the Investor section of gm.com shortly before the webcast.

Going forward, GM plans to announce its global sales on a quarterly basis using this new template as part of the company’s effort to provide insightful and easily accessible information about its global growth strategy.

Highlights (vs. 2012)

• Chevrolet sold a record 4,984,126 vehicles in 2013, an increase of 19,304 from the previous record set in 2012. Key product launches included the Silverado, named the 2014 North American Truck of the Year, and the Corvette Stingray, named the 2014 North American Car of the Year.
• Cadillac’s global sales were up 28 percent. The brand ended 2013 as the fastest-growing full-line luxury brand in the United States, with sales up 22 percent following the introductions of the all-new XTS and ATS. In China, Cadillac’s sales grew 67 percent to a record 50,005 vehicles. Cadillac broke ground on a new assembly plant in China last year and plans to add one new model per year in the country through 2016.
• Buick’s global sales were up 15 percent as it introduced redesigns of the LaCrosse and Regal in all of its major markets and added new models in North America, including the Encore crossover. Dealers delivered 1,032,331 vehicles for the best year in the brand’s 110-year history. The previous record of 1,003,345 vehicles sold was set in 1984, before the brand entered the China market.
• Opel/Vauxhall sold more than 1 million vehicles globally and delivered a slight increase in European market share to the mid-5 percent range, its first in 14 years, following the successful launches of the Mokka and ADAM.

 

GM’S U.S. DEALERS DELIVER 2.8 MILLION VEHICLES IN 2013

DETROIT – General Motors Co. (NYSE: GM) dealers delivered 2.8 million vehicles in the United States in 2013. Retail sales increased 11 percent and total sales were up 7 percent compared with 2012.

Dealers delivered 230,157 vehicles in December, down 6 percent versus a year ago. Retail sales were down 6 percent and fleet sales were down 9 percent.

“2013 was the year that GM and the auto industry put the last traces of the recession in the rearview mirror, so now we can devote our full attention to the things that matter most to customers: compelling design, world-class quality and delivering the best ownership experience in the business,” said Kurt McNeil, vice president, U.S. sales operations. “GM has laid a strong foundation to pursue all of these goals. We have announced more than $10 billion in capital investments in the United States since 2009 and plowed billions more into R&D to refresh our product portfolio at twice the rate of the last few years.”

Major upcoming launches include all-new large SUVs for Cadillac, GMC and Chevrolet, the award-winning Cadillac ELR and all-new heavy-duty and mid-size pickups for Chevrolet and GMC.

In addition, GM will begin the industry’s largest deployment of high-speed mobile broadband later this year. Additional details will be released at the Consumer Electronics Show in Las Vegas next week.

2013 Highlights (versus 2012)

• GM became the first American auto company in history to top the J.D. Power Initial Quality Study, with eight individual model awards, including five for Chevrolet.
• Chevrolet redesigned iconic products, including the Silverado 1500, Corvette and Impala, all of which won numerous awards for product excellence.
• Cadillac finished the year as the industry’s fastest-growing full-line luxury brand.
• Buick had its best sales year since 2006 as the brand expanded into new segments with the Verano sedan and the Encore small crossover.
• The all-new Chevrolet Silverado 1500 and GMC Sierra 1500 helped the company increase its full-size pickup sales by 14 percent.
• GMC sales were the strongest since 2007, and the Sierra now has the highest average transaction prices of any full-size pickup truck line in the industry, according to J.D. Power PIN estimates.
• Overall, GM’s share of the $40,000 and up light-duty pickup segment, which is about one-third of the market, has increased 7 percentage points to 36 percent.
• Combined sales of GM’s mini, small and compact cars increased by 10 percent, bolstered by best-ever sales of the Chevrolet Sonic and Cruze, and a remarkable year for the new Chevrolet Spark, which saw more than 34,000 deliveries.
• Crossover deliveries were strong all year long, increasing by 14 percent. New products like the Buick Encore drove the growth along with stalwarts like the Chevrolet Equinox and GMC Terrain, which had their best sales years ever.  The GMC Acadia and Buick Enclave also had their best years ever.

December Sales Highlights (vs. 2012)

• Sales in the fourth quarter increased 6 percent and December’s volume was the highest since August.
• The Chevrolet Corvette had its best December sales since 2006.
• The redesigned Chevrolet Malibu and the all-new Impala were up 33 percent and 10 percent, respectively.
• Crossover and SUV sales were strong, with the Chevrolet Traverse and Tahoe, and the GMC Acadia and Yukon XL all posting higher sales. The Acadia was up 53 percent, for its best-ever December.
• Small business customers took delivery of 26,231 vehicles in December up 20 percent. For the year, small business deliveries were up 35 percent.

“December started a little slow but sales were stronger later in the month, especially in the week between Christmas and New Year’s,” McNeil said.  “We didn’t make any big changes to our ‘go-to-market’ strategy during the month, which is to offer competitive incentives and market aggressively, and we are carrying good momentum heading into January.”

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.

 

BUICK SETS GLOBAL SALES RECORD TOPPING 1 MILLION IN 2013

DETROIT– Buick delivered 1,032,056 vehicles in China, the United States, Canada and Mexico in 2013, the most Buicks sold in a single year in the brand’s 110-year history. The previous record was 1,003,345 sold in 1984.

Strong growth in both China and North America accounted for the record-breaking year, with global sales up 15.4 percent over 2012. China posted a 15.7 percent sales gain, while the U.S. delivered a 13.9 percent sales increase. Canada also saw strong sales growth, with a 9.5 increase over 2012. In the U.S., 42 percent of Buick buyers were new to the brand and to General Motors.

Buick experienced strong global growth in both crossovers and sedans from a product lineup that is among the freshest in the industry and the strongest the brand has ever featured.

The new Encore small crossover ended 2013 with 97,311 sales globally, while the eight-passenger Enclave saw sales grow 6.5 percent in North America. Enclave recorded its best year of U.S. sales in 2013.  Exclusive to China, the GL8 posted an annual sales gain of 9.7 percent.

In the sedan segment, the China-exclusive compact Excelle again dominated in the compact sedan segment, delivering 6.9 percent sales growth. The Excelle GT and Verano compact sedans combined globally to deliver a 16.3 percent gain, while sales of the Excelle XT hatchback, sold only in China, were up 17.5 percent.

Country	2013 Volume	2012 Volume	Percent Change
China	809,918	700,007	15.7
United States	205,509	180,408	13.9
Canada	14,310	13,068	9.5
Mexico	2,319	1,122	106.6
Total	1,032,056	894,605	15.4

 

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, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling brands.