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GM Truck Sales Exceeding Maker’s Expectations

Both old and new models commanding higher prices than forecast.

by on Aug.15, 2013

GM's 2014 pickups could add a billion dollars to its bottom line, according to one forecast.

As it sells off its old full-sized pickups while ramping up production of two all-new models, things are going markedly better than forecast, according to several top General Motors executives, with sales exceeding expectations and the old truck commanding a higher price than planned.

The overall U.S. market has been rebounding faster than almost anyone has expected this year, with sales now forecast to reach or exceed 15.5 million for all of 2013, about 1 million more than last year. And full-size pickups have been leading the charge, the segment up more than 20% for the past seven months.

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But GM pickup sales surged a whopping 44% in July compared to year-earlier numbers, with the outgoing 2013 model accounting for 85% of total volume for the month.

“It’s a nice transition,” said Chris Perry, general marketing manager for the Chevrolet Division which markets the most popular of GM’s two full-sized trucks, the Silverado. The other model is the GMC Sierra.

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Silverado Roll Out On Track

GM focuses on phased transition to 2014 model.

by on May.10, 2013

The transition to the 2014 Chevy Silverado is moving rapidly with new models shipping in a few weeks.

General Motors’ big switch is in full swing as it brings out its new family of Chevrolet pickup trucks.

The GM assembly plant in Silao, Mexico, is already building the 2014 Silverado Crew Cab, and should begin shipping them in next few weeks, GM executives said this week.

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“We’re putting them through some extra quality gates to make sure they’re ready,” said Chris Perry, GM vice president of Chevrolet Marketing, adding the Silverado accounted for 24.3% of Chevrolet’s sales in the U.S. last year.

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New Full Size Pickup Trucks at GM Are a Go

UAW claims Silverado and Sierra models will be redone.

by on Jan.19, 2010

Many UAW jobs were lost when the pickup truck and full-size SUV market collapsed.

New confirmation has emerged indicating that General Motors expects to bring out a replacement for its current full-size pickup trucks in the 2012-2013 period.

It was the large investment in the current Chevrolet Silverado and GMC Sierra models, along with the gas guzzling body-on-frame SUVs derived from them that, arguably, finally forced GM into insolvency in the fall of 2008 after gas prices soared and the economy collapsed because of the reckless, uncontrolled practices of Wall Street financiers.

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Trucks!

Sources inside the United Auto Workers union are telling TheDetroitBureau.com that GM has already begun laying the ground for awarding key contracts for components on the next generation pickup trucks.  (more…)