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June U.S. General Motors Sales Up 11%

Chevrolet, Buick, GMC, Cadillac Increase 36%, but not enough to offset the lost sales from the now defunct four brands.

by on Jul.01, 2010

GM hasn't stopped the sales loss caused by closed brands. New models are strong, though.

Dealers for General Motors delivered 195,380 vehicles in June compared with 176,574 one year ago when it was in bankruptcy, a gain of 10.7%.

It remains in the Number One Spot in U.S. sales. by a healthy margin.

However, in May of this year GM sold  222,000 vehicles, so June represented a setback in what was a slow recovery in vehicle sales.

Year-to-date, GM sold 1,080,521, or 13% more than the corresponding year earlier period. The industry is up 17% for the same period.

This is 17,022 fewer units CYTD than 2009, when the now cancelled Hummer, Pontiac, Saab and Saturn brands were still operating. The overall market is up 17% YTD through May. Therefore, GM  is lagging the movement in the market.

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Unspun Numbers!

GM prefers to cut the numbers differently, pointing out that June sales for Chevrolet, Buick, GMC and Cadillac increased by a combined 36% to 194,828 units in the United States. This is the sixth straight month in which sales for GM’s remaining brands increased year-over-year by more than 20%.

Year-to-date sales for the four brands also have risen 32% to 1,069,577 units – an increase of 258,368 units compared to last year.

(more…)