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US New Vehicle Sales Continue to Tumble in June

Domestic makers take it on the chin.

by on Jul.03, 2017

While GM sales were down 4.7% for June, its wildly popular crossover, the Equinox, saw sales jump 36%.

Sales of new vehicles continued to sputter in June with General Motors, Fiat Chrysler and Ford reporting sales declines while rivals such Toyota, American Honda and Nissan posted meager gains as the industry struggled to match last year’s record pace.

Fiat Chrysler Automobiles N.V. reported sales dropped 7% in June compared with sales in June 2016. Much of the decline could be traced to a decline in sales of Jeep-brand products. With key model changeovers underway, Jeep sales dropped 11% in June and are down 13% during the first half of 2017. So far this year, FCA sales have dropped 7%.

News Now!

In June, retail sales of 139,947 units were down 5% compared with the same month in 2016, and represented 75% of total sales. In line with FCA’s strategy to reduce sales to the daily rental segment, fleet sales of 47,401 units were down – as expected – 15% year over year. The largest planned volume reduction in June fleet sales came from the Jeep brand, which reduced its fleet sales number by 49% year over year. (more…)

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…)