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Posts Tagged ‘GM sales’

Global GM Sales Slip 1.3% for First 9 Months of 2015

But maker counters that sales rose in most key regions.

by on Oct.15, 2015

GM wants to build the best cars, not sell the most cars, says CEO Mary Barra.

General Motors sold 7.15 million cars, trucks and crossovers around the world during the first nine months of 2015. That was down 1.3% compared to the same period the year before.

The Detroit giant pointed to a number of problems it faced during the first three quarters, including a weakening market in China, as well as economic problems in South America. If anything, GM officials see the glass as more than half full, noting sales actually increased in four of the world’s largest markets, including the United States.

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“Our unwavering focus on the customer is paying off in our largest and most important markets as we execute one successful launch after another in the right segments,” said GM President Dan Ammann. “At the same time, we have reacted quickly to challenging macroeconomic environments in other markets and have shown the discipline to exit situations where we see no long-term path to acceptable returns.”


Luxury Utilities, Crossovers Push July Auto Sales to New Heights

Month finishes near 18-million-unit sales pace.

by on Aug.03, 2015

Small crossovers did well in July and so did Buick, which posted an 18% sales increase led by the Encore.

New vehicle sales remained robust as carmakers continued to post year-over-year gains in a market where the seasonally adjusted annual rate of sales, or SAAR, inched towards 18 million units.

General Motors, Chrysler, Ford, Nissan, Lexus, Audi, Subaru and Volkswagen all posted sales increases for July as the industry sales continued at their best tempo in more than a decade.

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GM posted a 6% increase, which included the best July results for the maker’s four brands combined since 2007. The month was paced by an 18% increase in Buick sales and an 8% increase in Chevrolet sales. Chevrolet’s results included a 24% increase in pickup, van and SUV sales, and the brand’s best July crossover sales ever.  (more…)

June Auto Sales Hit Record Levels

Crossovers, trucks, sport-utes continue leading charge.

by on Jul.01, 2015

The 2015 Lincoln Navigator sales boomed in June, rising 39% and helping Ford to an overall sales increase of 2% last month.

New vehicle sales continued their torrid pace for in the U.S. in June, helping the auto industry finished up the best six months in a decade with a slew of automakers posting sales increases or logging manufacturers sales records.

General Motors, FCA US, Ford, Nissan, Toyota, Audi, Volkswagen and Mazda all reported sales increases in the buoyant market lifted by strong demand for trucks and utility vehicles.

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FCA US LLC posted an 8% increase compared with sales in June 2014 and the group’s best June sales since 2006 and recorded its 63rd-monthly sales increase in a row. (more…)

April Showers Automakers with Demand for Trucks, Crossovers

Many makers setting new records during the month.

by on May.01, 2015

Ford President Joe Hinrichs is thumbs up with good reason: F-150 sales were up 8% in April, helping Ford to a 5% jump for the month.

April showers resulted in a surge of buyers looking for new trucks and crossovers, which benefitted the bottom lines of nearly every automaker.

Ford finally broke out of something of a sales slump in April as it posted a 5% sales increase and General Motors, Fiat Chrysler, Nissan, Toyota and Audi all reported gains as sales of new vehicles boomed with the beginning of spring.

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The Dearborn, Michigan-based company said retail sales in April were the best in nine years. (more…)

Global Sales Wars Heating Up: GM Sells 2.4 Million in Q1

First quarter results up 2% from year-ago period.

by on Apr.21, 2015

General Motors sold 2.4 million vehicles globally in the first quarter of 2015, up 1.9% compared to a year ago.

General Motors is hanging on by a thread when it comes to the competition for the title “World’s Largest Automaker” as the Detroit-based automaker sold 2.42 million vehicles in the first quarter of this year.

The company, which was the third-largest maker last year behind Toyota and Volkswagen, rode strong sales in China to a 1.9% global increase on a year-over-year basis.

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“The momentum our brands are building in China, the U.S. and Western Europe more than offset difficult conditions in some other large markets like Russia and Brazil,” said GM CEO Mary Barra in a statement. (more…)

Automakers Enjoy Strong February Sales Despite Cold Weather

Truck, SUVs continue to report strong results.

by on Mar.03, 2015

Nissan's Sentra saw sales increase 24% in February. Most early reporting automakers saw sales increases in last month.

Good news for automakers in February: U.S. consumers still wanted to buy new cars, trucks and sport-utility vehicles despite the frigid weather conditions that prevailed across much of the country. Most automakers reporting sales early today managed to post modest sales increases for the month of February.

General Motors, FCA US, Toyota, Nissan and Infiniti all reported sales increases while Ford announced modest 2% drop in sales and the Volkswagen brand saw its sales drop by 5%

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Reid Bigland, head of U.S. Sales for FCA, said Chrysler, Jeep, and Ram Truck brands each posted year-over-year sales gains in February as FCA sales increased 6% compared with the same month a year ago. The Jeep brand’s 21% increase was the largest sales gain of any FCA US brand during the month and its best February sales ever. The group extended its streak of year-over-year sales gains to 59 consecutive months. (more…)

January Car Sales Jump Despite Winter Storms

Makers seeing double-digit increases last month.

by on Feb.03, 2015

GM posted a double-digit sales increase for January as its midsize pickups continue to be hot sellers.

Despite some harsh the harsh winter weather across a substantial portions of the U.S., new vehicle sales got off to a fast start in 2015 with Chrysler, Ford, General Motors and Nissan all reported double-digit sales increase sales during January as sales of trucks and utility vehicles continued to gain momentum.

GM reported its best January sales in seven years. Total sales were up 18% compared to a year ago. Retail sales were up 14% and fleet deliveries were up 32%.

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“Consumers feel very good because more people are working, the U.S. economy is expanding and fuel prices are low,” said Kurt McNeil, U.S. vice president of Sales Operations. (more…)

Toyota Could Lose Sales Lead to VW This Year

Japanese giant plagued by problems in China.

by on Jan.26, 2015

A Toyota dealership in China was burned in 2012. Weak demand there could let VW pass the Japanese giant.

Toyota’s worldwide sales surged 3% last year, once again positioning the Japanese giant as the world’s top-selling automotive manufacturer. But with Toyota officials glumly anticipating a modest decline in 2015, the Japanese maker could cede leadership to its ambitious German rival Volkswagen AG.

Assign credit – or blame, if you prefer – to China. VW continues to dominate the world’s largest automotive market even while Toyota struggles to gain traction there. Japanese makers, in general, have had serious problems making headway in China, especially after tempers flared due a dispute between the two Asian nations over ownership of a chain of strategically placed islands.

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At one point, rioters burned a Toyota dealership and damaged 100s of Japanese vehicles. Sales have only slowly begun to recover, but Toyota’s sales in China are still barely a third of those of the market’s top two manufacturers, Volkswagen and General Motors.


Toyota Takes Top Sales Spot in 2014

VW, GM look to make up ground and grab lead in 2015.

by on Jan.21, 2015

Toyota is the world's biggest selling automaker in 2014 with 10.23 million vehicles sold around the world.

The contest to see which automaker is king of the global sales mountain ended today with Toyota declared the winner with 10.23 million vehicles sold in 2014.

Volkswagen, which is attempting to capture the crown by 2018, came in second with 10.14 million units sold: a 4% increase over 2013. General Motors, which had held the title for decades, is third place with 9.92 million, which is a 2% jump.

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However, Toyota’s time atop the mountain is likely to end in 2015. The automaker predicted its global sales will drop in 2015 to 10.15 million units. While that may seem like an opportunity for VW to slide into the top spot this year, its U.S. sales have been sluggish. (more…)

GM’s Barra “More Impatient…More Determined”

CEO lays out strategy for 2015; zero defects, more trucks – but more green cars, as well.

by on Jan.08, 2015

GM CEO Barra, "less patient." than before.

It was a “year of great disappointment, but also a year of great progress,” said General Motors CEO Mary Barra as she summed up her first, tough year on the job and outlined the challenges and goals she is facing for 2015.

The first female CEO of a major global automaker, Barra took on her new role just weeks before GM announced the recall of 2.6 million vehicles equipped with faulty ignition switches now linked to the deaths of at least 42 people. That was clearly apparent in the comments the 53-year-old Barra made, stressing her intent to turn GM into a “zero-defects company.”

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On a personal level, the GM CEO said the events of the last year have made her “more impatient and more determined” to deal with a corporate bureaucracy that had, in the past, made it difficult to achieve any real change – and which led to not just the recall crisis of 2014 but the GM bankruptcy five years earlier.