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General Motors December U.S. Sales

  • General Motors' (GM) unit sales -6.3% to 230,157 vs. the consensus estimate for a 1.5% gain.
  • All four GM brands fell off: Chevrolet -8.1%; GMC -1.8; Buick -6.6; Cadillac -0.5.
  • Models which out-performed during the month include the Chevrolet Camaro, the GMC Acadia, and the Chevrolet Malibu.
  • Fleet sales as a percentage of cars for GM dropped 50 bps to 20.9% during the month.
  • GM ended the month with 81 days supply of vehicles, compared to an eye-opening 96 days at the end of November.
Comments (14)
  • They're on their own now. Let's see how much channel stuffing they do with their own money
    3 Jan, 11:02 AM Reply Like
  • The heck are you talking about?
    3 Jan, 12:04 PM Reply Like
  • Inventory down from 96 to 81 days from November to December, so I would say - LESS...
    3 Jan, 11:27 AM Reply Like
  • Unit sales are only one thing. For the year, GM sold around 2.8 Million vehicles in 2013. GM also claims that all four brands saw retail market share gains for 2013. GM's Retail sales increased 11 percent and total sales were up 7 percent compared with 2012.

     

    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.

     

    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.
    3 Jan, 12:13 PM Reply Like
  • What awards did the Cadillac ELR win?
    3 Jan, 05:14 PM Reply Like
  • My wife and I, after test-driving many SUVs, chose the Buick Enclave. We had been a Subaru/Nissan family and went with the Buick.

     

    We could not be happier with our purchase.
    3 Jan, 09:13 PM Reply Like
  • Perhaps you mean Eldorado? I own one and LOVE it. There isn't another car selling for less than $100,000 that I would rather have! GM would be very smart if they brought this American classic back.
    4 Jan, 08:56 AM Reply Like
  • Not sure if this could become the latest Eldorado, but maybe...

     

    http://bit.ly/JAznxM
    4 Jan, 12:23 PM Reply Like
  • I'd take the Ciel hybrid (pictured below). Now that's a gorgeous car. Shame they're not gracing our highways.
    4 Jan, 03:15 PM Reply Like
  • General Motors Co., the largest U.S. automaker, said its OnStar unit will begin offering 4G LTE service in vehicles in 2014 in a partnership with AT&T Inc.
    The faster mobile data speed will first be available in most 2015 model year vehicles in the U.S. and Canada, GM said Monday in an e-mailed statement. Additional markets and service providers will be announced in coming months, the company said.
    “We’re making a global commitment to embed 4G LTE mobile broadband across all of our vehicles,” Mary Chan, president of GM’s Global Connected Consumer, said in an interview. “This is the largest commercial deployment of 4G LTE services in the auto industry.
    3 Jan, 12:44 PM Reply Like
  • U.S. unit sales for the quarter is up 6%.
    http://bit.ly/1gxlID2

     

    In a note to investors, Buckingham analyst Joseph Amaturo recommended buying additional shares of GM at current levels, despite the decline in the company's December sales. GM's redesigned full-size trucks will significantly improve the company's earnings and cash flow in 2013 and 2014, the analyst contended. Another potential catalyst for GM is a possible announcement of a share buyback initiative by the company ,added the analyst, who kept a $50 price target and Buy rating on the shares. But Amaturo is not as upbeat on Ford, as he believes that the company could report weaker than expected 2014 results due to price declines in North America and weaker production of its F-series trucks. The analyst kept a $12 price target and Underperform rating on Ford, and recommended that investors rotate out of Ford and into GM.
    3 Jan, 02:24 PM Reply Like
  • I thought the VOLT was the answer to their prayers..... :)
    3 Jan, 03:35 PM Reply Like
  • The volt is going to be a product that leads to innovation in other model cars like the ELR. Also, the volt serves as a nice hedge for GM the day oil prices spike through the roof...
    3 Jan, 05:53 PM Reply Like
  • Using the exact same Volt platform, manipulating the software to get a few extra horsepower out of the gas powered generator, putting in a Cadillac exterior and interior and charging a $41k premium is not innovation.

     

    They could have put the ELR on the Volt 2.0 chassis/powertrain at least. 50 miles of electric range and 50 MPG on gas. Nope 35/35. Worse than Volt due to extra weight and fatter tires.
    4 Jan, 01:48 AM Reply Like
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