General Motors January U.S. Sales


General Motors (GM) unit sales -12.0% to 171K to miss the consensus estimate which saw a 2.5% falloff.

Retail sales were off 10% for the month and fleet sales declined 18%.

Sales by brand: Chevrolet -13.3%; GMC -10.0%; Buick -1.4%; Cadillac -13.2%.

From other sites
Comments (17)
  • Matthew Davis
    , contributor
    Comments (4738) | Send Message
     
    Why buy a platicky unreliable car from them when you can buy a Japanese import for less and less cost to own?
    3 Feb 2014, 10:15 AM Reply Like
  • spald_fr
    , contributor
    Comments (2814) | Send Message
     
    Check the GM inventory levels, they manufactured without constraint at the end of 2013. There are cars all over the place.
    3 Feb 2014, 03:13 PM Reply Like
  • mobyss
    , contributor
    Comments (2595) | Send Message
     
    There was a clear difference in quality between US and Japanese cars in the 80's, 90's and into the 2000's. But that gap has been mostly closed. The problem GM is having is that not only is the "sales bounce" from the depths of the 2009 car market over, but they are still suffering from the "Government Motors" perception (and always will be for a large part of the car buying public). Most buyers can find what they want from Ford, Honda, Toyota, and some of the luxury brands.
    3 Feb 2014, 11:16 AM Reply Like
  • CaladesiKid2
    , contributor
    Comments (305) | Send Message
     
    Depreciation is a valid gauge of the quality built into an automobile. German and Japanese car brands continue to depreciate the least with 'other' Asian brands (Hyundai) improving dramatically. General Motors products, despite the chorus of supporters in the press, continue to depreciate at a much more rapid rate than the alternatives.
    3 Feb 2014, 11:22 AM Reply Like
  • mobyss
    , contributor
    Comments (2595) | Send Message
     
    Look at the depreciation of a Mercedes S-class or Lexus LS600 after 5 years compared to a Chevy Tahoe or Ford F-150. Not to defend GM, but you need to do a little research before making these blanket statements.
    3 Feb 2014, 05:10 PM Reply Like
  • User 447425
    , contributor
    Comments (1741) | Send Message
     
    Mobyss, Infiniti and Lexus have the best residual values - GM is not even close. I only lease cars and a big variable is the residual value - GM is not good. Those are the facts.
    3 Feb 2014, 08:29 PM Reply Like
  • User 447425
    , contributor
    Comments (1741) | Send Message
     
    http://bit.ly/1gHVDok. Just the facts
    3 Feb 2014, 08:31 PM Reply Like
  • mobyss
    , contributor
    Comments (2595) | Send Message
     
    A 2014 Tahoe that costs $43k new will depreciate to $20k in five years - retaining 47% of its value.

     

    A 2014 Ford F-150 that costs $34k new will be worth $14k in five years, retaining 41% of its value.

     

    A 2014 Mercedes S-class that costs $96k new will be worth $35k in five years, retaining 36% of its value.

     

    cars-dot-com
    3 Feb 2014, 08:54 PM Reply Like
  • User 447425
    , contributor
    Comments (1741) | Send Message
     
    One car does not make a trend. I never said Mercedes. It clearly shows Toyota and Lexus with the best residual values. So you know, when banks use residual values to set lease terms they use Auto Lease Guide, which is based on Kelly Blue Book and auction prices. They do not use cars-dot-com. I am sorry you have a hard time understanding the truth.
    3 Feb 2014, 10:03 PM Reply Like
  • User 447425
    , contributor
    Comments (1741) | Send Message
     
    Here’s the full list of ALG’s 2014 Residual Value Awards:

     

    Subcompact Car: Hyundai Accent
    Compact Car: Mazda Mazda3
    Midsize Car: Honda Accord
    Full-Size Car: Toyota Avalon
    Sports Car: Chevrolet Camaro
    Alt-Fuel Vehicle: Toyota Prius c
    Minivan: Honda Odyssey
    Subcompact Utility Vehicle: Kia Soul
    Compact Utility Vehicle: Honda CR-V
    Midsize Utility Vehicle – 2 Row: Hyundai Santa Fe Sport
    Midsize Utility Vehicle – 3 Row: Toyota Highlander
    Full-Size Utility Vehicle: Toyota Sequoia
    Off-Road Utility Vehicle: Toyota FJ Cruiser
    Midsize Pickup: Toyota Tacoma
    Fullsize Pickup: Toyota Tundra
    Premium Compact Car: Mercedes-Benz CLA-Class
    Premium Midsize Car: Audi A5
    Premium Fullsize Car: Audi A6
    Premium Executive Car: Porsche Panamera
    Premium Sports Car: Chevrolet Corvette
    Premium Compact Utility Vehicle: Acura RDX
    Premium Midsize Utility Vehicle – 2 Row: Land Rover Range Rover Sport
    Premium Midsize Utility Vehicle – 3 Row: Audi Q7
    Premium Full-Size Utility Vehicle: Toyota Land Cruiser
    3 Feb 2014, 10:21 PM Reply Like
  • MrVincent
    , contributor
    Comments (257) | Send Message
     
    GM junk
    3 Feb 2014, 11:34 AM Reply Like
  • pepsi1
    , contributor
    Comments (14) | Send Message
     
    Matt
    i have a new Buick--Much cheaper than Japanese and really nice---You are three years behind the JD Powers opinions
    3 Feb 2014, 12:19 PM Reply Like
  • Matthew Davis
    , contributor
    Comments (4738) | Send Message
     
    JD Powers is a bought and fake award, why do you think all the awards go to American cars every year? I put nothing into JD Powers than what the commercial says, its a paid for award for marketing purposes only. JD Power, lol puh-lease.
    3 Feb 2014, 12:24 PM Reply Like
  • jraskib
    , contributor
    Comments (934) | Send Message
     
    If you don't trust JD Powers, read March 2014 Kiplinger. They selected 25 top models in several price categories. Along with many import cars there are Chevrolet, Cadillac, Ford and Jeep models in almost any price ranges and types.
    Kiplinger is not bought by any car company, and works for the public.
    3 Feb 2014, 05:11 PM Reply Like
  • vick4717
    , contributor
    Comments (133) | Send Message
     
    My 2006 Silverado just turned 330,000 miles with no problems. No need for a new pickup for a couple more years.
    3 Feb 2014, 05:54 PM Reply Like
  • mobyss
    , contributor
    Comments (2595) | Send Message
     
    You are GM's worst nightmare.
    3 Feb 2014, 08:12 PM Reply Like
  • june1234
    , contributor
    Comments (4341) | Send Message
     
    Weather or not GM closed 13 with 2.53 months worth of unsold inventory on their lots, more than enough cars laying around if anyone needed one
    4 Feb 2014, 04:38 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs