This article was first published on or about July 3, 2017, on my Seeking Alpha Marketplace site, where subscribers get early access to many of my articles. You can view these articles here: https://seekingalpha.com/author/anton-wahlman/premium-articles
General Motors reported U.S. June 2017 month sales:
Down 4.7% overall, but huge differences between the brands:
Buick: Up 16.4%
Cadillac: Down 11.8%
Chevrolet: Down 6.4%
GMC: Down 3.6%
Buick: Sales increase driven 100% by the Envision model.
Cadillac: Legacy sedans ATS, CTS and XTS all down. SUVs all up.
Chevrolet: Cars such as Malibu, Cruze and Sonic were down. The Bolt EV sold 1,642 units, its best month since launch. It’s clearly taking sales from Tesla. GM’s best-selling vehicle, the Chevrolet Silverado, was up 1.7%.
GMC: Unlike Chevrolet, all SUVs except Acadia were down. The Sierra was also down 8.3%. Basically, nothing good at GMC except Acadia and the old commercial van.
Disclosure: I am/we are long GM, F, GOOGL.
Additional disclosure: At the time of submitting this article for publication, the author was long GM, F and GOOGL, and short TSLA. However, positions can change at any time. The author regularly attends press conferences, new vehicle launches and equivalent, hosted by most major automakers.