There’s been no shortage of negative forecasting when it comes to the automotive industry, with analysts predicting that the current global economic downturn would result in a decrease in new car sales. However, the analysts have so far been proven wrong, at least when it comes to General Motors.
For the month of September 2011, The General’s retail deliveries climbed 19 percent compared to this time a year ago, while fleet deliveries increased 22 percent. The company sold approximately 207,145 vehicles during the month, and saw a total of 19.6 percent annual sales growth year over year.
Another important note: GM’s full-size truck inventory now stands at 208,650 full-size pickup trucks, which equates to an 88-days supply. The company plans on deflating its supply on trucks to an even smaller number of around 200,000 units.
Buick Grows 5.6 Percent
Buick has observed growth for a consecutive 24-straight months, selling a total of 13,599 units for the month of September 2011. The Enclave and Regal saw substantial gains, but sales of the LaCrosse shrank 8.5 percent. In total, the Tri-Shield has sold 140,092 vehicles year-to-date.
Cadillac Stays Even With 1 Percent Gain
The Wreath and Crest managed to stay out of the red for the month of September, but barely. Selling 12,741 units and growing just 1 percent, the 2012 launch of the ATS and XTS is going to be exactly what the doctor ordered. However, sales of the three lines of vehicles that currently make up Caddy’s portfolio — the CTS, SRX and Escalade — all observed gains of 24, 21.7 and 9 percent, respectively. Exactly 113,190 Cadillacs have been sold so far this year.
Chevrolet Sales Jump 21.5 Percent
Chevy sold 147,611 vehicles for September 2011, which is good for a year-over-year sales climb of 21.5 percent. The Cruze tacked on 18,097 sales for the month, while the brand’s full-sized truck models all observed substantial gains (must have something to do with the crazy incentives). Corvette sales stayed fairly even with a 3.4 percent gain, while the Volt sold 723 units, which is substantially lower compared to models such as the Colorado or Avalanche. So far, 3,895 Volts have been delivered for the year, which is well short of the 10,000-unit prediction. Make of that what you will. Additionally, 1,353,943 Chevys have been sold so far this year.
GMC Grows 27.7 Percent
When there’s truck incentives, it usually spells well for GMC sales numbers. And that’s what happened through the month of September. But that’s not to say that the Acadia or Terrain crossovers didn’t contribute, as they saw gains of 14.7 and 44.7 percent, respectively. Big Red posted a total of 33,194 unit sales for the month, and now has tallied 294,947 sales for the year.