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Chevy Silverado Sales Increase 1.7 Percent To 50,515 Units In June 2017

Chevrolet Silverado sales increased in the United States and in Canada during June 2017.

Chevrolet Silverado Sales – June 2017 – United States

Chevrolet Silverado deliveries in the United States totaled 50,515 units in June 2017, an increase of 1.7 percent compared to 49,662 units sold in June 2016. The figures represent the nameplate’s best month of the year for total sales so far in 2017 as well as a 1 percent increase in retail sales.

In the first six months of 2017, sales of the full-size pickup truck family have decreased 3.9 percent to 262,940 units.

Sales Numbers - Chevrolet Silverado - June 2017 - United States

MODEL JUN 17 / JUN 16 JUNE 17 JUNE 16 YTD 17 / YTD 16 YTD 17 YTD 16
SILVERADO +1.72% 50,515 49,662 -3.91% 262,940 273,652

Chevrolet Silverado Sales – June 2017 – Canada

In Canada, Silverado sales increased 19.5 percent to 5,365 units in June. In the first six months of the year, Silverado sales have increased 23 percent to 27,887 units in Canada.

Sales Numbers - Chevrolet Silverado - June 2017 - Canada

MODEL JUN 17 / JUN 16 JUNE 17 JUNE 16 YTD 17 / YTD 16 YTD 17 YTD 16
SILVERADO +19.51% 5,365 4,489 +23.11% 27,887 22,652

The GM Authority Take

The rebound in Silverado sales after three months of decline is a welcome sighting, and was probably the result of the some vast incentives offered by Chevrolet, which included a discount for 17 percent off MSRP or over $8,000 on select Silverado 1500 models. Meanwhile, sales of the Silverado’s twin brother — the GMC Sierra — fell 8.3 percent to 15,473 units during the month, which we attribute to the trucks being the oldest in their competitive set. What’s more, increased media coverage of the the shaking issues on some Silverado and Sierra models is not likely to be positively impacting sales.

It’s important to note that sales of vehicles based on GM’s K2 platform like the Silverado and Sierra is often seen as having a direct correlation on GM profitability, which is highly dependent on pickup truck sales in the U.S. market.

Looking at the competition, sales of the Ford F-Series increased 9.8 percent to 77,895 units, while FCA’s Ram Pickup saw sales increase 4.8 percent to 43,073 units in June.

Sales Numbers - Full-Size Domestic Pickup Trucks - June 2017 - United States

MODEL JUN 17 / JUN 16 JUNE 17 JUNE 16 YTD 17 / YTD 16 YTD 17 YTD 16
SILVERADO +1.72% 50,515 49,662 -3.91% 262,940 273,652
SIERRA -8.27% 15,743 17,162 -6.87% 99,153 106,466
F-SERIES +9.81% 77,895 70,937 +8.76% 429,860 395,244
RAM PICKUP +4.83% 43,073 41,089 +7.38% 250,443 233,220
TOTAL +4.68% 187,226 178,850 +3.35% 1,042,396 1,008,582

Related Sales Reporting

Reporting by Francisco (Frankie) Cruz. GM Authority Take analysis by Alex Luft.

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