GMC Canyon Sales Drop 22 Percent To 2,761 Units In July 2017
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Cumulative GMC Canyon sales decreased in the United States and increased in Canada during July 2017.
GMC Canyon Sales – July 2017 – United States
GMC Canyon deliveries in the United States totaled 2,761 units in July 2017, a decrease of nearly 22 percent compared to 3,532 units sold in July 2016. In the first seven months of 2017, sales of the mid-size pickup truck decreased 15.5 percent to 17,649 units.
Sales Numbers - GMC Canyon - July 2017 - United States
| MODEL | JUL 17 / JUL 16 | JULY 17 | JULY 16 | YTD 17 / YTD 16 | YTD 17 | YTD 16 |
|---|---|---|---|---|---|---|
| CANYON | -21.83% | 2,761 | 3,532 | -15.53% | 17,649 | 20,894 |
GMC Canyon Sales – July 2017 – Canada
In Canada, GMC Canyon sales increased 16.7 percent to 607 units in July 2017. In the first seven months of the year, sales of the midsize truck increased 8.9 percent to 3,399 units.
Sales Numbers - GMC Canyon - July 2017 - Canada
| MODEL | JUL 17 / JUL 16 | JULY 17 | JULY 16 | YTD 17 / YTD 16 | YTD 17 | YTD 16 |
|---|---|---|---|---|---|---|
| CANYON | +16.73% | 607 | 520 | +8.98% | 3,399 | 3,119 |
The GM Authority Take
The continued decline in cumulative U.S. Canyon sales volume continues to be concerning. As in months past, we attribute the decline in Canyon deliveries to the GMC Sierra eating into Canyon sales, as a result of lucrative incentives on the full-size Sierra, but limited incentives on the Canyon — a circumstance that brings the Sierra in the price point of the Canyon.
The Canyon was also the only vehicle in its class to see cumulative sales volume fall in July, putting it into fourth place in its competitive set by a wide margin — behind the first-place Toyota Tacoma, the Canyon’s twin — the Chevrolet Colorado, and the Nissan Frontier. Despite the low sales volume, we have reason to believe that the Canyon is the transaction price leader in the segment — as its range-topping Denali trim level can sell for more than $50,000.
Sales Numbers - Midsize Pickup Trucks - July 2017 - United States
| MODEL | JUL 17 / JUL 16 | JULY 17 | JULY 16 | YTD 17 / YTD 16 | YTD 17 | YTD 16 |
|---|---|---|---|---|---|---|
| TACOMA | +4.78% | 17,372 | 16,580 | +0.32% | 111,969 | 111,615 |
| COLORADO | +21.87% | 11,206 | 9,195 | +1.80% | 61,507 | 60,422 |
| FRONTIER | +5.56% | 7,647 | 7,244 | -13.00% | 45,460 | 52,255 |
| CANYON | -21.83% | 2,761 | 3,532 | -15.53% | 17,649 | 20,894 |
| TOTAL | +6.66% | 38,986 | 36,551 | -3.51% | 236,585 | 245,186 |
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Reporting by Francisco (Frankie) Cruz. GM Authority Take analysis by Alex Luft.
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How about a discount on these ridiculously expensive trucks. You could buy a fullsize for almost the same money. I priced out a crew cab Canyon SLE and it was maybe 7k less then a comparable fullsize Sierra SLE, however with the incentives on the fullsize, it was either close or less. I am definitely interested in the truck, however when it comes to cost, its far to high. Also the fuel economy is so close that it would be strictly be a size issue if you are unable to park the Sierra. Right now I am considering the Sierra.
Well when you can buy a Sierra SLE well equipped for the same price as an SLE Canyon then why would anyone get the Canyon? It’s a great midsize truck but it’s easily the highest priced.
Here is the deal.
It is not all about discounts. The fact is most buyers for this truck, the Colorado and Tacoma just don’t want the full size no matter how sweet the deal is.
This comes up often on the Colorado Forum and most there bought smaller because the wanted smaller.
The new trucks have grown so large and these trucks are nearly the size of a 1988 Silverado.
The Colorado does the heavy lifting on volume and the Canyon is added profits.
I sat in the show room dealing on a Denali Canyon and got a really good price. Discounts up to $4k can be found on the GMC if you shop around. I compared it to a SLT Sierra that had the same options for $1500 more. Nice truck and a great deal but I just did not. Want a large truck.
Now one good side effect is that with small inventories in most areas and few Discounts the resale value is through the roof on these trucks. Just price used ones and the are nearly the price of a new truck.
The Colorado, Wrangler and Canyon are the highest resale of most vehicles in this country.
I have had mine going on six months and no regrets what so ever.
So if all you worry about is discounts the full size is a great deal. But when it comes to space to park and size needed some of us will forgo the deals to get what we really want.
It is not one world when it comes to truck.
We will see more sizes in the future.