July 05, 2013

GM reports highest US monthly sales in June since September 2008

General Motors Co. sold 264,843 vehicles in the United States in June, up 6 per cent compared with a year ago. Deliveries to retail customers increased 14 per cent while fleet sales declined 9 per cent due to the timing of customer deliveries.

Total crossover sales were
up 9 per cent compared with a year ago; passenger car sales were up 4 per cent, and truck sales, which include pickups, vans and SUVs, were up 8 per cent. All four GM brands posted higher retail sales, with Chevrolet, GMC and Cadillac posting double-digit increases.

"Our Chevrolet, Buick-GMC and Cadillac dealers reported strong retail deliveries across the board in June and for the first six months of the year," said Kurt McNeil, Vice-President, US Sales Operations. "We have good momentum heading into the second half of 2013: the economic outlook is solid and our launch vehicles are performing well in the marketplace."

GM estimates that the seasonallyadjusted annual selling rate for light vehicles in June was 15.8-million units, the highest level since November 2007.

"America's families are better off than they were at the beginning of the year and they believe - with good justification - that the economic expansion is going to continue," said Mustafa Mohatarem, GM Chief Economist. "Even moderate economic growth will be enough to keep the auto sales rate in the second half of the year at healthy levels around the mid 15-million-unit mark."


Reactions:

0 comments:

Post a Comment

Related Posts Plugin...

 
back to top