July 01, 2014

General Motors dealers delivers 267,461 vehicles in US in June 2014

General Motors dealers delivered 267,461vehicles in the United States in June. Total sales were up 1 per cent compared to a year ago. Retail sales were up 1 per cent and fleet sales were up 2 per cent.

There were two fewer selling days in June compared with a year
ago.On a selling-day adjusted basis, GM's total sales were up 9 per cent. Retail deliveries were up 9 per cent and fleet sales were up 10 per cent.

The seasonally adjusted annual selling rate (SAAR) for light vehicles in June was an estimated 16.6-million units, topping 16-million units for the fourth consecutive month. The estimated SAAR for the first half of the year was 16.1-million, which is within GM's full-year forecast of 16.0-million to 16.5-million units.

"June was the third very strong month in a row for GM, withevery brand up on a selling-day adjusted basis," said Kurt McNeil, US Vice-President of Sales Operations. "In fact, the first half of the year was our best retail sales performance since 2008, driven by an outstanding second quarter."

GM's commercial fleet business also continues to grow, posting its eighth consecutive monthly increase for the best June since 2007.

"It's clear that our commercial and small business customersare expecting a strong second half of the year and they are building their fleets to meet demand," added McNeil.

Commercial fleet sales were up 48 per cent, driven by strong pickup, van and small car sales. Government deliveries were up 14 per cent due to strong car sales. Small business deliveries, which are included in retail sales, were up 6 per cent, driven by van, SUV and pickup sales. Rental deliveries were down 11 per cent. At the beginning of June, GM indicated that fleet sales for the month would likely be down due to the timing of rental customer deliveries.


Reactions:

0 comments:

Post a Comment

Related Posts Plugin...

 
back to top