December 02, 2014

General Motors posts its best November US Sales since 2007

General Motors Co. (GM) dealers in the United States delivered 225,818 vehicles last month for the company's best November sales in seven years. Total sales were up 6 per cent compared to a year ago, retail sales were up 5 per cent and fleet deliveries were up
11 per cent.

GM estimates that the Seasonally Adjusted Annual Selling Rate (SAAR) for light vehicles in November was 17.1-million, the highest November SAAR since 2003. Calendar year to date, the SAAR is 16.5-million units, which is the upper end of the 16-million - 16.5-million range GM forecasted at the beginning of the year.

Demand in November was robust for everything from smaller cars and crossovers to big trucks - all segments where GM is strong. The Buick brand had its best November since 2003. GMC had its best November since 2001, and the GMC Sierra had its best November sales ever.

At Chevrolet, the Spark, Cruze and Equinox also had their best November sales ever, Silverado had its best November since 2006 and Traverse had its best November since 2010.

"The buzz around Black Friday helped drive strong showroom traffic but there was a lot more at work in the market," said Kurt McNeil, US Vice-President of Sales Operations. "More people have jobs and job security, their wages are starting to increase, household wealth is growing and low pump prices look like they're here to stay through 2015.All of this helped deliver an exceptional month and it will help keep auto sales at very healthy levels going forward."

> The Cruze was up 26 per cent, Spark was up 64 per cent, Sonic was up 3 per cent
> Silverado was up 24 per cent, Tahoe was up 10 per cent and Traverse was up 14 per cent
> Dealers delivered 2,366 all-new Colorados, ahead of plan, with a low retail days supply of 21 days

> GMC was up 23 per cent
> The Sierra was up 57 per cent and the Yukon was up 14 per cent
> The Terrain was up 13 per cent and 854 all-new Canyons were delivered, which is ahead of plan

> Buick was up 27 per cent
> Encore had a 72 per cent sales increase, LaCrosse was up71 per cent and Verano was up 22 per cent

> Cadillac Escalade deliveries were up 75 per cent, with the retail days supply very tight at 16 days
> Sales of the CTS sedan increased 18 per cent

Fleet and Commercial
> Fleet sales were up 11 per cent
> Commercial sales were up 1 per cent, marking the 13th consecutive month of year-over-year growth
> Large SUV commercial fleet sales were up 87 per cent and full-size pickup commercial sales were up 47 per cent


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