Jump to content

Build Theme!

Photo

November 2007 Sales: General Motors


  • Please log in to reply
76 replies to this topic

#1

Derek77

    Super Sport Member

  • Members
  • PipPip
  • 465 posts

Posted 03 December 2007 - 01:39 PM

GM Reports 263,654 November Deliveries; Retail Car Deliveries Up

  • Chevrolet Malibu Retail Sales Up 40 Percent; Chevy Cars Up 15 Percent
  • All-New CTS Drives 15 Percent Cadillac Car Sales Increase
  • All-New CTS Drives 15 Percent Cadillac Car Sales Increase
  • Dealer Inventories Down 97,000 Vehicles Year-Over-Year
  • Planned Daily Rental Sales Reduction of 28.5 Percent
DETROIT - After three consecutive monthly increases, GM dealers in the United States delivered 263,654 vehicles in November, down 11 percent compared with a year ago, reflecting continuing reductions in daily rental sales and softening industry demand.

GM's retail car deliveries increased, based on the strength of the all-new Chevrolet Malibu, 2008 Cadillac CTS and fuel-efficient Chevrolet Aveo, Cobalt, Pontiac G5 and G6.

"Integral to our strategy is to grow our share in the key car segments. The retail performance, especially from the new Chevrolet Malibu and Cadillac CTS, demonstrates the enthusiasm customers have for these outstanding new vehicles," said Mark LaNeve, GM North America vice president, Vehicle Sales, Service and Marketing. "The recognition of the 2008 CTS as Motor Trend's Car of the Year reinforces what we are hearing from customers about this phenomenal car. And, not to be outdone, the new Malibu is flying off dealer lots."

There were several bright spots in retail deliveries, led by brisk sales in the economy, small, mid and luxury car segments and mid-utility crossovers. Chevrolet retail car sales were up more than 15 percent, Cadillac retail car sales, driven by a 48-percent increase in CTS sales, were up more than 13 percent and Pontiac retail car sales were up more than 8 percent. Total retail deliveries were down 9.7 percent, largely due to reduced availability of 2007 models after a strong sell-down in September and October.

"The Malibu, CTS and Enclave have some of the fastest turn rates in the industry," LaNeve added. "We've added production capacity at our Orion Assembly plant for Malibu to keep up with growing demand and dealer orders."

Together, GM's mid-utility crossovers (Buick Enclave, Saturn OUTLOOK and GMC Acadia) sold nearly 13,000 vehicles at retail. Saturn retail truck sales, driven by the OUTLOOK, were up more than 35 percent. Chevrolet HHR retail sales were up 60 percent.

The Pontiac and GMC divisions showed retail sales increases.

GM continued to reduce sales to daily rental fleets, down more than 14,000 vehicles, or almost 29 percent compared with a year ago. Total fleet sales were down 16 percent.

Retail sales for the month, as a percentage of total sales, showed an increase of more than one percentage point (to 74 percent of total sales) compared with a year ago.

Vehicle inventories were down 97,000 vehicles compared with year-ago levels and stood at about 993,000 vehicles at the end of the month.

Quality, reliability and durability (QRD) remain key factors for customers when purchasing a new vehicle. "GM provides the best coverage in the industry. We take care of the vehicle and the owner like no other manufacturer," LaNeve added. An increasing number of consumers cite GM's willingness to stand behind its quality as a reason to buy a new GM vehicle. GM's new 5 Year/100,000 Mile Powertrain Limited Warranty continues to make GM a better choice for customers. GM's coverage focuses on the complete ownership experience and includes other provisions that competitors do not offer, including transferability to the next owner, more complete coverage of parts, and coverage for new and certified used vehicles. In addition, GM offers superior complementary programs, such as courtesy transportation and roadside assistance.

Certified Used Vehicle Sales



November 2007 sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saturn Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 37,946 vehicles, down nearly 11 percent from last November. Total year-to-date certified GM sales are 479,946 vehicles, up 0.3 percent from the same period last year.

GM Certified Used Vehicles, the industry's top-selling manufacturer-certified used brand, posted 32,748 sales, down 10 percent from last November. Year-to-date sales for GM Certified Used Vehicles are 421,190 vehicles, up 2 percent from the same period in 2006.

Cadillac Certified Pre-Owned Vehicles posted November sales of 3,227 vehicles, down 9 percent from last November. Saturn Certified Pre-Owned Vehicles sold 1,372 vehicles in November, up nearly 2 percent. Saab Certified Pre-Owned Vehicles sold 468 vehicles, down 54 percent, and HUMMER Certified Pre-Owned Vehicles sold 131 vehicles, up 17 percent.

"While November was a challenging sales month for certified GM brands, year-to-date GM Certified Used Vehicle sales are up 2 percent through November and we're in a position to set a new industry annual sales record for the manufacturer-certified category," said LaNeve.

GM North America Reports November 2007 Production, 2007 Fourth-Quarter Production Forecast Revised at 1.025 Million Vehicles, 2008 First-Quarter Production Forecast Set at 950,000 Vehicles

In November, GM North America produced 366,000 vehicles (134,000 cars and 232,000 trucks). This is up 5,000 units or 1 percent compared to November 2006 when the region produced 361,000 vehicles (148,000 cars and 213,000 trucks). (Production totals include joint venture production of 22,000 vehicles in November 2007 and 20,000 vehicles in November 2006.)

The region's 2007 fourth-quarter production forecast is revised at 1.025 million vehicles (350,000 cars and 675,000 trucks), up 25,000 units or 3 percent from last month's guidance. Additionally, the region's initial 2008 first-quarter production forecast is set at 950,000 vehicles (344,000 cars and 606,000 trucks), down 113,000 vehicles or 11 percent from first-quarter 2007 actuals.


GM Reports 263,654 November Deliveries; Retail Car Deliveries Up

Edited by VenSeattle, 03 December 2007 - 08:36 PM.

  • 0

#2

A Horse With No Name

    Firing on all sixteen cylinders

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,478 posts

Posted 03 December 2007 - 03:05 PM

Ouch! Chris
  • 0

#3

Chicagoland

    OSV Member

  • Members
  • PipPipPipPip
  • 1,174 posts

Posted 03 December 2007 - 04:09 PM

The HRR, which know it alls claimed would flop and was a PT rip-off, is flying off lots too. Shows that the know it alls, do not!
  • 0

#4

enzl

    OSV Member

  • Members
  • PipPipPipPip
  • 2,070 posts

Posted 03 December 2007 - 04:24 PM

The HRR, which know it alls claimed would flop and was a PT rip-off, is flying off lots too. Shows that the know it alls, do not!

Fleeting...Extensively.

Just like the PT it rips off.

As I've said before, the illusion of GM's sales turnaround was exclusively a Fleet issue. Note the numbers have been poor in each month that GM mentions Fleet sale reductions and magically improves when the Fleeting issue is absent from the press release.

Coincidence that the 'good months' coincided with the release of horrible GM write-offs of $37B?

It's time for Rick and Fritz to jump out the windows with their Golden Parachutes! Fresh ideas are needed at the top to stop the bleeding while they still have a company to save.

Edited by enzl, 03 December 2007 - 04:29 PM.

  • 0

#5

Drew Dowdell

    Unimatrix 01

  • Admin
  • PipPipPipPipPipPipPipPipPip
  • 30,369 posts

Posted 03 December 2007 - 05:18 PM

wtf, the CTS and malibu aren't a good enough start? yes, this was a very ouch month because fleet sales are down. I much rather have unprofitable fleet sales down while Enclave, Acadia, CTS, and Malibu sell close to sticker. Don't care about market share as long as the company is profitable and keeps putting out product as good or better than the recent releases. Keep doing that and market share will be back on it's own as Toyota keeps shooting itself in the foot and Chrysler meets a timely demise.
  • 0

#6

gm4life

    Ultra Member

  • Members
  • PipPipPipPipPipPip
  • 5,379 posts

Posted 03 December 2007 - 07:01 PM

The HHR might be fleeting but I know 3 people who have got one it the last couple months. The Prius, Camry and Corolla must have been fleeted like crazy!
  • 0

#7

CaddyXLR-V

    OSV Member

  • Members
  • PipPipPipPip
  • 2,282 posts

Posted 03 December 2007 - 07:04 PM

Link didn't work, try this
November Sales

Interesting that Pontiac sells near 50% the car volume Chevy does, but appears to be the next in line to be killed(tick-tock?)
  • 0

#8

Drew Dowdell

    Unimatrix 01

  • Admin
  • PipPipPipPipPipPipPipPipPip
  • 30,369 posts

Posted 03 December 2007 - 08:13 PM

HHR owners seem to love their cars and tell everyone they know about them. Someone I know just had her 100k mile Silleoett totaled and is now HHR shopping because two of her co-workers have been raving about theirs.
  • 0

#9

Northstar

    Be afraid of Jake. Very, very afaid.

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 15,304 posts

Posted 03 December 2007 - 09:38 PM

Fleeting...Extensively.

Just like the PT it rips off.

As I've said before, the illusion of GM's sales turnaround was exclusively a Fleet issue. Note the numbers have been poor in each month that GM mentions Fleet sale reductions and magically improves when the Fleeting issue is absent from the press release.

Coincidence that the 'good months' coincided with the release of horrible GM write-offs of $37B?

It's time for Rick and Fritz to jump out the windows with their Golden Parachutes! Fresh ideas are needed at the top to stop the bleeding while they still have a company to save.


Did you even read the press release before your came to your conclusions? "Chevrolet HHR retail sales were up 60 percent."

Come on now... :rolleyes:
  • 0

#10

Camino LS6

    Head Skunk of the Underground

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 28,898 posts

Posted 03 December 2007 - 10:14 PM

Beat me to it,Northie. Enzl you are simply wrong about the HHR.
  • 0

#11

regfootball

    Firing on all sixteen cylinders

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 19,100 posts

Posted 03 December 2007 - 11:07 PM

I like the HHR. wouldn't buy one, but its really a cobalt wagon, and in that vein is just fine.
  • 0

#12

Chicagoland

    OSV Member

  • Members
  • PipPipPipPip
  • 1,174 posts

Posted 04 December 2007 - 01:03 AM

There are still alot of "I hate Retro" people and they spin the sales # to thier agendas. They seem to think all cars have to be their taste, and I bet these people never buy new cars to begin with.
  • 0

#13

ocnblu

    C&G's Boldest Member

  • Premium Subscriber
  • PipPipPipPipPipPipPipPipPip
  • 28,611 posts

Posted 04 December 2007 - 04:55 AM

The HHR is economical, stylish and utilitarian. I would put one in my garage.
  • 0

#14

enzl

    OSV Member

  • Members
  • PipPipPipPip
  • 2,070 posts

Posted 04 December 2007 - 07:39 AM

Beat me to it,Northie.

Enzl you are simply wrong about the HHR.

First, my fleet reference is to all of their product, although the 60% increase in retail for the HHR may have something to do with fuzzy math:

Have you checked Nov. 06's retail deliveries for the HHR or Oct. 07, because they don't say what figures the 60% increase is based on, do they? (Oct 06 appr.4500 total (down 30% from 0ct 05) compared to Oct 07 8000 total, Nov 06 5500 to Nov. 07 7200)

Second, and more to my point, numbers can say anything you want them to. Every retailer I know of hasn't had a 'run' on their HHR inventory...---I'll see if I can find a fleet breakout, but the point is that Oct/Nov 06 was in the toilet, so any comparison of numbers would look good.

I stand by my statement. Not only that, we're all avoiding the elephant in the room...GM cannot make money selling the mix and volume of vehicles they sell at retail.


Great new product, flushed right down the toilet with the rest of the company. It's Rick's time to go, sorry.

Edited by enzl, 04 December 2007 - 08:36 AM.

  • 0

#15

Camino LS6

    Head Skunk of the Underground

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 28,898 posts

Posted 04 December 2007 - 08:27 AM

Enzl, I think you should go back and read it one more time. Fleet is down, not up. Retail is up ,not down. And your massive fleeting comment followed your quoting of the HHR sales. C'mon now, own up.
  • 0

#16

enzl

    OSV Member

  • Members
  • PipPipPipPip
  • 2,070 posts

Posted 04 December 2007 - 08:38 AM

Enzl, I think you should go back and read it one more time. Fleet is down, not up. Retail is up ,not down.

And your massive fleeting comment followed your quoting of the HHR sales. C'mon now, own up.

See reply above...and I stand by my statement. And, although I may have been unclear, GM's statement about fleet sales being down has ONLY appeared in down month PR statements recently....check 'em yourself. When everyone was raving around here regarding the GM turnaround, citing recent good numbers, those Press releases inevitably ignored mention of fleet sales--every time.

*For the first half of 2007, the HHR fleeting was at 30%+, when GM was crowing about a reduction in fleet sales...
http://www.fleet-cen.../trucks_web.pdf

Edited by enzl, 04 December 2007 - 08:49 AM.

  • 0

#17

Camino LS6

    Head Skunk of the Underground

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 28,898 posts

Posted 04 December 2007 - 04:36 PM

:rolleyes:
  • 0

#18

haypops

    OSV Member

  • Members
  • PipPipPipPip
  • 1,432 posts

Posted 04 December 2007 - 07:15 PM

*For the first half of 2007, the HHR fleeting was at 30%+, when GM was crowing about a reduction in fleet sales...
http://www.fleet-cen.../trucks_web.pdf


Daily rental sales were 20%+ not 30, or doesn't that distinction matter to this discussion?
  • 0

#19

haypops

    OSV Member

  • Members
  • PipPipPipPip
  • 1,432 posts

Posted 04 December 2007 - 07:23 PM

but its really a cobalt wagon.


A cobalt wagon! Really I thought it was a Buick.

Posted Image
  • 0

#20

enzl

    OSV Member

  • Members
  • PipPipPipPip
  • 2,070 posts

Posted 04 December 2007 - 07:27 PM

Daily rental sales were 20%+ not 30, or doesn't that distinction matter to this discussion?

Make & Model Commercial Government Rental Total Fleet Retail Total % Fleet vs. Total
Compact SUVs
Chevrolet HHR 2,114 52 9,255 11,421 26,493 37,914 30.1%

Chrysler PT Cruiser 1,303 14 34,960 36,277 22,453 58,730 61.8%
Dodge Nitro 1,050 13 4,990 6,053 27,350 33,403 18.1%
Ford Escape 7,065 2,085 10,455 19,605 49,951 69,556 28.2%
Honda CR-V 470 23 68 561 99,959 100,520 0.6%
Honda Element 330 9 130 469 19,693 20,162 2.3%
Hyundai Santa Fe 198 4 3,874 4,076 32,759 36,835 11.1%
Hyundai Tucson 92 2 1,525 1,619 19,486 21,105 7.7%
Jeep Compass 820 9 2,489 3,318 19,485 22,803 14.6%
Jeep Liberty 2,639 915 14,931 18,485 37,935 56,420 32.8%
Jeep Patroit 39 - 429 468 1,508 1,976 23.7%
Jeep Wrangler 406 151 2,511 3,068 51,646 54,714 5.6%
Kia Sportage 67 1 5,043 5,111 17,195 22,306 22.9%
Mazda Tribute 48 4 3 55 5,674 5,729 1.0%
Mercury Mariner 1,377 9 1,125 2,511 12,421 14,932 16.8%
Mitsubishi Outlander 39 2 666 707 9,061 9,768 7.2%
Pontiac Torrent 219 14 3,465 3,698 12,942 16,640 22.2%
Saturn Vue 902 84 3,033 4,019 35,094 39,113 10.3%
Subaru Forester 325 12 3,291 3,628 20,360 23,988 15.1%
Suzuki Grand Vitara 45 - 714 759 10,317 11,076 6.9%
Toyota FJ Cruiser 341 7 17 365 30,469 30,834 1.2%
Toyota RAV4 668 20 8,351 9,039 67,013 76,052 11.9%
Compact SUVs Total 20,557 3,430 111,325 135,312 629,264 764,576 17.7%

Directly from quoted pdf.

I wish I was lying. GM is playing very fast and loose with their public pronouncements. As enthusiasts, I'd be concerned about their very survival, at this point. Fritz was just quoted in the lead, front page AN 12/3 article already adjusting industry sales estimates in 2008 to 15.7 million units from GM's current forecast of 'low-16's'.

Wanna guess who's going to lose the largest portion of that 500,000 in 2008?

That should be your concern. Not my opinion on the state of GM's fleeting addiction.

(& Camino....don't let the facts get in the way of a good argument.)

Edited by enzl, 04 December 2007 - 07:34 PM.

  • 0




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users