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NINETY EIGHT REGENCY

Core brands increase 36%

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Core brands increase 36%

BY BRENT SNAVELY

FREE PRESS BUSINESS WRITER

General Motors said today that U.S. sales of its four core brands increased 36% in June, compared to the same month a year ago, even as consumer confidence weakened.

GM said sales increased 32.5% at Chevrolet, 52.7% at Buick, 45% at GMC and 39.1% at Cadillac.

In total, however, GM sold 195,380 cars and trucks last month, a 10.7% increase from June 2009 when it sold 176,571 cars and trucks. That number includes the Pontiac, Saturn, Hummer and Saab brands, which GM has been winding down as part of its restructuring.

GM, which entered bankruptcy in June 2009 and emerged a month later, has been restructuring its business for long-term success.

GM said its sales increase in June was driven by a continued strong performance of its crossovers, such as the Chevrolet Traverse, Buick Enclave and GMC Acadia. As a group, GM said sales of those crossovers increased 39% in June.

link:

http://www.freep.com/article/20100701/BUSINESS01/100701029/1210/Core-brands-increase-36

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