General Motors (NYSE: GM) today posted strong Q3 sales results in the US with 674,336 vehicles sold and a market share gain of ~1%. There was a 16% retail sales increase year-over-year. The strong results were centered around its thriving truck and SUV lines, which fully participated in the ongoing Biden Administration economic recovery.
Full-size pickups had the best year-to-date sales since 2007 as Chevrolet Silverado and GMC Sierra combined sales grew 29%. This makes for 7 consecutive quarters of industry leadership based on preliminary results until Ford and Stellantis have posted. GG estimated that the Seasonally Adjusted Annual Selling Rate (SAAR) was 15.5 million light vehicles for the US industry total.
Click for more data.
GM claimed Divisional Highlights
Buick sales up 54%
- Fastest-growing mainstream brand in the industry year-over-year, with year-to-date sales up 63%• 43% conquest rate year-to-date through August.
- Enclave up 34%.
- 28% of retail SUV customers opted for Avenir luxury trim, now available across entire lineup.
Cadillac sales up 6%
- 16 consecutive months of year-over-year sales growth, and best third quarter and year-to-date sales since 2019.
- CT5 up 47% with best-ever third quarter and year-to-date sales, and V-Series Blackwing up 24%.
- Escalade up 8%, best year-to-date.
- sales since 2007 and segment leadership.
Chevrolet sales up 21%
- Best third quarter and year-to-date sales since 2019.
- Colorado sales up 28%, the fastest growing midsize truck compared to second quarter
- Bolt EV and Bolt EUV up 13% compared to second quarter with best-ever year-to-date Bolt EUV sales.
- Traverse up 27%, best third quarter and year-to-date sales since 2019.
GMC sales up 19%
- Best year-to-date sales since 2005. Best market share ever year-to-date through August at 3.8%
- AT4 and Denali 53% of all retail sales.
- Sierra up 46%.
- Acadia up 7%.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
GM Posts 21% US Q3 Sales Increase
General Motors (NYSE: GM) today posted strong Q3 sales results in the US with 674,336 vehicles sold and a market share gain of ~1%. There was a 16% retail sales increase year-over-year. The strong results were centered around its thriving truck and SUV lines, which fully participated in the ongoing Biden Administration economic recovery.
Full-size pickups had the best year-to-date sales since 2007 as Chevrolet Silverado and GMC Sierra combined sales grew 29%. This makes for 7 consecutive quarters of industry leadership based on preliminary results until Ford and Stellantis have posted. GG estimated that the Seasonally Adjusted Annual Selling Rate (SAAR) was 15.5 million light vehicles for the US industry total.
Click for more data.
GM claimed Divisional Highlights
Buick sales up 54%
Cadillac sales up 6%
Chevrolet sales up 21%
GMC sales up 19%
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.