Tag Archives: general motors sales

GM sales year-to-date (2.34 million) are up 3.5% in an industry that recovered at almost four times that rate. Among major automakers GM’s sales gains are the weakest by far, particularly when compared to the resurgent Japanese Three, with Toyota (1.9 m) at +29%, Honda (1.3 m) at +24% and Nissan (1 m) +11%, now that natural-disaster induced production disruptions are over. To be fair, the tepid GM sales are the sum of a complex three-dimensional game, which attempts to balance badly needed revenue and profits, against capacity, competitive actions and momentum, along with ongoing brand rebuilding. Continue reading →

General Motors Company today reported October sales in the United States of 195,764 vehicles, an increase of 5% compared to October 2011. Overall industry growth was 7% for the month, and the industry is running at a seasonally adjusted annual rate or SAAR of more than 14 million retail units. GM’s year-over-year sales to retail customers were up 7%, and sales to fleet customers were down 2%. Continue reading →