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November 1, 2011 By Leave a Comment

October Sales Help Automakers 3Q Results

Chrysler CEO Marchionne

The United States automobile sales increased last month, helping Detroit Automakers to defy the sluggish economy. The carmaker who benefited the most last month was Chrysler. The automaker reported that its auto sales rose by 27 percent. Chrysler reported on Tuesday that the company has sold more than 114,500 light trucks, cars and Jeeps. It was the best month for Chrysler since the past five years and for the other carmakers too the month was the fastest pace of sales seen this year. General Motors Co (NYSE:GM) reported the slowest growth in October, with only sales of 186,895 units, a growth of around 1.8 percent. Ford Motor Co. (NYSE:F) announced a growth of 6.4 percent, with the sale of 167,502 vehicles. Other carmakers to report impressive sales were Volkswagen AG, with sales increase of 40 percent and Nissan with a sales jump of 18 percent. Nissan got a boost from its … [Read more...]

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September 2, 2011 By Leave a Comment

GM up 18% in August

GM August Sales

DETROIT – General Motors Co. (NYSE: GM) today reported total sales of 218,479 vehicles in August, an 18-percent increase compared with August 2010. Retail deliveries were up 22 percent compared with the same month a year ago and accounted for 74 percent of GM sales. Deliveries to fleet customers increased 8 percent. “Our balanced portfolio of trucks and fuel-efficient vehicles like the Chevrolet Cruze, Chevrolet Equinox and GMC Terrain are helping GM continue to gain market share, which has now increased in seven of the past eight months,” said Don Johnson, vice president, U.S. Sales Operations. “We’re carrying good momentum and we’re cautiously optimistic that we’ll see U.S. economic growth improve in the months ahead.” In August, year-over-year passenger car sales increased 18 percent, crossover sales increased 17 percent and truck sales increased 18 … [Read more...]

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August 3, 2011 By Leave a Comment

GM Sales Increase 8 % in July

DETROIT – Driven by continued strong demand for the company’s lineup of fuel-efficient cars and crossovers, and by improving full-size pickup truck sales, General Motors dealers in the United States reported 214,915 total sales in July, an 8-percent gain compared to July 2010. Retail sales for GM’s brands rose 6 percent for the month compared to a year ago, and were 1 percent higher than June. In July, total sales of the Chevrolet Cruze were above 20,000 for the fourth-straight month, delivering 24,648 units. The 32 miles-per-gallon highway-rated GMC Terrain and Chevrolet Equinox compact crossovers saw a combined retail sales increase of 73 percent during the month. Total sales for GM’s full-size pickups – Chevrolet Silverado and Avalanche, and GMC Sierra, increased 2 percent from June, while retail sales – those to individuals – rose 5 percent compared to last … [Read more...]

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July 18, 2011 By Leave a Comment

GM Invests $328 Million

GM Flint Investment

FLINT, Mich. – General Motors will invest $328 million to prepare its plant in Flint, Mich. to build the next generation of Chevrolet and GMC full-size pickup trucks, creating or retaining 150 jobs. The plant, which currently has 2,047 employees, builds the hot-selling heavy-duty versions of the Chevrolet Silverado and GMC Sierra. Sales of the new-for-2011 trucks have led to an additional 2.4 percentage points of market share (through May), bringing GM’s total HD share to 36 percent. “This investment will allow us to continue building award-winning full-size pickups that offer better fuel efficiency than ever before without sacrificing features and functionality,” said Cathy Clegg, GM vice president of Labor Relations. “We remain committed to providing customers the utility and capability of our world-class full-size pickups.” GM’s retail share of the full-size … [Read more...]

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July 1, 2011 By Leave a Comment

GM June U.S. Sales Improve 11 Percent on Strong Retail Demand for Fuel-Efficient Vehicles

GM June 2011 Sales

DETROIT – General Motors dealers in the United States reported 215,358 total sales in June, an 11-percent gain compared to June 2010. The gain was the result of continued solid retail demand for the company’s wide selection of fuel-efficient vehicles. Retail sales for GM’s brands rose 16 percent for the month, compared to a year ago, and were 4 percent higher than May. For the month, Chevrolet Cruze had retail sales 153 percent higher than the Chevrolet Cobalt it replaced, and total sales above 20,000 for the third straight month. The 32 MPG highway-rated GMC Terrain and Chevrolet Equinox compact crossovers saw a combined retail sales increase of 78 percent during the month. Passenger car and crossover retail sales also rose substantially, up 33 percent and 24 percent, respectively. Total sales for GM’s full-size pickups – Chevrolet Silverado and Avalanche, and GMC … [Read more...]

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June 22, 2011 By Leave a Comment

GMPP E-ROD Concepts Highlight New Era of Efficient Hot Rodding at Barrett-Jackson’s Orange County Event

E-ROD 1955 Chevy

GRAND BLANC, Mich. – Efficiency isn’t a word typically associated with hot rods, but when the GM Performance Parts (GMPP) E-ROD 1955 Chevrolet Bel Air hit the road for this summer’s Hot Rod Power Tour, it delivered an average of 23 mpg on the drive from Florida to Michigan. That was with a 430-horsepower LS3 V-8 under the hood and emissions performance comparable to a new Camaro SS. Behind this classic cruiser’s balanced performance was the GMPP-engineered E-ROD crate engine system, which features emissions equipment designed to make it compliant with increasingly stringent emissions laws. In fact, the E-ROD LS3 in the GMPP ’55 carries Executive Order (EO) number D-126-30 from California Air Resources Board (CARB), making it legal for installation in pre-OBD II (1996-and-earlier) vehicles in that state. It also delivers on the expectations of a new generation of hot … [Read more...]

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June 14, 2011 By Leave a Comment

GM Invests $20 Million in Fairfax Assembly Plant in Kansas

GM Fairfax

KANSAS CITY, Kan. – General Motors will invest $20 million in machinery and equipment for its Fairfax Assembly plant to add future technologies and improvements to the Buick LaCrosse including eAssist, a light electrification technology that will boost highway fuel economy by 25 percent over the current model. "The LaCrosse has been critical to the resurgence of Buick, bringing many new customers to Buick showrooms," said GM Manufacturing Manager Jim Glynn. "This investment to improve an already strong car will help us continue winning converts to the brand." The Fairfax announcement is part of the $2 billion in U.S. investment that GM announced for 17 facilities in eight states on May 10. Facilities in Bowling Green, Ky.; Arlington, Tex.; Toledo and Defiance, Ohio; Bedford, Ind., and Bay City, Detroit, Flint, Lansing and Warren, Mich., also received investments that will … [Read more...]

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