GM recorded a 15-percent US sales hike in August 2013

Article by Anita Panait, on September 5, 2013

General Motors posted a 15-percent year-on-year surge in sales in the United States in August 2013 despite logging an 8-percent drop in fleet deliveries during the month. August 2013 was the best month for GM since September 2008, thanks to double-digit gains at its four brands: 38 percent for Cadillac; 37 percent for Buick; 14 percent for GMC sales; and 10 percent for Chevrolet.

Kurt McNeil, vice president of GM's U.S. sales operations, said in a statement that GM was off to a very solid start in the second half of 2013, with their model-year changeover and new product launches “going smoothly." He said that they “feel good about the direction of the US economy” as they prepare to launch more new offerings. GM posted an 18-percent climb in sales of its Chevrolet Volt plug-in hybrid to 3,351 units – the highest monthly sales since the carmaker launched the car in 2013. This surge is attributable to GM’s move to cut the Volt’s suggested retail price by $5,000 in early August.

GM was also able to set monthly sales records for the Chevrolet Equinox, Spark and Sonic; Buick Encore and Verano; and Cadillac XTS. The carmaker also logged a 15-percent jump in sales for its full-sized pickups, with the GMC Siera soaring 24 percent. According to GM, the 2014 Sierra and Chevrolet Silverado, which were rolled out to dealerships this summer, accounted for around 30 percent of total sales.

Total retail sales hiked 22 percent, with sales to customer fleet accounting for 20 percent of August deliveries and 25 percent of 2013 sales so far. Gaining significantly in terms of retail sales in August was the Chevrolet Malibu, posting a 93-percent jump. While GM logged a 17-percent hike in total sales for the Malibu in August, it was not enough to offset the overall 17 percent drop in the first eight months of 2013. The Impala also logged a significant surge in retail sales at 76 percent.

“The second half of 2013 is off to a very solid start for GM and our model-year change over and new product launches are going smoothly,” said Kurt McNeil, vice president, U.S. sales operations. “We have a lot of momentum and we feel good about the direction of the U.S. economy as we prepare to launch even more new products, including all-new heavy duty pickups and large SUVs for Chevrolet and GMC, a completely redesigned Cadillac CTS and the Chevrolet Corvette Stingray.” [source: GM]

Topics: gm, sales, united states

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