GM sales grow 9% in July 2014 thanks to SUVs and fleets

Article by Christian A., on August 4, 2014

General Motors posted a 9-percent jump in sales in July 2014 to 256,160, thanks to strong performances from GMC Yukon, Chevrolet Tahoe and other trucks as well as hike in business with commercial customers. The surge showed that the current safety recall crisis at GM has not been affecting its sales.

In fact, sales at its GMC brand jumped 22 percent while Chevrolet and Buick climbed 8 percent. On the other hand, Cadillac dropped 3 percent in July. GM saw its fleet sales surge 31 percent to 59,054 vehicles, with highest jump coming from commercial customers at 69 percent.

Deliveries to rental agencies surged 22 percent while sales to government buyers leaped 8 percent. The sales jump in all three fleet categories – commercial customers, rental agencies and government buyers -- were further completed by a 65-percent climb in sales of the Chevrolet Express and GMC Savana.

On the retail side, GM jumped 4 percent as it experiences strong demand for its 2015 SUVs that were launched in the first quarter of 2014. Combined deliveries of Chevrolet and GMC SUVs -- the Suburban, Tahoe, Yukon and Yukon XL – jumped 25 percent in July.

Kurt McNeil, U.S. vice president of sales operations, said in a statement, remarked that SUV sales jumped last month as “American families feel better about the economy.”

Car sales at GM, however, dropped 4 percent, no thanks to an 18-percent slide in sales of the Chevrolet Cruze to 20,926. GM saw sales of its crossovers jump 26 percent with the Chevrolet Equinox and GMC Terrain each gaining 37 percent.

Cadillac has now declined 2 percent in the first seven months of the year. While Cadillac saw gains Escalade sales, that failed to offset drops for every other nameplate in the luxury brand’s lineup, like the leading SRX crossover, ATS compact sedan and the XTS large sedan.

Topics: gm, sales, suv

If you liked the article, share on:

Comments

Recommended

Is there anything more exciting than a spoiler? Well, for those who didn't know, there are those who have already seen the Mercedes-AMG Project One (in the flesh) way before...
by - April 25, 2017
Does the Honda Passport ring a bell to you? This was the first ever SUV that was sold by the Japanese automaker, but it was not that successful compared with...
by - April 25, 2017
Wagon buyers who prefer their vehicle to be luxurious, you will have an entirely brand new selection at the latter part of this year. Porsche will start rolling out 4...
by - April 25, 2017
McLaren rejects the idea of creating anything other than a sports car. That means that vehicles that would be ideal for families such as an SUV or a crossover are...
by - April 25, 2017
The new and improved Opel Grandland X is out, and this large SUV is something the European market did not know they would need. Now measuring at 14.7 feet (4.48...
by - April 25, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries