GM sales drop 6 percent in January 2012

GM sales drop 6 percent in January 2012

GM Renaissance Center

General Motors Co. sold a total of 167,962 vehicles in the U.S. in January, 6 percent lower compared with a highly impressive January 2011. Don Johnson, the vice president, U.S. Sales Operations, said that Chevrolet had been the driving force behind its performance and that sales of its fuel-efficient new cars were “especially good.” He added that the auto industry and the economy showed its strength in the fourth quarter and this carried over into January. A 13% increase was posted for Chevrolet passenger car sales.

Meanwhile, GM’s total passenger car sales rose by 3 percent in January, led by a 30-percent rise in the sales of fuel-efficient small and compact cars, including the new Chevrolet Sonic, the fast-selling Chevrolet Cruze and the new Buick Verano. Furthermore, the Buick LaCrosse, which comes with the 36-mpg highway eAssist powertrain as standard equipment, had a 6 percent year-over-year increase while the Chevrolet Camaro grew by 20 percent.

GM’s crossover sales fell 18 percent and truck sales, which include full-size pickups, vans and SUVs, declined by 6 percent. Retail deliveries dropped by 15 percent compared with the same month the past year. It made up for 70 percent of GM sales. GM has prepared a bold new plan for its products in 2012. For instance, production of the new 2013 Buick Verano is increasing. Last January, the company started to produce the 37-mpg 2013 Chevrolet Malibu Eco, with four-cylinder and turbo powertrains to be launched in the summer at around the same time as the arrival of the new 2013 Chevrolet Spark in showrooms.


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