GM sales fell by a combined 11 percent in August
By Andrew, 01 Sep, 2010. 0 Comments
2011 Buick Regal
GM announced today that its sales decreased by a combined 11 percent after its brands Chevrolet, Buick, GMC and Cadillac delivered 184,921 units, compared to last August 2009, when the manufacturer experienced the highest level of sales in 2009, due to Cash for Clunkers stimulus program. Comparing them to July 2010, the sales were down 7 percent. It a appears that Buick brand remained the industry’s fastest-growing brand due to the fact that its sales were up 61 percent year to date. Cadillac luxury brand is still the leader in industry in sales growth this year, with sales 50 percent higher through August. “Last year’s Cash for Clunkers program spiked industry sales in 2009, so results this August were, not surprisingly, a bit mixed,” said Don Johnson, vice president, U.S. Sales Operations. “Importantly, three of our four divisions showed solid gains. This is further evidence that our performance is the result of balanced contributions across our brands.” Still, GM remains very optimistic regarding its sales because the new Cruze will hit the showrooms in September, the Volt later this year while the Buick Regal will expand the brand’s footprint in the U.S.
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