GM’s U.S. Sales Up 7 Percent in November

DETROIT – General Motors Co. (NYSE: GM) today reported total sales of 180,402 vehicles in November, up 7 percent compared with November 2010.

Retail deliveries were up 15 percent compared with the same month a year ago and accounted for 77 percent of GM sales.  Deliveries to fleets were down 14 percent.

“We are seeing a broad spectrum of customers return to the market,” said Don Johnson, vice president, U.S. Sales Operations. “Truck sales showed a very solid increase, as we expected, but the momentum building behind our most fuel-efficient vehicles was even stronger.”

In November, combined sales of GM small and compact cars, led by the new Chevrolet Sonic and consistently strong-selling Chevrolet Cruze, were up 54 percent compared with a year ago.  GM’s total passenger car sales increased 1 percent, crossover sales decreased 9 percent and sales of trucks, which include full-size pickups, vans and SUVs, increased 25 percent.

Highlights for the month include a 34-percent increase in Chevrolet Silverado sales and a 22-percent increase in GMC Sierra sales.  Other vehicles posting double-digit sales increases were the Chevrolet Cruze, Camaro, Avalanche, Colorado, Suburban, Tahoe and Express van, the GMC Yukon and Yukon XL, and the Cadillac SRX.

Calendar year to date, all four GM brands have increased their sales compared with the same period a year ago, on the strength of double-digit increases in retail sales.

Sales Highlights	Nov. 2011 Total  Sales (vehicles)	Total Change vs. Nov. 2010	Nov. 2011 Retail Sales vs. Nov. 2010	CYTD Total Sales (vehicles)	CYTD Total Sales Change vs. 2010	CYTD Retail Sales Change vs. 2010
Chevrolet	128,907	9.6%	22.9%	1,614,654	13.9%	21.1%
GMC	29,470	6.8%	8.3%	356,026	21.6%	19.1%
Buick	10,880	(7.2%)	(7.1%)	162,659	17.6%	17.8%
Cadillac	11,145	(5.6%)	(1.4%)	136,130	4.5%	11.2%
Total GM	180,402	6.9%	15.1%	2,269,469	14.7%	19.7%

 

GM ended November with about 620,000 units in dealer stock and expects to end the year with inventory in the high 500,000-unit range, including approximately 200,000 full-size pickup trucks, as previously announced.

 

Inventory	Units @Nov. 30, 2011	Days Supply (selling days adjusted)	Units @Oct. 31, 2011	Days Supply (selling days adjusted)
All Vehicles	623,666	86	592,151	82
Full-size Pickups	202,720	105	207,596	104

 

Industry Sales	October	Nov. SAAR (est.)	CYTD SAAR (est.)	Full Year 2011(est.)
Total Vehicles	13.6 million	14.0 million	13.0 million	13.0 million – 13.5 million(low end)