GM's empoyee discount and its effects - Page 2 - General Forum

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Re: GM's empoyee discount and its effects
Friday, July 01, 2005 3:15 PM
GM Reports 558,092 Deliveries in June, Up 41 Percent

Best Sales Since September 1986
Truck Deliveries Up 68 Percent, Setting All-Time Industry Record
Full-Size Pickups and Sport Utilities Establish New Industry Sales Benchmarks
Best-Ever Sales for GMC, HUMMER and Saab
Cadillac and Chevrolet Have Best Sales Since 1986

DETROIT – General Motors dealers in the U.S. sold 558,092 new cars and trucks in June, up 41 percent compared to year-ago sales. This was GM’s best sales month since September 1986. The strong results were paced by all-time industry record truck sales (382,601) that were up 68 percent. GM led the industry in full-size pickup deliveries, which were up 102 percent. Car sales (175,491) were up 4 percent, with several new vehicles, including Cadillac STS, Chevrolet Cobalt, Pontiac G6 and Buick LaCrosse, posting record sales results.

Calendar year-to-date sales are up 2.5 percent, with truck deliveries up 6 percent and car sales down 3 percent. Second-quarter sales increased 9 percent, with truck deliveries up 12 percent and car sales up 3 percent.

“We had great results across the board in June, and our truck business was exceptionally strong,” said Mark LaNeve, GM vice president, North America Vehicle Sales, Service and Marketing. “We see this as an indication that America’s desire for trucks and SUVs is still a strong force in the marketplace. It’s really pretty simple – offer great vehicles that people want, match that with outstanding value, and you’ll get great results.”

LaNeve went on to say that the ‘GM Employee Discount for Everyone’ exceeded expectations. “We were confident that our ‘Employee Discount’ program would hit a responsive cord, but we were a little surprised by just how strong the results were, including bringing over one hundred and fifty thousand new customers into the GM family in June. This definitely moves us in the right direction as we gear up to introduce our 2006 models,” he added.

Chevrolet had its best sales since 1986, driven by record truck sales that were up 66 percent. Silverado led the industry in full-size pickup sales, up 102 percent with its best-ever sales. Colorado (up 82 percent) and Equinox (up 138 percent) also claimed all-time record deliveries. Chevrolet’s newest cars, Cobalt and Aveo, both beat their previous best-ever sales results. Cobalt deliveries were up 7 percent compared to May and Aveo sales improved 94.5 percent versus year-ago levels.

Cadillac continued its strong sales performance, also posting its best sales since 1986, with sales up 64 percent. June’s results were paced by record CTS sales, up 49 percent. STS continues to build sales momentum with its best sales results since launch. On the truck side, each vehicle in the Escalade portfolio posted sales gains. Escalade sales were up 30 percent, ESV increased 42 percent and EXT rose 55 percent.

Buick-Pontiac-GMC combined deliveries were up 35 percent compared to last year, led by best-ever GMC deliveries, up 85 percent versus year-ago levels. A number of all-time GMC records were achieved, including best-ever monthly deliveries for Canyon (up 178 percent), Sierra (up 127 percent) and Yukon (up 96 percent). Buick posted strong sales results in June, with deliveries up 31 percent. LaCrosse sales rose 51 percent, its best sales since launch, setting month-over-month sales increases for six of seven months since its launch. Buick truck deliveries were up in June, paced by strong Rainier (up 34 percent) and Rendezvous (up 73 percent) sales. Pontiac G6 had its best-ever sales in June as the first coupes began arriving in dealerships.

The all-new HUMMER H3, which as a 2006 model was not included in the ‘GM Employee Discount for Everyone’ program, is off to a strong start with 3,841 units sold in June. HUMMER had its best sales month since the launch of the division mid-2002, with deliveries up 199 percent compared to year-ago levels. H2 deliveries established a new June record, with sales up 31 percent compared to year-ago levels.

Saturn also had a strong sales month (up 33 percent), led by record June deliveries for Vue, which were up 66 percent compared to year-ago levels. Relay also had its best sales-to-date, with deliveries that were 31 percent above May levels.

Saab had its best-ever sales results in its 49-year history in the U.S., with deliveries up 57 percent compared to last June. The 9-2X had its best sales-to-date, posting a 77 percent improvement over May sales. Production of the all-new 9-7X SUV continues to ramp up.

Official GTO sales of 1442, and 6907 YTD

Re: GM's empoyee discount and its effects
Thursday, July 07, 2005 1:45 PM
Davide wrote:

We are screwing ourselves with Capitalism and always paying the lowest price.

Ignorance taken to a new daring level ...
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