August 2008 Auto Sales
09-03-08, 03:14 PM
#31
09-03-08, 03:54 PM
#32
Lexus Champion
You make a good point. Will Hyundai buyers buy expensive cars? Looks like, not yet. I remember when the Vera Cruz came out, it was rxtensively compared to the RX by Hyundai as well as the press. August sales = RX 8,969... Vera Cruz 552. I hope they are successful but it seems they have a way to go.
09-03-08, 04:00 PM
#33
Pole Position
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Subaru Reports Record Breaking Sales for August 2008
Here are the Subaru results:
CHERRY HILL, N.J., Sept. 3 /PRNewswire/ -- Subaru of America, Inc. today reported August sales of 18,932 total units -- a 14% increase over the same month in 2007 of 16,573 units. The company posted total year-to-date sales of 129,298 units, a 6% gain over YTD August 2007 of 122,165 units.
The Subaru Forester hit an all-time sales record of 6,763 units resulting
in an increase of over 73% from August 2007 sales as did the Subaru Legacy
Sedan at 2,402 units -- a 24% increase over the same period last year. The
Subaru Impreza posted its best August ever -- up an impressive 15% over the
same period last year.
Model 2008 August % v 2007
Total Impreza 5,071 +15%
Total Legacy 2,402 +24%
Total Outback 3,834 -15%
(incl. Legacy Wagon)
Total Forester 6,763 +73%
Total Tribeca 862 -53%
Total 18,932 +14%
"Subaru is enjoying record sales due to the strength of our product line and the top-notch service provided by our dealerships," said Tim Colbeck, vice president of sales for Subaru of America. "While the market is down 11 percent for the month of August and 8 percent on a year-to-date basis, we are growing with products that are not only fuel efficient, but also leaders in durability, capability, and safety."
"Subaru is proud to provide a safer, superior driving experience for its customers," said Thomas J. Doll, executive vice president for Subaru of America. "Equipped with unique symmetrical All-Wheel Drive technology and the Subaru boxer engine, the Subaru product line, renowned for durability, reliability, traction and "active safety," represents one of the highest repurchase-loyalty ratings in the U.S. market," Doll added.
For a complete sales chart and additional information about Subaru of America, Inc. and Subaru vehicles, visit our media website at http://www.media.subaru.com.
About Subaru of America, Inc.
The Subaru Forester hit an all-time sales record of 6,763 units resulting
in an increase of over 73% from August 2007 sales as did the Subaru Legacy
Sedan at 2,402 units -- a 24% increase over the same period last year. The
Subaru Impreza posted its best August ever -- up an impressive 15% over the
same period last year.
Model 2008 August % v 2007
Total Impreza 5,071 +15%
Total Legacy 2,402 +24%
Total Outback 3,834 -15%
(incl. Legacy Wagon)
Total Forester 6,763 +73%
Total Tribeca 862 -53%
Total 18,932 +14%
"Subaru is enjoying record sales due to the strength of our product line and the top-notch service provided by our dealerships," said Tim Colbeck, vice president of sales for Subaru of America. "While the market is down 11 percent for the month of August and 8 percent on a year-to-date basis, we are growing with products that are not only fuel efficient, but also leaders in durability, capability, and safety."
"Subaru is proud to provide a safer, superior driving experience for its customers," said Thomas J. Doll, executive vice president for Subaru of America. "Equipped with unique symmetrical All-Wheel Drive technology and the Subaru boxer engine, the Subaru product line, renowned for durability, reliability, traction and "active safety," represents one of the highest repurchase-loyalty ratings in the U.S. market," Doll added.
For a complete sales chart and additional information about Subaru of America, Inc. and Subaru vehicles, visit our media website at http://www.media.subaru.com.
About Subaru of America, Inc.
09-03-08, 04:03 PM
#34
Super Moderator
Mitsubishi Motors Reports August Sales
Mitsubishi Motors Reports August Sales
CYPRESS, Calif., Sept. 3 /PRNewswire/ -- Mitsubishi Motors today
announced total August 2008 sales of 9,200.
Galant sales were 2,976, which is the largest month for Galant since
August 2007.
August 2008 Lancer Evolution sales were up 228 percent over August 2007
sales.
Mitsubishi's total August 2008 sales were down 29 percent, compared to
August 2007 (13,020 sales), which was the largest August sales month in
four years.
SOURCE Mitsubishi Motors North America, Inc.
CYPRESS, Calif., Sept. 3 /PRNewswire/ -- Mitsubishi Motors today
announced total August 2008 sales of 9,200.
Galant sales were 2,976, which is the largest month for Galant since
August 2007.
August 2008 Lancer Evolution sales were up 228 percent over August 2007
sales.
Mitsubishi's total August 2008 sales were down 29 percent, compared to
August 2007 (13,020 sales), which was the largest August sales month in
four years.
SOURCE Mitsubishi Motors North America, Inc.
09-03-08, 04:05 PM
#35
Super Moderator
Chrysler LLC
Chrysler LLC Reports August 2008 U.S. Sales; Continues 'Shop 'Til You Drive' Campaign With Up to 40 Percent Off MSRP
- Dodge Grand Caravan and Chrysler Town & Country minivans have strong
sales month, up 7 percent over last year
- Dodge Ram light-duty truck and Jeep(R) Liberty performance improves
versus July
- Dodge Journey gains momentum; buyers coming out of larger SUVs
- Dodge Charger sales continue to grow
- Up to 40 percent off MSRP available in September
AUBURN HILLS, Mich., Sept. 3 /PRNewswire/ -- Chrysler LLC today
reported total August 2008 U.S. sales of 110,235 units, down 34 percent
from the same period last year. Total August sales reflect an industry-wide
slowdown, segment shifts and reduced fleet sales. Compared with July 2008,
Chrysler's August sales increased 12 percent supported by enhanced
financing offers, efforts to shift lease-oriented customers to purchasing,
leasing availability from independent financial institutions and better
demand for key vehicles. Although Chrysler Financial is no longer offering
leasing options to Chrysler customers, customers are still able to lease
Chrysler, Jeep and Dodge products through independent financial
institutions and qualify for available discounts.
"The industry is changing rapidly in terms of what vehicles and
features customers want and the leasing and financing options available to
them," Jim Press, Chrysler LLC Vice Chairman and President, said. "To help
consumers, we are offering some of our most popular vehicles at significant
savings. In August, we saw this formula generate new signs of momentum on
vehicles like our Chrysler and Dodge minivans, Dodge Ram light-duty trucks
and Jeep(R) Liberty. In September, we will continue to offer competitive
values and showcase dynamic new vehicles like the 2009 Dodge Challenger,
and hybrid Dodge Durango and Chrysler Aspen SUVs."
September Incentives
Chrysler's 'Shop 'til You Drive Sales Event' continues through Sept.
30, offering up to 40 percent off MSRP on select vehicles, and zero percent
APR for 72-months on the 2008 Dodge Ram, Dodge Durango, Chrysler Aspen,
Jeep Grand Cherokee and Jeep Commander. Especially strong values are
available on Dodge Ram pickup trucks, with up to $9,000 discounts in select
markets.
In September, customers can continue to take advantage of consumer
bonus cash of $2,000 on select retail purchases when financed through
Chrysler Financial. For those customers who still wish to lease a Chrysler,
Jeep or Dodge vehicle through an independent financial institution, they
can take advantage of Chrysler's Customer Cash Allowance on select vehicles
up to $2,000.
Returning lease customers will receive a Lease Loyalty incentive up to
$750 for use towards the retail purchase of an eligible new Chrysler, Jeep
or Dodge vehicle. The disposition fee, up to $425, will be waived by
Chrysler Financial.
August Sales Highlights
Total Chrysler LLC minivan sales were up 7 percent compared with a year
ago. The Dodge Grand Caravan posted sales of 9,422 units, nearly flat when
compared with August 2007 sales. However, when compared with July 2008,
Grand Caravan sales were up 54 percent. The all-new Chrysler Town & Country
posted increased sales of 10,182 units in August, up 15 percent compared
with August 2007 sales, and up 26 percent when compared with July 2008
sales.
Total Dodge Ram light-duty truck sales have doubled in the last 60
days, (June sales 9,172 units vs. August sales 18,774 units). Although
sales were down 7 percent when compared with August 2007, sales increased
16 percent when compared with July 2008 sales. The 2009 model year Dodge
Ram will begin arriving in Dodge dealerships in September.
The all-new 2008 Dodge Journey continues to gain momentum in the
expanding mid-size crossover segment by capturing more than 35 percent of
its buyers from owners of larger SUVs who are looking for efficiency and
versatility. More than half of all Dodge Journey sales were first-time
customers to the Dodge Brand. Journey posted sales of 4,587 in August, a 33
percent increase when compared with July 2008 sales of 3,449 units.
Chrysler LLC sold 4,654 units of the Jeep Liberty in August, a decrease
of 14 percent when compared with August 2007. However, the vehicle picked
up some momentum in August increasing sales 24 percent when compared with
July 2008 sales.
Sales for the Dodge Charger continue to grow. In August, 8,102 Dodge
Chargers were sold, a 3 percent increase versus 2007 sales, and a 48
percent increase compared with July 2008 sales.
The Company finished the month with 380,560 units of inventory, or a
93-day supply. As part of a planned reduction in manufacturing and
capacity, inventory is down 15 percent compared with August 2007 when it
totaled 446,249 units.
SOURCE Chrysler LLC
- Dodge Grand Caravan and Chrysler Town & Country minivans have strong
sales month, up 7 percent over last year
- Dodge Ram light-duty truck and Jeep(R) Liberty performance improves
versus July
- Dodge Journey gains momentum; buyers coming out of larger SUVs
- Dodge Charger sales continue to grow
- Up to 40 percent off MSRP available in September
AUBURN HILLS, Mich., Sept. 3 /PRNewswire/ -- Chrysler LLC today
reported total August 2008 U.S. sales of 110,235 units, down 34 percent
from the same period last year. Total August sales reflect an industry-wide
slowdown, segment shifts and reduced fleet sales. Compared with July 2008,
Chrysler's August sales increased 12 percent supported by enhanced
financing offers, efforts to shift lease-oriented customers to purchasing,
leasing availability from independent financial institutions and better
demand for key vehicles. Although Chrysler Financial is no longer offering
leasing options to Chrysler customers, customers are still able to lease
Chrysler, Jeep and Dodge products through independent financial
institutions and qualify for available discounts.
"The industry is changing rapidly in terms of what vehicles and
features customers want and the leasing and financing options available to
them," Jim Press, Chrysler LLC Vice Chairman and President, said. "To help
consumers, we are offering some of our most popular vehicles at significant
savings. In August, we saw this formula generate new signs of momentum on
vehicles like our Chrysler and Dodge minivans, Dodge Ram light-duty trucks
and Jeep(R) Liberty. In September, we will continue to offer competitive
values and showcase dynamic new vehicles like the 2009 Dodge Challenger,
and hybrid Dodge Durango and Chrysler Aspen SUVs."
September Incentives
Chrysler's 'Shop 'til You Drive Sales Event' continues through Sept.
30, offering up to 40 percent off MSRP on select vehicles, and zero percent
APR for 72-months on the 2008 Dodge Ram, Dodge Durango, Chrysler Aspen,
Jeep Grand Cherokee and Jeep Commander. Especially strong values are
available on Dodge Ram pickup trucks, with up to $9,000 discounts in select
markets.
In September, customers can continue to take advantage of consumer
bonus cash of $2,000 on select retail purchases when financed through
Chrysler Financial. For those customers who still wish to lease a Chrysler,
Jeep or Dodge vehicle through an independent financial institution, they
can take advantage of Chrysler's Customer Cash Allowance on select vehicles
up to $2,000.
Returning lease customers will receive a Lease Loyalty incentive up to
$750 for use towards the retail purchase of an eligible new Chrysler, Jeep
or Dodge vehicle. The disposition fee, up to $425, will be waived by
Chrysler Financial.
August Sales Highlights
Total Chrysler LLC minivan sales were up 7 percent compared with a year
ago. The Dodge Grand Caravan posted sales of 9,422 units, nearly flat when
compared with August 2007 sales. However, when compared with July 2008,
Grand Caravan sales were up 54 percent. The all-new Chrysler Town & Country
posted increased sales of 10,182 units in August, up 15 percent compared
with August 2007 sales, and up 26 percent when compared with July 2008
sales.
Total Dodge Ram light-duty truck sales have doubled in the last 60
days, (June sales 9,172 units vs. August sales 18,774 units). Although
sales were down 7 percent when compared with August 2007, sales increased
16 percent when compared with July 2008 sales. The 2009 model year Dodge
Ram will begin arriving in Dodge dealerships in September.
The all-new 2008 Dodge Journey continues to gain momentum in the
expanding mid-size crossover segment by capturing more than 35 percent of
its buyers from owners of larger SUVs who are looking for efficiency and
versatility. More than half of all Dodge Journey sales were first-time
customers to the Dodge Brand. Journey posted sales of 4,587 in August, a 33
percent increase when compared with July 2008 sales of 3,449 units.
Chrysler LLC sold 4,654 units of the Jeep Liberty in August, a decrease
of 14 percent when compared with August 2007. However, the vehicle picked
up some momentum in August increasing sales 24 percent when compared with
July 2008 sales.
Sales for the Dodge Charger continue to grow. In August, 8,102 Dodge
Chargers were sold, a 3 percent increase versus 2007 sales, and a 48
percent increase compared with July 2008 sales.
The Company finished the month with 380,560 units of inventory, or a
93-day supply. As part of a planned reduction in manufacturing and
capacity, inventory is down 15 percent compared with August 2007 when it
totaled 446,249 units.
Code:
Chrysler LLC U.S. Sales Summary Thru August 2008
Month Sales Vol %
Model Curr Yr Pr Yr Change
Sebring 4,140 7,659 -46%
300 3,688 9,016 -59%
Crossfire 162 372 -56%
PT Cruiser 3,808 10,938 -65%
Aspen 1,922 3,599 -47%
Pacifica 435 3,228 -87%
Town & Country 10,182 8,838 15%
CHRYSLER BRAND 24,337 43,650 -44%
Compass 1,602 3,625 -56%
Patriot 4,019 5,081 -21%
Wrangler 6,469 9,464 -32%
Liberty 4,654 5,387 -14%
Grand Cherokee 4,736 12,265 -61%
Commander 1,996 5,890 -66%
JEEP BRAND 23,476 41,712 -44%
Caliber 4,022 9,320 -57%
Avenger 3,557 5,989 -41%
Charger 8,102 7,846 3%
Challenger 2,077 0 0%
Viper 104 1 N/A
Magnum 148 1,087 -86%
Dakota 1,032 4,620 -78%
Ram P/U 24,974 32,309 -23%
Journey 4,587 0 0%
Caravan 9,422 9,548 -1%
Durango 1,430 3,284 -56%
Nitro 1,991 6,931 -71%
Sprinter 976 1,906 -49%
DODGE BRAND 62,422 82,841 -25%
TOTAL CHRYSLER LLC 110,235 168,203 -34%
TOTAL CAR 26,016 42,308 -39%
TOTAL TRUCK 84,219 125,895 -33%
Selling Days 27 27
Sales CYTD Vol %
Model Curr Yr Pr Yr Change
Sebring 55,978 62,220 -10%
300 47,520 81,020 -41%
Crossfire 1,453 7,789 -81%
PT Cruiser 39,935 71,243 -44%
Aspen 16,368 18,593 -12%
Pacifica 5,077 38,691 -87%
Town & Country 86,058 90,453 -5%
CHRYSLER BRAND 252,389 370,009 -32%
Compass 21,396 28,421 -25%
Patriot 44,154 23,367 89%
Wrangler 59,005 83,944 -30%
Liberty 49,330 62,035 -20%
Grand Cherokee 52,768 82,827 -36%
Commander 21,064 45,615 -54%
JEEP BRAND 247,717 326,209 -24%
Caliber 67,940 74,004 -8%
Avenger 49,328 50,830 -3%
Charger 72,102 80,225 -10%
Challenger 6,067 0 0%
Viper 786 324 143%
Magnum 6,742 18,714 -64%
Dakota 21,004 37,188 -44%
Ram P/U 175,246 246,878 -29%
Journey 30,767 0 0%
Caravan 91,342 120,055 -24%
Durango 16,723 34,661 -52%
Nitro 27,540 48,745 -44%
Sprinter 10,477 9,704 8%
DODGE BRAND 576,064 722,806 -20%
TOTAL CHRYSLER LLC 1,076,170 1,419,024 -24%
TOTAL CAR 309,002 386,195 -20%
TOTAL TRUCK 767,168 1,032,829 -26%
Selling Days 206 205
09-03-08, 04:10 PM
#36
Super Moderator
General Motors
GM Reports 308,817 Deliveries in August; Up 31.3 Percent From July and the Highest Monthly Sales Total in 2008; Employee Discount For Everyone Extended
* Car retail sales increase driven by Chevrolet Malibu sales up 212 percent, Pontiac Vibe up 114 percent, Cadillac CTS up 87 percent, Corvette up 49 percent and Chevrolet Impala up 27 percent compared with last August
* Buick Enclave, GMC Acadia and Saturn Outlook crossover retail sales up 29 percent
* 80,000 Chevrolet Silverado, Avalanche and GMC Sierra pickups sold, best month since August, 2007
* Chevrolet Tahoe, Suburban and GMC Yukon sales highest so far in 2008 with more than 22,000 deliveries
* August had largest total, retail and fleet deliveries so far in 2008
* Anticipated best monthly market share performance of 2008
DETROIT - General Motors dealers in the United States delivered 308,817 vehicles in August, making it GM's best monthly total, retail and fleet sales performance so far in 2008. The strong showing was spurred by GM's Employee Discount for Everyone sale in celebration of GM's Centennial later this month. In response to ongoing customer and dealer demand, the sale is being extended through September 30, 2008 and a number of 2009 models are being added due to dwindling 2008 inventories.
Compared with an exceptionally strong retail and fleet month last year, August total sales were down 20 percent. However, when compared with July, 2008, total sales were up 31 percent, retail sales were up 32 percent and fleet sales were up 29 percent. Last August's sales performance was influenced by significantly lower fuel prices and a 0 percent APR for 60 months offer on pickups.
Notably in August, Chevrolet Silverado, Avalanche and GMC Sierra had their strongest total sales month since last August, with more than 80,000 vehicles sold, as GM full-size pickups continue to build market share calendar-year-to-date. Silverado sales were up 69 percent, Avalanche was up 59 percent and Sierra sales increased 75 percent compared with July, 2008.
Chevrolet Tahoe, Suburban and GMC Yukon full-size utilities had their best performance of the year with total sales up 33 percent compared with July with more than 22,000 vehicles sold. Overall, GM August truck sales (excluding crossovers) declined 25.6 percent compared with a year ago.
"Our award-winning lineup of new products, combined with the GM Employee Discount for Everyone sale that started August 20th, helped drive additional showroom traffic and our dealers are giving us some very enthusiastic feedback. We had our best sales month so far in 2008. Today we're announcing the extension of the sale through September 30, and we've added 19 additional 2009 models to the eligible list of vehicles because our 2008 stock on dealer lots is rapidly disappearing," said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing.
"With the recent moderation in fuel prices, we're seeing some relaxation of pent-up demand in pickups and utilities. Our August sales of these segment-leading trucks and utilities has been the best in nearly a year and August marked the fourth consecutive month that truck sales as a percentage of GM and industry sales increased. We also saw double-digit retail increases in our crossovers compared with July," LaNeve added. "We saw great car retail performance in our launch products, including the Chevrolet Malibu, Cadillac CTS, Pontiac Vibe and G8, and Saturn Astra, and continued strong retail demand for our fuel efficient Chevrolet Aveo and HHR."
Chevrolet retail car sales were up 18 percent, Pontiac retail car sales increased 11 percent and Cadillac retail car sales were up 10 percent compared with last August.
Cadillac CTS dominated the mid-car luxury category with retail sales increasing 87 percent compared with the same month a year ago.
Saturn Astra monthly sales of more than 1,900 vehicles were the best to date, and show a 28 percent increase compared with July 2008 (Astra was not available last August).
GM's popular midsized crossovers -- Buick Enclave, GMC Acadia and Saturn Outlook -- together accounted for more than 14,600 vehicle sales in the month, with a retail sales increase of 29 percent compared with a year ago.
GM hybrid vehicles continue to gain in popularity in the marketplace with 530 hybrid Chevrolet Tahoe, 267 GMC Yukon and 1 Cadillac Escalade 2-mode SUVs delivered. There were 388 Chevrolet Malibu, 26 Saturn Aura and 417 Vue hybrids sold in August. For the month, a total of 1,629 hybrid vehicles were delivered, with 7,096 hybrids sold so far this year.
"Customers are responding to our six hybrid models - vehicles that provide industry-leading value, great fuel economy and the best warranty coverage of any full-line automaker," LaNeve added. "We're working hard to change perceptions and gain awareness of GM as the leader in advanced propulsion technology and fuel efficiency."
GM has aggressively managed inventories to low levels. In August, only about 736,000 vehicles were in stock - the lowest August level since 1998 - down about 209,000 vehicles (22 percent) compared with last August. There were about 256,000 cars and 480,000 trucks (including crossovers) in inventory at the end of August.
Certified Used Vehicles
August 2008 sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saturn Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 41,238 vehicles, down 8 percent from August 2007. Year-to-date sales are 339,375 vehicles, down 5 percent from the same period last year.
GM Certified Used Vehicles, the industry's top-selling certified brand, posted August sales of 35,168 vehicles, down 12 percent from a strong August 2007 sales performance. Saturn Certified Pre-Owned Vehicles sold 1,005 vehicles, down nearly 6 percent. Cadillac Certified Pre-Owned Vehicles sold 4,023 vehicles, up 27 percent. Saab Certified Pre-Owned Vehicles sold 791 vehicles, up 32 percent, and HUMMER Certified Pre-Owned Vehicles sold 251 vehicles, up 130 percent.
"The Cadillac, Saab and HUMMER programs posted robust sales increases in August, while GM Certified Used Vehicles continues to lead the certified pre-owned segment in sales," said LaNeve. "The launch this month of a new 12-month/12,000-mile bumper-to-bumper warranty on all Saturn Certified Pre-Owned and GM Certified Used Vehicles, effective September 13, will provide shoppers a range of peace-of-mind assurances as strong as those provided by any certified program in America."
GM North America Reports August, 2008 Production; Third-Quarter Production Forecast at 920,000 Vehicles; Initial Fourth Quarter Forecast is 875,000 Vehicles
In August, GM North America produced 341,000 vehicles (158,000 cars and 183,000 trucks). This is down 96,000 vehicles or 22 percent compared with August 2007 when the region produced 437,000 vehicles (152,000 cars and 285,000 trucks). (Production totals include joint venture production of 18,000 vehicles in August 2008 and 21,000 vehicles in August 2007.)
The GM North America third-quarter production forecast is at 920,000 vehicles (443,000 cars and 477,000 trucks) which is down about 10 percent compared with a year ago, due to production adjustments in response to market changes that will reduce the number of trucks produced by about 176,000 and increase the number of cars by about 76,000. GM North America built 1.020 million vehicles (367,000 cars and 653,000 trucks) in the third-quarter of 2007.
The initial GM North America fourth-quarter production forecast is 875,000 vehicles (436,000 cars and 439,000 trucks) which is down about 16 percent compared with a year ago. GM North America built 1.042 million vehicles (358,000 cars and 684,000 trucks) in the fourth-quarter of 2007.
General Motors Corp. (NYSE: GM), the world's largest automaker, has been the annual global industry sales leader for 77 years. Founded in 1908, GM today employs about 266,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2007, nearly 9.37 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services.
MORE, with Chart : http://media.gm.com/servlet/GatewayS...=2&docid=48302
.
* Car retail sales increase driven by Chevrolet Malibu sales up 212 percent, Pontiac Vibe up 114 percent, Cadillac CTS up 87 percent, Corvette up 49 percent and Chevrolet Impala up 27 percent compared with last August
* Buick Enclave, GMC Acadia and Saturn Outlook crossover retail sales up 29 percent
* 80,000 Chevrolet Silverado, Avalanche and GMC Sierra pickups sold, best month since August, 2007
* Chevrolet Tahoe, Suburban and GMC Yukon sales highest so far in 2008 with more than 22,000 deliveries
* August had largest total, retail and fleet deliveries so far in 2008
* Anticipated best monthly market share performance of 2008
DETROIT - General Motors dealers in the United States delivered 308,817 vehicles in August, making it GM's best monthly total, retail and fleet sales performance so far in 2008. The strong showing was spurred by GM's Employee Discount for Everyone sale in celebration of GM's Centennial later this month. In response to ongoing customer and dealer demand, the sale is being extended through September 30, 2008 and a number of 2009 models are being added due to dwindling 2008 inventories.
Compared with an exceptionally strong retail and fleet month last year, August total sales were down 20 percent. However, when compared with July, 2008, total sales were up 31 percent, retail sales were up 32 percent and fleet sales were up 29 percent. Last August's sales performance was influenced by significantly lower fuel prices and a 0 percent APR for 60 months offer on pickups.
Notably in August, Chevrolet Silverado, Avalanche and GMC Sierra had their strongest total sales month since last August, with more than 80,000 vehicles sold, as GM full-size pickups continue to build market share calendar-year-to-date. Silverado sales were up 69 percent, Avalanche was up 59 percent and Sierra sales increased 75 percent compared with July, 2008.
Chevrolet Tahoe, Suburban and GMC Yukon full-size utilities had their best performance of the year with total sales up 33 percent compared with July with more than 22,000 vehicles sold. Overall, GM August truck sales (excluding crossovers) declined 25.6 percent compared with a year ago.
"Our award-winning lineup of new products, combined with the GM Employee Discount for Everyone sale that started August 20th, helped drive additional showroom traffic and our dealers are giving us some very enthusiastic feedback. We had our best sales month so far in 2008. Today we're announcing the extension of the sale through September 30, and we've added 19 additional 2009 models to the eligible list of vehicles because our 2008 stock on dealer lots is rapidly disappearing," said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing.
"With the recent moderation in fuel prices, we're seeing some relaxation of pent-up demand in pickups and utilities. Our August sales of these segment-leading trucks and utilities has been the best in nearly a year and August marked the fourth consecutive month that truck sales as a percentage of GM and industry sales increased. We also saw double-digit retail increases in our crossovers compared with July," LaNeve added. "We saw great car retail performance in our launch products, including the Chevrolet Malibu, Cadillac CTS, Pontiac Vibe and G8, and Saturn Astra, and continued strong retail demand for our fuel efficient Chevrolet Aveo and HHR."
Chevrolet retail car sales were up 18 percent, Pontiac retail car sales increased 11 percent and Cadillac retail car sales were up 10 percent compared with last August.
Cadillac CTS dominated the mid-car luxury category with retail sales increasing 87 percent compared with the same month a year ago.
Saturn Astra monthly sales of more than 1,900 vehicles were the best to date, and show a 28 percent increase compared with July 2008 (Astra was not available last August).
GM's popular midsized crossovers -- Buick Enclave, GMC Acadia and Saturn Outlook -- together accounted for more than 14,600 vehicle sales in the month, with a retail sales increase of 29 percent compared with a year ago.
GM hybrid vehicles continue to gain in popularity in the marketplace with 530 hybrid Chevrolet Tahoe, 267 GMC Yukon and 1 Cadillac Escalade 2-mode SUVs delivered. There were 388 Chevrolet Malibu, 26 Saturn Aura and 417 Vue hybrids sold in August. For the month, a total of 1,629 hybrid vehicles were delivered, with 7,096 hybrids sold so far this year.
"Customers are responding to our six hybrid models - vehicles that provide industry-leading value, great fuel economy and the best warranty coverage of any full-line automaker," LaNeve added. "We're working hard to change perceptions and gain awareness of GM as the leader in advanced propulsion technology and fuel efficiency."
GM has aggressively managed inventories to low levels. In August, only about 736,000 vehicles were in stock - the lowest August level since 1998 - down about 209,000 vehicles (22 percent) compared with last August. There were about 256,000 cars and 480,000 trucks (including crossovers) in inventory at the end of August.
Certified Used Vehicles
August 2008 sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saturn Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 41,238 vehicles, down 8 percent from August 2007. Year-to-date sales are 339,375 vehicles, down 5 percent from the same period last year.
GM Certified Used Vehicles, the industry's top-selling certified brand, posted August sales of 35,168 vehicles, down 12 percent from a strong August 2007 sales performance. Saturn Certified Pre-Owned Vehicles sold 1,005 vehicles, down nearly 6 percent. Cadillac Certified Pre-Owned Vehicles sold 4,023 vehicles, up 27 percent. Saab Certified Pre-Owned Vehicles sold 791 vehicles, up 32 percent, and HUMMER Certified Pre-Owned Vehicles sold 251 vehicles, up 130 percent.
"The Cadillac, Saab and HUMMER programs posted robust sales increases in August, while GM Certified Used Vehicles continues to lead the certified pre-owned segment in sales," said LaNeve. "The launch this month of a new 12-month/12,000-mile bumper-to-bumper warranty on all Saturn Certified Pre-Owned and GM Certified Used Vehicles, effective September 13, will provide shoppers a range of peace-of-mind assurances as strong as those provided by any certified program in America."
GM North America Reports August, 2008 Production; Third-Quarter Production Forecast at 920,000 Vehicles; Initial Fourth Quarter Forecast is 875,000 Vehicles
In August, GM North America produced 341,000 vehicles (158,000 cars and 183,000 trucks). This is down 96,000 vehicles or 22 percent compared with August 2007 when the region produced 437,000 vehicles (152,000 cars and 285,000 trucks). (Production totals include joint venture production of 18,000 vehicles in August 2008 and 21,000 vehicles in August 2007.)
The GM North America third-quarter production forecast is at 920,000 vehicles (443,000 cars and 477,000 trucks) which is down about 10 percent compared with a year ago, due to production adjustments in response to market changes that will reduce the number of trucks produced by about 176,000 and increase the number of cars by about 76,000. GM North America built 1.020 million vehicles (367,000 cars and 653,000 trucks) in the third-quarter of 2007.
The initial GM North America fourth-quarter production forecast is 875,000 vehicles (436,000 cars and 439,000 trucks) which is down about 16 percent compared with a year ago. GM North America built 1.042 million vehicles (358,000 cars and 684,000 trucks) in the fourth-quarter of 2007.
General Motors Corp. (NYSE: GM), the world's largest automaker, has been the annual global industry sales leader for 77 years. Founded in 1908, GM today employs about 266,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2007, nearly 9.37 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services.
MORE, with Chart : http://media.gm.com/servlet/GatewayS...=2&docid=48302
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09-03-08, 05:42 PM
#40
Flagship luxury
LS-1772
S class- 1700
7 series-1201
A/S8- 274
Premium luxury
5 series- 5287
DTS- 4022
E class- 2681
MKS- 2374
GS- 1686
A6/S6- 1520
M35/45- 1221
STS- 975
S80- 576
RL- 316
9-5- 198
Entry Level Luxury
IS+ES- 14,199
3 series- 10,756
ES- 7881
C class- 6990
IS- 6318
Lacerne- 5920
CTS- 5867
G35+G37c- 5867
LaCrosse 5814
TL- 5000
G35 sedan- 4014
A4 sedan+A5 coupe- 2854
MKZ- 2358
A4/S4/RS 4- 2136
Genesis- 1,177
9-3- 1,100
S60- 467
Sub entry level
Charger- 8102
300- 3688
TSX- 2837
G8- 1915
1 series- 1190
S40- 512
A3- 432
Cute-Utes
X3- 1963
RDX- 1756
EX- 1645
XC70- 772
Premium SUVs
RX- 8969
Enclave- 6078
MDX- 5180
Grand Cherokee- 4654
X5- 3380
CX-9- 3173
MKX- 2651
M class- 2430
GL class- 2184
Commander- 1996
GX- 1720
FX- 1581
XC90- 1175
Q7- 902
Vans (thats right, Vans, people still buy those)
Odyssey- 15,546
Sienna- 10, 244
Town and Country- 10,182
Caravan- 9,422
Journey- 4,587
Quest- 4,124
Flex- 2,010
Uplander- 1,573
Sedona- 886
R-class- 469
Entourage- 391
LS-1772
S class- 1700
7 series-1201
A/S8- 274
Premium luxury
5 series- 5287
DTS- 4022
E class- 2681
MKS- 2374
GS- 1686
A6/S6- 1520
M35/45- 1221
STS- 975
S80- 576
RL- 316
9-5- 198
Entry Level Luxury
IS+ES- 14,199
3 series- 10,756
ES- 7881
C class- 6990
IS- 6318
Lacerne- 5920
CTS- 5867
G35+G37c- 5867
LaCrosse 5814
TL- 5000
G35 sedan- 4014
A4 sedan+A5 coupe- 2854
MKZ- 2358
A4/S4/RS 4- 2136
Genesis- 1,177
9-3- 1,100
S60- 467
Sub entry level
Charger- 8102
300- 3688
TSX- 2837
G8- 1915
1 series- 1190
S40- 512
A3- 432
Cute-Utes
X3- 1963
RDX- 1756
EX- 1645
XC70- 772
Premium SUVs
RX- 8969
Enclave- 6078
MDX- 5180
Grand Cherokee- 4654
X5- 3380
CX-9- 3173
MKX- 2651
M class- 2430
GL class- 2184
Commander- 1996
GX- 1720
FX- 1581
XC90- 1175
Q7- 902
Vans (thats right, Vans, people still buy those)
Odyssey- 15,546
Sienna- 10, 244
Town and Country- 10,182
Caravan- 9,422
Journey- 4,587
Quest- 4,124
Flex- 2,010
Uplander- 1,573
Sedona- 886
R-class- 469
Entourage- 391
1) amazing how LS takes over the S and 7. 7 i can understand, it's old. S class losing to the LS, that's a bit surprising (although not by much)
2) the GS is just sad... e class since last redesigned in 2003 (i think) and it's still selling stronger than the GS. and the 5 is just amazing...
3) mike, IS+ES 14k, and then line 3 ES 7k? does that mean the IS selling 7k? good to see the IS is selling still, and the C is a bit disappointing huh?
4) TSX is pathetic, i see someone covered that already. it's just sad...
5) RX is still so strong, wow, just wow
09-03-08, 06:07 PM
#42
Guest
Posts: n/a
nice comparison mike!
1) amazing how LS takes over the S and 7. 7 i can understand, it's old. S class losing to the LS, that's a bit surprising (although not by much)
2) the GS is just sad... e class since last redesigned in 2003 (i think) and it's still selling stronger than the GS. and the 5 is just amazing...
3) mike, IS+ES 14k, and then line 3 ES 7k? does that mean the IS selling 7k? good to see the IS is selling still, and the C is a bit disappointing huh?
4) TSX is pathetic, i see someone covered that already. it's just sad...
5) RX is still so strong, wow, just wow
1) amazing how LS takes over the S and 7. 7 i can understand, it's old. S class losing to the LS, that's a bit surprising (although not by much)
2) the GS is just sad... e class since last redesigned in 2003 (i think) and it's still selling stronger than the GS. and the 5 is just amazing...
3) mike, IS+ES 14k, and then line 3 ES 7k? does that mean the IS selling 7k? good to see the IS is selling still, and the C is a bit disappointing huh?
4) TSX is pathetic, i see someone covered that already. it's just sad...
5) RX is still so strong, wow, just wow
and the E class but remember they do have more variants and better lease deals. Still though, the 5 series in particular is just incredible from a sales perspective. Henry, yeah the IS and ES had a strong August, I don't recall seeing the IS having a month over 6k sales before. Its older and getting better. RX continues to be best in class but lets look at Buick Enclave sales. WOw
09-03-08, 06:14 PM
#43
true bmw and mb have better lease deals, but still the GS is just weak. the LS and IS are going very fine against their competitions and it's still under the same pressure in terms of lease and finance rates.
i guess it just shows how bad lexus executes the GS. it's just been mistakes over mistakes imho. they got so many wrong on the car and it's not selling (yeah, that coming from a 3gs owner...)
i really have to bow to bmw on the 5. maybe i should get m5
i guess it just shows how bad lexus executes the GS. it's just been mistakes over mistakes imho. they got so many wrong on the car and it's not selling (yeah, that coming from a 3gs owner...)
i really have to bow to bmw on the 5. maybe i should get m5
09-03-08, 06:18 PM
#44
Guest
Posts: n/a
Flagship luxury
LS-1772 Continues to sell well
S class- 1700 Continues to sell well
7 series-1201 Not bad considering its on its way out
A/S8- 274 So sad, this car deserves better
Premium luxury
5 series- 5287 Simply the standard, hell its outselling most of the entry cars
DTS- 4022 Why Caddy wants to discontinue this is beyond me
E class- 2681 Still strong
MKS- 2374 No V-8, more of a class burrer but impressive initial numbers
GS- 1686 Dropping but at least holding
A6/S6- 1520 Sold twice as much as last August
M35/45- 1221 Back over the 1,000 mark
STS- 975 Wow, this is a good car, a shame
S80- 576 Brand new very competitive Volvo gets no love
RL- 316 What a dismal failure, refresh won't help
9-5- 198 Wow, stop making it
Entry Level Luxury
IS+ES- 14,199 Wow
3 series- 10,756 The standard in this class still. Wow
ES- 7881 Best selling non sporty car in this class
C class- 6990 Strong sales for new car
IS- 6318 Wow, what a huge lift in sales, IS 250 is right for this economy
Lacerne- 5920 That is A LOT of cars we have slept on, kudos to Buick
CTS- 5867 More good news for GM
G35+G37c- 5867 Solid sales for both together
LaCrosse 5814 Again More GM good news
TL- 5000 This car is on its way out, it shows just how popular it is!
G35 sedan- 4014 Sales are down, G37 on the way
A4 sedan+A5 coupe- 2854 New A4 on the way
MKZ- 2358 Not bad for Lincoln
A4/S4/RS 4- 2136 New A4 on the way, they hope to do better
Genesis- 1,177 I was expecting at least 3k but I guess this is not bad
9-3- 1,100 Suprised they sold that many, its not a bad car
S60- 467 So sad, poor Volvo
Sub entry level
Charger- 8102 Big sales for this car
300- 3688 How this car has fallen, it was in the 12-15k range before
TSX- 2837 All new car, sales down already
G8- 1915, Not bad, should get better
1 series- 1190 Sales are down already
S40- 512 Wow, Volvo is hurting
A3- 432 , Poor Audi
Cute-Utes
X3- 1963 BMW knows how to sell cars
RDX- 1756 Pretty good month for this car
EX- 1645 0% APR for 72 months= sales
XC70- 772 All new car getting no love
Premium SUVs
RX- 8969 The Standard
Enclave- 6078 More GM good news, this is a superb vehicle
MDX- 5180 Acuras best seller
Grand Cherokee- 4654 Solid but could be better
X5- 3380 Solid sales for an expensive SUVs
CX-9- 3173 Solid for Mazda
MKX- 2651 New SUV that dips already
M class- 2430 Could sell better
GL class- 2184 More expensive than the M and sells just as good
Commander- 1996 I didn't know they still sold this
GX- 1720 Incredible how this vehicle sales are holding on, more than the GS and
FX- 1581 not too good considering its an all new model
XC90- 1175 Volvos best seller
Q7- 902 Another Audi at the bottom
Vans (thats right, Vans, people still buy those)
Odyssey- 15,546
Sienna- 10, 244
Town and Country- 10,182
Caravan- 9,422
Journey- 4,587
Quest- 4,124
Flex- 2,010
Uplander- 1,573
Sedona- 886
R-class- 469
Entourage- 391
LS-1772 Continues to sell well
S class- 1700 Continues to sell well
7 series-1201 Not bad considering its on its way out
A/S8- 274 So sad, this car deserves better
Premium luxury
5 series- 5287 Simply the standard, hell its outselling most of the entry cars
DTS- 4022 Why Caddy wants to discontinue this is beyond me
E class- 2681 Still strong
MKS- 2374 No V-8, more of a class burrer but impressive initial numbers
GS- 1686 Dropping but at least holding
A6/S6- 1520 Sold twice as much as last August
M35/45- 1221 Back over the 1,000 mark
STS- 975 Wow, this is a good car, a shame
S80- 576 Brand new very competitive Volvo gets no love
RL- 316 What a dismal failure, refresh won't help
9-5- 198 Wow, stop making it
Entry Level Luxury
IS+ES- 14,199 Wow
3 series- 10,756 The standard in this class still. Wow
ES- 7881 Best selling non sporty car in this class
C class- 6990 Strong sales for new car
IS- 6318 Wow, what a huge lift in sales, IS 250 is right for this economy
Lacerne- 5920 That is A LOT of cars we have slept on, kudos to Buick
CTS- 5867 More good news for GM
G35+G37c- 5867 Solid sales for both together
LaCrosse 5814 Again More GM good news
TL- 5000 This car is on its way out, it shows just how popular it is!
G35 sedan- 4014 Sales are down, G37 on the way
A4 sedan+A5 coupe- 2854 New A4 on the way
MKZ- 2358 Not bad for Lincoln
A4/S4/RS 4- 2136 New A4 on the way, they hope to do better
Genesis- 1,177 I was expecting at least 3k but I guess this is not bad
9-3- 1,100 Suprised they sold that many, its not a bad car
S60- 467 So sad, poor Volvo
Sub entry level
Charger- 8102 Big sales for this car
300- 3688 How this car has fallen, it was in the 12-15k range before
TSX- 2837 All new car, sales down already
G8- 1915, Not bad, should get better
1 series- 1190 Sales are down already
S40- 512 Wow, Volvo is hurting
A3- 432 , Poor Audi
Cute-Utes
X3- 1963 BMW knows how to sell cars
RDX- 1756 Pretty good month for this car
EX- 1645 0% APR for 72 months= sales
XC70- 772 All new car getting no love
Premium SUVs
RX- 8969 The Standard
Enclave- 6078 More GM good news, this is a superb vehicle
MDX- 5180 Acuras best seller
Grand Cherokee- 4654 Solid but could be better
X5- 3380 Solid sales for an expensive SUVs
CX-9- 3173 Solid for Mazda
MKX- 2651 New SUV that dips already
M class- 2430 Could sell better
GL class- 2184 More expensive than the M and sells just as good
Commander- 1996 I didn't know they still sold this
GX- 1720 Incredible how this vehicle sales are holding on, more than the GS and
FX- 1581 not too good considering its an all new model
XC90- 1175 Volvos best seller
Q7- 902 Another Audi at the bottom
Vans (thats right, Vans, people still buy those)
Odyssey- 15,546
Sienna- 10, 244
Town and Country- 10,182
Caravan- 9,422
Journey- 4,587
Quest- 4,124
Flex- 2,010
Uplander- 1,573
Sedona- 886
R-class- 469
Entourage- 391
09-03-08, 06:19 PM
#45
Guest
Posts: n/a
true bmw and mb have better lease deals, but still the GS is just weak. the LS and IS are going very fine against their competitions and it's still under the same pressure in terms of lease and finance rates.
i guess it just shows how bad lexus executes the GS. it's just been mistakes over mistakes imho. they got so many wrong on the car and it's not selling (yeah, that coming from a 3gs owner...)
i really have to bow to bmw on the 5. maybe i should get m5
i guess it just shows how bad lexus executes the GS. it's just been mistakes over mistakes imho. they got so many wrong on the car and it's not selling (yeah, that coming from a 3gs owner...)
i really have to bow to bmw on the 5. maybe i should get m5
