America's Business-to-Business Journal for Industry
   Subscribe      Advertise       Submit News       Feedback       Jobs   
Michigan News
Similar Articles:
GM Explores Reopening Idle Plant to Keep Up with Growing Demand
Kentucky’s Jobless Rate Drops to 10 Percent in June
The Auto Industry Can Double Profitability by Employing ‘Smart Growth’ Techniques

February Combined Chevrolet, Buick, GMC and Cadillac Sales Up 32 Percent
GM’s Chevrolet, Buick, GMC and Cadillac Brands Continue to Build Momentum in the Marketplace

Detroit, MI – Chevrolet, Buick, GMC and Cadillac dealers in the U.S. reported sales of 138,849, up a combined 32 percent compared to February 2009. These results were driven by the continued strong growth of new GM crossovers and passenger cars.

GM’s Chevrolet, Buick, GMC and Cadillac brands continue to build momentum in the marketplace, according to Susan Docherty, GM vice president, Sales, Service and Marketing. “Although we’ve been operating as a new company with four brands for just seven months, our February results demonstrate that our long-term plan is already paying dividends,” Docherty said.

Retail sales for GM’s four brands were up 7 percent for the month, driven by strong consumer demand for GM’s crossovers. February retail sales of GM’s newest crossovers – Chevrolet Equinox, GMC Terrain and Cadillac SRX – were up 198 percent compared to the vehicles they replaced. This was the seventh month in a row that retail sales of these vehicles were up more than 100 percent. Month-end dealer inventory in the U.S. stood at 420,000, which is 30,000 higher compared to January 2010, and 361,000 lower than February 2009.

Other Key Facts:

  • Chevrolet: total sales up 32 percent;  retail sales up 1 percent; Chevrolet Equinox retail sales increased 121 percent
  • Buick: total sales up 47 percent; retail sales up 18 percent; Buick LaCrosse retail sales rose 100 percent
  • GMC: total sales up 26 percent; retail sales up 25 percent; GMC Terrain retail sales were up 303 percent (compared to the Pontiac Torrent – the vehicle it replaced)
  • Cadillac: total sales up 32 percent; retail sales up 13 percent; Cadillac SRX retail sales were up 490 percent

More information: General Motors


All comment postings require your name and email address for user verification only. Your email address will not be used or distributed for any other purpose.
No advertising is permitted and will result in the post being deleted and/or banning. Please click "REPORT" to report any inappropriate posts.
blog comments powered by Disqus


Permission to Reproduce:
Unless otherwise stated, the copyright and similar rights to all material published on this website are owned by The Manufacturers Group Inc. DBA Manufacturing & Technology eJournal( mfrtech.com ). Reproduction of any article in print, electronic or any other form must acknowledge mfrtech.com as the Source and include a link to http://www.mfrtech.com


Latest Ohio News:
Standard Register and Precision Dynamics Enter Agreement

Timken Wins US$26 Million Wind Energy Contract Supplying Goldwind

Pierre Foods to Merge with Advance Food Company and Advance Brands

Bird Technologies Group Acquires X-COM Systems for Its Advanced RF Military Technology

Regional Chamber and Chinese to Sign Economic Cooperation Agreement


Latest Indiana News:
DSE Services, Inc. Purchasing Former Burlington Motor Carriers Truck Maintenance Building

Sanlo Manufacturing, Inc. To Remain In Michigan City

CTS Awarded Production Program for New Engine Sensors


Latest Kentucky News:
nGimat, a Nanotechnology firm, Opening Lab Facility in Lexington

Expansion of Fruit of the Loom in Kentucky

Briggs & Stratton to Reinvest in Kentucky Plant, Retain More Than 640 Full-Time Jobs


Latest Michigan News:
New Centers of Energy Excellence Project Center Will Focus On Next-Generation Wind Turbine Components

Automation Alley Invests $500,000 Seed Funding in Two Local Technology Companies

Cascade Engineering to Expand Renewable Energy Division


Other News:
Wabtec Completes Purchase of G&B Specialties

Hiring the Long Term Unemployed

PF Series Vacuum Cups Offer Improved Productivity and Handling of Automotive Sheet Metal

New Low Cost Infrared Thermal Imaging Camera Supports < .08 deg. C Thermal Sensitivity

Learning and Practicing Root Cause Analysis

Kimball Hospitality, Inc. to Open Furniture Manufacturing Plant; 67 New Jobs in Henry County

Automation can be a “Dammed If I Do / Dammed If I Don’t”

BAE Systems to Modernize Destroyers under U.S. Navy Ship Repair Contract

The Future of Manufacturing is in the Third Grade

Chemical Manufacturer Expanding To Northeast Indiana

BOHLE Machine Tools Introduces 5-Axis Gantry Milling Machine

New EMCO Vertical VT 250 for Vertical Turning

Ford Credit Earns $556 Million in the Second Quarter of 2010*

TASC Selected to Lead DOD's $200 Million SBIRS SE&I Prime Contract

MFRTech Expanding Coverage to Now Include Illinois, Virginia, Tennessee and Pennsylvania

Foundational Problems Critical to Eliminate

Solid Results for Wisconsin Manufacturers during a Tough Year

Camstar Acquires Sigmaquest to Deliver Cloud-Based Supply Chain Intelligence

Arvin Sango Announces New Manufacturing Facility for Tennessee

WestWind Technologies, Inc. Wins $376 Million Army Contract

IDEX Corporation Acquires OBL S.r.l.

And Don't Miss
Our Most Recent Cover Stories
Letters, Comments, and Forums
National News
Other States
White Papers
Return to our Home Page