Government Motors

GM on a roll now- Retail Sales up 19% in November.

GM’s U.S. Retail Sales Up 19 percent in November

2013-12-03

Sales Release [pdf] |
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Sales Release |




DETROIT – General Motors Co. (NYSE: GM) dealers delivered 212,060 vehicles in the United States in November, up 14 percent versus a year ago and the highest November sales in six years. Retail sales were up 19 percent and fleet sales were down 3 percent.

“November sales were strong at all four of our brands, and demand was robust for everything from cars to crossovers to the industry’s newest and best full-size pickups,” said Kurt McNeil, vice president, U.S. sales operations. “The sheer number of award-winning new models we have helped us grow faster than the industry for the second month in a row.”

GM’s product momentum will continue unabated. For example, the all-new 2014 Cadillac CTS, which is building availability, was recently named Motor Trend’s Car of the Year, an Automobile Magazine “All Star” and one of Car and Driver’s 10 Best cars.

Cadillac will also launch an all-new Escalade and the ELR in early 2014. In addition, Chevrolet and GMC are launching all-new heavy-duty pickups and large SUVs in the first quarter. Chevrolet also unveiled the Colorado, its new, highly acclaimed midsize pickup, at the Los Angeles International Auto Show. The Colorado goes on sale in the fall of 2014.


November Sales Highlights (vs. 2012)

  • Chevrolet sales were up 13 percent and retail deliveries were up 20 percent.
  • Sales of Chevrolet cars increased 19 percent, with Malibu up 41 percent, Volt up 26 percent, Impala up 20 percent and Camaro up 14 percent. Retail deliveries of the Cruze were up 39 percent and Impala more than doubled.


  • The Chevrolet Cruze, Equinox and Volt had their best November sales ever.
  • Sales of the Chevrolet Tahoe were up 23 percent, the Traverse was up 21 percent and the Silverado was up 12 percent.
  • GMC sales were up 20 percent, with the Sierra up 22 percent and the Acadia crossover up 108 percent, which keeps it on track for its best year ever.
  • Small business sales were up 38 percent, including a 76-percent increase in pickup deliveries. Commercial fleet deliveries increased 18 percent.
  • Buick deliveries increased 13 percent and the brand is on track for its best year since 2005. November was Buick’s 19th consecutive month of year-over-year retail sales growth.
  • Cadillac sales increased 11 percent and retail sales have grown in each of the past 18 months, driven by the success of the new XTS and ATS.

“We feel good about the direction of the economy and our own momentum,” McNeil said. “The economy is creating jobs and household wealth. Energy costs are dropping and credit is available and affordable. All of this bodes well for future growth.”


Complete details of the nice GM report:
GM
 
That's great news for GM, and possibly the economy, and I'm glad the government finally got out of the way, but don't forget the taxpayer lost close to $10 billion on this deal so it wasn't a complete success.
 
My best to GM, but why can't they build a factory close to my house in GA? Taxes in Ga far less, no snow and ice like in the far north and the people are hospitable, like me?:D
 
My best to GM, but why can't they build a factory close to my house in GA? Taxes in Ga far less, no snow and ice like in the far north and the people are hospitable, like me?:D

Because Georgia is a Right-to-Work state and GM is beholden to the UAW...
 
Just another success story much to the chagrin of naysayers who's loyalty to American car companies is superseded by their loyalty for foreign ones.
Only gripe critics have of the 85 billion loan is that only 75 million got paid back.
But these same critics fail to mention that letting GM/Chrysler go under would have cost taxpayers nearly 40 billion in lost tax revenue, added unemployment benefits, and would have stunted the current recovery (which those same critics have said would never happen).
Those same critics in late 2008 early 2009 said we would quickly enter a period of massive inflation (which 5 years later never happened).

These critics...should never be heard from again.

this is perfect, what a business model! here's my plan, not as many zeros, but the math's still good.

if i go bankrupt, that is 40 thousand i will not be putting back into the economy. so just lend me 85 thousand and i will pay you back 75 thousand. that's 10 for me and 40 for you. see how that works? i'll be watching under the tree for my bailout.

just a quick 10k, and you'll never hear from me again.
 
Just a note:

General Motors released their sales/delivery figures yesterday.

For the first time in a long time, sales were actually DOWN 6.3% from the numbers of December a year before.

http://media.gm.com/content/dam/Media/gmcom/investor/2014/jan/Deliveries-December-2013.pdf

This is unexpected for me and a serious issue that needs to be watched.
it signals a softer economy, and a slight slowdown in the recovery.

Watch out. When GM sneezes, America catches a cold.

We're still ahead overall for the 2013 vs. 2012 year in total, but the December sales slip is not a good sign.

Hang on- rough patch ahead.
 

All is not lost with GM.


How Disappointing Are General Motors Company's December Sales Figures? - Daniel Miller, Fool.com

".....While the December figures were mostly disappointing, looking at a longer time frame will help console some investors. Consider that sales in the fourth quarter increased 6% and December still was GM's highest-volume month since August. For the entire year General Motors delivered 7% more vehicles for a total of 2.8 million vehicles in the U.S. and its retail sales increased a healthy 11%......"
 
Elio Motors

84 mpg; $6800; made in america; shove it GM!!!

Hey- I wish them all the luck in the world. So far you cannot buy one.

but that's ok.

The last time somebody tried that particular idea, they did pretty good for a couple years.
Owosso Motor Car Company....1989


In fact, they ended up building almost 360 of them before going bankrupt.
http://www.autocycles.org/index.html


There is a benefit to having three wheels-
By not having four wheels in contact with the ground, they avoid having to meet crash test standards for automobiles.
That saves a lot of money in the design if you don't mind of anyone gets killed.


Have you ordered yours yet?
 





I dunno man, looks a bit more sturdy than most of the other tiny 4 wheelers on the road. Looking at it next to a 4 door caddy (can't tell if it's a photo trick or not) makes me think it's more sturdy than the tiny econo-boxes that get way less mpg than this one does. Plus its got airbags and a roll cage and its physical layout makes it way more nimble.
 
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