GM Delivers 909094 in First Quarter of 2007

GM dealers in the US has recently recorded 349,867 delivered vehicles for the month of March which has declined by 7.7 percent compared to the same month last year in which these same dealers has been able to record 365,375 units sold. The fleet sales also decline by 11.8 percent due mainly to the continuing reductions in the daily rental sales. Overall GMs March retail sales were down by 6.2 percent compared to what the automaker achieved a year ago.

The first quarter of the year 2007, General Motorsworlds largest automaker and producer of GM exhaust --- has been able to deliver 909,094 vehicles, a decline of 5.6 percent, attributed to the reductions of almost 60,000 daily rental vehicle sales. In terms of retail sales, the worlds largest automaker was bale to record an increase of 0.5 percent. The said increase is due to the reductions in fleet sales.

The sales that GM has obtained for the month of March reflected the continuing strength of the automakers new product lineup which is balanced with a competitive incentive spending, balanced with ongoing reductions in daily rental fleet sales.

GMs models that had March retail sales increases are the following: Chevrolet Aveo, Chevrolet Equinox, Chevrolet Impala, Chevrolet HHR, Chevrolet Avalanche and Chevrolet Suburban; Saturn Sky; Pontiac G6; GMC Yukon XL; Cadillac Escalade ESV, Cadillac SRX, and Cadillac Escalade EXT. The Pontiac G5; Saturn Aura and Saturn Outlook and the new GMC Acadia are new products offered and have been able to contribute to the retail sales momentum. The GMC Acadia and Saturn Outlook have been able to contribute 235 percent retail increase in the mid-crossover segment. All of the GMs models are equipped with top-of-the-line auto components such as GMC exhaust system which are made even better and more eco-friendly. GMC exhaust are distributed and manufactured by the worlds largest automaker, GM.

The following GM vehicles had made remarkable sales increase for the first quarter include: Chevrolet Aveo, Chevrolet Impala, Chevrolet Colorado, Chevrolet Silverado, Chevrolet Suburban and Chevrolet Avalanche; Buick Rendezvous; Pontiac G6 and Pontiac Vibe; Saturn Sky; GMC Canyon, GMC Sierra and GMC Yukon XL; Cadillac SRX, Cadillac Escalade, Cadillac Escalade ESV and Cadillac Escalade EXT; Saab 9-5 and Saab 9-7X. On the other hand the Pontiac G5, Saturn Aura and Saturn Outlook plus the GMC Acadia have built retail strength for the first quarter.

The certified used vehicles of General Motors including Cadillac Certified Pre-Owned Vehicles, Saturn Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles and HUMMER Certified Pre-Owned Vehicles have been able to establish a new monthly sales record for the certified category for March 2007 with sales of 53,734 units---an increase of up to 9.7 percent from last year of the same period. The total year to date certified GM sales reached 139,851 units up by 8 percent from the same period last year.

GM Certified Used Vehicles, which is also the industrys top-selling manufacturer-certified used brand, has set a new industry monthly sales record for the certified pre-owned category with sales of 47,394 units. GM Certified sales for March this year has increased by 11 percent compared to the previous March last year. The year-to-date sales for the GM Certified Used Vehicles were 122,784 units or an increase of up to 9 percent.

LaNeve explained, "March was a record month for GM certified sales. GM Certified Used Vehicles, which sold 47,394 units, set a new industry monthly sales record for a certified brand. This puts an exclamation mark on an outstanding first quarter by GM Certified Used Vehicles. With the 5 year/100,000 mile warranty on qualifying Certified Used Vehicles, we're optimistic this momentum will continue throughout the year."

GM North America Reports March and First-Q1 2007 Production while the 2007 Second-Quarter Production Forecast is revised at 1.160 million vehicles. It was last March 2007 that GM North America was able to produce 401,000 vehicles of which 134,000 are cars and 267,000 are trucks. Comparing these figures to 2006, its down by 59,000 units or 13 percent when the region was still producing 460,000 vehicles with breakdown of 182,000 cars and 278,000 trucks.

GM North America produced 1.063 million vehicles for the first quarter of 2007. This figure is 192,000 vehicles short compared to the first quarter of 2006 when the region produced 1.255 million vehicles. The regions 2007 second-quarter forecast is revised at 1.160 million vehicles which are down by 15,000 units or 1.3 percent compared to last months guidance.

General Motors has also announced revised 2007 first quarter and second quarter production forecasts for its international regions.
Seattlepi


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