March Auto Sales: Big Crossovers Buoy GM
Automaker Increases Sales 6.4 Percent Last Month
GM’s troika of recently refreshed large crossovers—the Buick Enclave, Chevy Traverse and GMC Acadia—combined for 26,676 sales in March, increasing deliveries by a steep 62.7 percent as compared to the same month last year. Backed by that performance, GM as a whole recorded 245,950 deliveries in March to both keep its accustomed place atop the national sales charts and post a 6.4 percent increase. Now, it must be admitted that Toyota has claimed the March sales crown in terms of retail deliveries, but GM grew overall sales at a faster rate last month than Ford, Chrysler, Toyota, Nissan, Hyundai, VW, or Kia. The only mainstream automaker to ring up companywide sales at a quicker pace than GM in March was Honda, with a 7.1 percent gain.
Further, as pointed out by Kurt McNeil, vice president of U.S. sales operations for the automaker: “GM delivered its best March sales in five years thanks to a strengthening economy and new products, and we are expecting our third consecutive increase in market share versus last year.
“Sales of smaller cars have been robust for some time. Trucks have improved in lockstep with the housing market and the strength of the crossover market signals that America’s families are more confident about their financial health.”