October Auto Sales: GM Leads Mainstreamers with 15.7 Percent Gain
2014 Chevy Corvette Stingray Gets off to a Fast Start
With three divisions scoring double-digit sales gains in October and the fourth, Cadillac, lifting deliveries by 9.5 percent, General Motors as a whole sold 226,402 vehicles last month for a 15.7 percent improvement. The total included some fairly impressive results from the retail side of the business, too: GM’s overall retail sales climbed 16.1 percent in October, backed by double-digit retail gains at all four divisions.
As far as the brands’ overall October sales, they looked like this:
- Chevrolet—155,214 sales, +14.7 percent, thanks to 13 double-digit gainers that included its entire SUV/crossover team
- GMC—38,841 sales, +15.7 percent, with an all-time October sales record from the GMC Terrain
- Buick—17,555 sales, +31.2 percent, in the division’s 18th straight month of sales growth
- Cadillac—14,792 sales, +9.5 percent, as the 2014 Cadillac SRX remains on pace for an annual sales record with just two months left in the 2013 selling season
And while GM cars certainly put up some gaudy numbers last month—see the 236.7 percent advance in ’Vette sales now that the 2014 Chevy Corvette Stingray is at dealerships—it’s the automaker’s trucks that are being counted on for more future success.
“Chevrolet, Cadillac and Buick-GMC all performed well in the month, and the sales tempo really picked up after the government shutdown ended,” said Kurt McNeil, vice president, U.S. sales operations. “We are particularly pleased with our truck momentum. Chevrolet and GMC have the newest and best light duty trucks, sales are accelerating and we are gearing up for the second, third and fourth phases of our strategic truck plan.”