General Motors Sales Fall, Retail Market Share Rises in June
General Motors’ US sales in June were down 3% with a total of 250,353 vehicles sold, so the automaker took the opportunity to discuss the smaller picture—namely retail sales and retail market share.
While overall sales dipped, retail sales were up 7%, giving GM its third straight month of industry-surpassing growth. GMC’s retail sales were up 12% and Chevrolet sales were up 9%, helping guide the automaker to its best June retail sales in eight years and its best June retail market share in four.
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To really hammer in the point of GM’s retail successes, it is noted that the Chevrolet Silverado outsold the F-150 at retail in June, and that the Bowtie brand’s crossovers also combined for its best June ever.
“We just wrapped up the U.S. auto industry’s best six months in a decade, driven by strong demand for pickups and crossovers,” said Kurt McNeil, GM’s U.S. vice president of Sales Operations. “People feel good about their jobs and the direction the economy as a whole is taking, so the second half of the year should be strong too, and that’s especially good news for Chevrolet and GMC, brands that have very broad truck and crossover portfolios.”
Chevrolet also notes that average transaction prices were up $880 per unit in June.
Through the first six months, GM sales in the US are up 3.4% with a grand total of 1,505,545 vehicles sold.
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