GMC July Sales Increase 4.8 Percent; Terrain Achieves New Retail Sales Record
GMC reported a 9.9% year-over-year increase in retail sales and 4.8% year-over-year increase in total sales in July, delivering 47,809 vehicles to retail customers and 51,137 vehicles overall.
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The brand saw a largely successful month across its model lineup. Sales of the Sierra totaled 22,428 units, up 13.2% year-over-year. Retail sales for the Sierra were the highest they have been for July since 2006 with a 21% increase.
Terrain was up 6.4% with 9,375 units sold, and its retail sales were the highest ever for July with a 2% increase.
Yukon sales were up 31.7% with a total of 4,677 units delivered, and Yukon XL sales were up 27.8% with 2,937 units delivered. Retail-wise, the Yukon saw its 11th consecutive month of year-over-year growth with a 21% increase, and the Yukon XL was up 26%.
Canyon sales totaled 3,532 units, up 33.1% year-over-year. To date, sales of the Canyon total 20,894 units, up 18.2%.
While sales of the Acadia were down 30.1%, this could be attributed to the ramp-up to full capacity for the all-new 2017 Acadia. GMC reports that its new, sleeker crossover has an average “days to turn” of 11 days, meaning that it is likely to become a major hit with consumers once supply allows.
Through seven months, GMC’s overall sales total 305,724 units, a 2.5% increase brought about by GM’s gradual phasing out of daily rental sales. Retail sales, on the other hand, are up 0.1% at 267,638 units delivered and are the highest they have been for the first seven months since 2005.
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