GMC Posts 1% Overall Sales Gain in January; Acadia Up 65%
GMC began 2017 with a solid sales performance in January, delivering a total of 37,324 vehicles and increasing sales from January 2016 by 1.1%. Retail sales totaled 30,528 units, down slightly year-over-year at 0.8%.
GMC’s good fortunate were largely made possible by the success of its new Acadia. Sales of the Acadia grew 65.3% year-over-year at 8,899 units, and retail sales rose 15%. GMC launched a new, slimmed down version of the Acadia last year and appears to have reached the point where supply is rising to meet demand.
Sales of the Yukon were up 20% at 3,080 units, and sales of the Yukon XL were up 4.2% at 2,078 units. All other vehicles in GMC’s lineup sustained a year-over-year sales decline in the first month. Sierra sales dipped 4.5% at 13,732 units, Terrain sales fell 29.4% at 6,241 units, Canyon sales decreased 9.3% at 2,059 units, and Savana sales fell 17.7% at 1,235 units. Retail-wise, however, deliveries of the Sierra increased 2% year-over-year, giving the truck its best start to a year at retail since 2002.
GMC also reports that its average transaction prices increased 7% in January, putting its vehicles’ growth three times ahead of the industry average.
GMC closed out 2016 with total sales of 546,628 vehicles, down 2.2% from the year prior. Retail sales were down 1.9% with 474,319 vehicles delivered. This year, GMC will add a next-generation version of the Terrain to its lineup.