The News Wheel
No Comments

General Motors Sees Record Retail Sales of Crossovers, Pickups in February

Decrease Font Size Increase Font Size Text Size Print This Page

General Motors February 2017 sales results

General Motors enjoyed a 4.2% year-over-year sales increase in February, delivering a total of 237,388 vehicles over the course of the month. Record deliveries of crossovers, large SUVs, and pickup trucks spurred 4.9% retail sales growth, with retail sales for the month totaling 188,715 units, thanks to year-over-year increases from the Chevrolet, Buick, and GMC brands.

GM saw a market share increase of 0.9 percentage points overall with a total market share of 17.5%. At retail, GM gained 0.7 points for a 17.7% share. Average transaction prices were up $570 per vehicle, setting a new February record at $34,900 per vehicle.

“Our retail-focused go-to-market strategy is delivering robust results,” said Kurt McNeil, US vice-president of Sales Operations. “All of our brands grew their average transaction prices by healthy amounts, and we delivered solid growth in the industry’s fastest-growing and most profitable segments.”

Truck Lovers, Rejoice: 2017 Chevy Colorado offers the latest tech, available diesel power

Total Chevy sales increased 3.4% with 164,095 vehicles delivered, while retail sales increased 2.8% with 125,207 vehicles delivered. Total Silverado sales were up 17.1% at 50,504 units; Bolt EV sales neared 1,000 units for the month; and the Equinox, Trax, and Volt all set February sales records.

Buick sales were up 8.1% at retail with 15,480 units delivered; the brand was led as ever by the Encore, which set a retail deliveries record and saw sales totaling 6,528 units overall.

Total GMC sales were up 17.2% with 46,339 units sold, and retail sales increased 15.6% with 38,417 units sold. Total sales of the Acadia increased 25.9% with 8,781 units delivered.

Cadillac sales fell 8.6% overall; sales of the new XT5 crossover totaled 4,291 units, eclipsing sales of the SRX year-over-year.

New from GM: 2017 GMC Terrain getting new engine offerings, including turbo-diesel