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Guest Message by DevFuse

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GM January '17 sales down 3.8%


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70 replies to this topic

#1 OFFLINE   PREMiERdrum

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Posted 01 February 2017 - 11:41 AM

GM US SALES, JANUARY 2017.
GM MEDIA

DETROIT — General Motors (NYSE: GM) U.S. dealers delivered 195,909 cars, trucks and crossovers in January, down 3.8 percent year over year. Retail sales totaled 155,010 units, down 4.9 percent, and the company set a new January record for average transaction prices.

“In early January, we focused on profitability while key competitors sold down their large stocks of deeply discounted, old-model-year pickups,” said Kurt McNeil, U.S. vice president of Sales Operations. “We gained considerable sales momentum as we rebuilt our mid-size pickup, SUV and compact crossover inventories from very low levels following record-setting December sales.”

Inventories of most of these products were in the 30 – 50 days’ supply range at the beginning of January.

 

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#2 OFFLINE   PREMiERdrum

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Posted 01 February 2017 - 11:42 AM

Real question: Is Alpha a failure, or a complete failure? No Cadillac sedan cracked 1,000 sales. Ouch. 


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#3 OFFLINE   630land

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Posted 01 February 2017 - 11:47 AM

Wasn't the Continental supposed to flop, since it isn't a "21st Century Panther"? And "car guys were supposed to flood Caddy dealers" snapping up the ATS/CT#???

 

The only RWD CT6 is the base 4 cylinder model, how is that selling?


Edited by 630land, 01 February 2017 - 11:48 AM.


#4 OFFLINE   rmc523

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Posted 01 February 2017 - 11:56 AM

Lincoln is only 1,513 units behind Cadillac in January.


RIP Nick

 

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#5 ONLINE   fordmantpw

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Posted 01 February 2017 - 12:12 PM

Wow, the Silvererra keep dropping.  Ram is only 2k units behind Silverado.


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#6 OFFLINE   Fgts

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Posted 01 February 2017 - 12:25 PM

Real question: Is Alpha a failure, or a complete failure? No Cadillac sedan cracked 1,000 sales. Ouch. 


So you want Cadillac to continue on old platforms?, note you left the XTS out.

#7 OFFLINE   tbone

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Posted 01 February 2017 - 12:28 PM

I respect Ram. They are a solid competitor, and I'm not surprised they are catching them.

#8 OFFLINE   rmc523

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Posted 01 February 2017 - 12:42 PM

So you want Cadillac to continue on old platforms?, note you left the XTS out.

 

Your counterpoint only reinforces his point, though.  The only Cadillac sedan that didn't drop was the XTS - the model based upon Chevy vehicles.

 

His point was simply that the billions upon billions they spent on Alpha, and now Omega, isn't looking to be worth it.  It certainly can't be breaking even when sales have continued to drop almost every single month since Alpha's debut.


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#9 OFFLINE   Anbevo

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Posted 01 February 2017 - 12:46 PM

Go Ram, and take out Silverado!  Of course, the C&I Marketing (spin) machine at GM will really pour on the incentives and the lowbrow gutter tactics now to make sure that doesn't happen ..... Meanwhile, F-Series continues to hum.



#10 OFFLINE   grbeck

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Posted 01 February 2017 - 01:22 PM

Why is the Malibu down by that much? Granted, mid-size sedans aren't a hot segment, but the current Malibu is hardly old, and it's not a bad car.



#11 OFFLINE   630land

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Posted 01 February 2017 - 01:38 PM

GM spent 12 B to 'rejuvenate' Cadillac, with 'unique' platforms. How is that working?

The Escalade and XT5, based on Chevy trucks are their only hits.

 

Ford was wise to not bother with GRWD or 'shipping Falcons'.


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#12 OFFLINE   tbone

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Posted 01 February 2017 - 01:41 PM

Why is the Malibu down by that much? Granted, mid-size sedans aren't a hot segment, but the current Malibu is hardly old, and it's not a bad car.


Likely just the market adjustment to the continued rise in crossover sales. Just like the Fusion is a nice car but sales continue to fall.

#13 OFFLINE   fuzzymoomoo

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Posted 01 February 2017 - 01:45 PM

Likely just the market adjustment to the continued rise in crossover sales. Just like the Fusion is a nice car but sales continue to fall.

Fusion is also much older

What? What happened?


#14 OFFLINE   tbone

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Posted 01 February 2017 - 02:25 PM

I was more referring to it as a competent attractive car that is not a POS.

#15 OFFLINE   grbeck

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Posted 01 February 2017 - 02:46 PM

The level of decline surprises me, because it's not a bad car. In comparison, the Honda Accord is down by 5.9 percent compared to last January, and it's scheduled to be replaced during the 2018 model year by a new version. And Honda doesn't sell large numbers of Accord to fleet customers.

 

Granted, the Malibu doesn't have the name equity of the Accord, but I think that it should be selling better than this.



#16 OFFLINE   Anthony

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Posted 01 February 2017 - 03:23 PM

Month to month sales don't spell the fate of a specific car. There will be peaks and valleys.  Check long term sales, and see if declines span many months....than you've got issues.



#17 OFFLINE   bzcat

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Posted 01 February 2017 - 03:47 PM

Why is the Malibu down by that much? Granted, mid-size sedans aren't a hot segment, but the current Malibu is hardly old, and it's not a bad car.

 

GM combines the sales of regular and "Limited" version of the same car so there is no way of knowing if sales really dropped (on the new one) or we are just seeing them starve the rental car chains. The 2016 numbers are probably heavily skewed by the old style Malibu Limited.


Edited by bzcat, 01 February 2017 - 03:49 PM.

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#18 OFFLINE   akirby

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Posted 01 February 2017 - 04:02 PM

Wow, the Silvererra keep dropping.  Ram is only 2k units behind Silverado.

 

My buddy just told me he was trading in his 16 yr old Sierra on a new truck and I asked him if he was getting a Canyorado or a Silvererra........

 

It never gets old.


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#19 OFFLINE   rmc523

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Posted 01 February 2017 - 05:03 PM

Month to month sales don't spell the fate of a specific car. There will be peaks and valleys.  Check long term sales, and see if declines span many months....than you've got issues.

 

Yeah, I put together an excel file with charts following the sales numbers all the way back to 2012, and the sales definitely do spike and dip, but GM's numbers always seem to go through more exaggerated spikes and dips than Ford's numbers.

 

That said, Alpha sales have been dropping since their introduction.  I'll post a trend graphic later to show what I'm talking about.


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#20 OFFLINE   akirby

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Posted 01 February 2017 - 05:14 PM

That said, Alpha sales have been dropping

 

Like a rock?   ;) :happy feet:



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