General Motors announced today that the company sold 225,210 vehicles in June. The figure accounts for a two-percent decline in total sales over June 2015, but there are some caveats. GM states that 209,295 of their sales last month were to “real” customers, not fleet sales. As such, the company is claiming their retail market share is up .4-percent for the year, the highest of any full-line automaker in the U.S.
June retail gains were led by three of the company’s four brands. Buick, Cadillac and Chevrolet all saw retail gains of two, five and three-percent, respectively. On a more granular level, GM is claiming sales of the company’s full-size pickups led the retail charge, both for sales count and apparently profitability.
In June, GM full-size pickup ATPs were up $3,300 compared to last year and Silverado recorded its highest monthly ATP in history. Year to date, GM full-size pickup ATPs are up $2,600 compared to last year.
“Our retail-focused strategy is resulting in the highest share gains in the industry. Chevrolet is the fastest growing full-line brand and we expect that trend to continue as the availability of newly launched products improves in the second half of the year,” said Kurt McNeil, U.S. vice president of Sales Operations. “Our reduction in daily rental deliveries, disciplined incentive spending and well-managed inventories are showing real benefit in the residual values of our latest launched vehicles.”
GM is attempting to ramp up production of the company’s full and midsize pickups, as well as compact and midsize crossovers. The production increase is expected to have positive impacts on sales results through the remaining months of the year.
GM’s entire June sales chart may be downloaded here.
Other GM June sales statistics:
- Chevrolet had its best June since 2006
- Sonic had its best June ever
- Best Sierra year-to-date sales since 2006
- Cadillac ATPs were approximately $55,000, the highest in the luxury segment
- GM’s fleet mix in June was approximately 18 percent of total sales, below the company’s full-year guidance of 20 percent
- GM’s ATPs, which reflect retail transaction prices after sales incentives, were $35,423, more than $4,400 above the industry average and more than $1,800 above last June’s performance