News of May 02, 2001
General Motors May Sales And Production Data
DETROIT - General Motors dealers sold 359,499 new cars and trucks in April in the United States, down 16 percent from April 2000. GM car sales decreased 15 percent to 181,228 units and truck sales decreased 16 percent to 178,271 units.
"As expected, we're experiencing moderation in consumer demand and April industry sales were softer than originally forecast. We remain cautiously optimistic about vehicle sales throughout the remainder of the year and we still expect a soft landing," said Bill Lovejoy, group vice president of North America Vehicle Sales, Service and Marketing. "With the spring introduction of key new vehicles into the marketplace, our dealers are well equipped with a strong product lineup to help sustain our performance in tougher market conditions."
CYTD & April Strengths
GM continued its strength in utility sales in the CYTD-April period, with full-size utilities again posting the highest gains in the GM lineup. In fact, GM reported a 12 percent increase in the highly competitive full-size utility segment during the period. The Chevrolet Tahoe and Suburban, and the GMC Yukon all posted individual CYTD records.
Other notable strengths for GM include the Chevrolet Impala, which posted record April sales and has been on a record pace throughout the year.
April Sales Records
GM Announces April Production Totals, Increase in 2nd Quarter 2001 Estimate
In April, GM produced 405,000 vehicles (197,000 cars and 208,000 trucks) in North America, down from 470,000 vehicles (235,000 cars and 235,000 trucks) produced in April 2000. (Production totals include joint venture production of 8,000 vehicles in April 2001 and 13,000 vehicles in April 2000.)
GM announced its second-quarter North American production estimate (including joint ventures) will increase to 1.332 million vehicles (618,000 cars and 714,000 trucks), from the previous estimate of 1.3 million vehicles (582,000 cars and 718,000 trucks). The revised estimate is a 15 percent decline from the second quarter 2000 when we made 1,568,000 vehicles (787,000 cars and 781,000 trucks).
Additionally, GM announced the following second-quarter 2001 production estimates for its international regions:
(April 30, 2001)