DETROIT - General
Motors announced that its June vehicle sales decreased 5 percent to 472,078 units. Car
sales declined two percent to 252,601 units and truck sales were off eight percent to
219,477 units. The Buick, GMC, Saturn and Saab Divisions posted sales gains for the month.
GM's June car sales outpaced truck sales for the
first time this year. Sales in the core midsize segment rose seven percent with strong
showings by the Chevrolet Malibu, up five percent; Oldsmobile Alero, up 25 percent; and
the Chevrolet Impala had its best June sales in 15 years.
GM once again showed strength in the full-size
utility market with June sales up six percent. Chevrolet Tahoe sales climbed 12 percent
and GMC Yukon XL posted a 12 percent gain. "The industry has been running at
phenomenal levels for about two years now. In fact, the entire industry sold about a
million more units in the first half of this year versus last year," said Bill
Lovejoy, group vice president of North America Vehicle Sales, Service and Marketing.
"While we're disappointed that our sales are down, volumes are still strong and we
continue to sell a richer vehicle mix."
Half-Year Sales Report
Vehicle sales for the first six months rose three
percent led by GM's core segments -- midsize cars up nine percent, utilities up 20 percent
and full-size pickups up six percent. Truck sales for the period were eight percent higher
than the year-ago time frame. GM van sales in the first-half increased six percent with
full-size van sales up 19 percent. These gains were offset by weaknesses in small cars,
down 15 percent; medium pickups, down nine percent; and large cars, down 25 percent. The
company also posted stronger sales for the Cadillac, Chevrolet and GMC Divisions, up 12
percent, seven percent and seven percent, respectively. Saturn sales rose 24 percent
during the six-month stretch.
(July 3, 2000) |