General Motors (GM) July U.S. Auto Sales up 6.4%; Retail Deliveries Rose 14% - StreetInsider.com
General Motor’s (NYSE: GM ) Chevrolet, Buick, GMC and Cadillac brands sold 272,512 vehicles in the United States in July 2015, a 6 percent increase and the four brands’ best combined July since 2007. The month was paced by an 18 percent increase... Chevrolet’s results included a 24 percent increase in pickup, van and SUV sales, and the brand’s best July crossover sales ever. Company-wide, retail deliveries climbed 14 percent year over year, and the company gained retail market share for the fourth month in a row thanks to a 16 percent gain at Chevrolet, a 15 percent gain at GMC and a 12 percent increase at Buick. The month was GM’s best July for retail sales since 2007. Fleet deliveries in July were down 20 percent year over year, as the company continues to execute its plan to reduce sales to rental customers and grow commercial and government deliveries. Government sales were up 38 percent, with deliveries to state and local governments up 59 percent. Commercial deliveries were up year over year for the 21st consecutive month. “The second half of 2015 is off to a great start, with industry sales above expectations,” said Kurt McNeil, GM’s U. S. vice president of Sales Operations. “GM has been steadily growing its commercial sales and retail market share, thanks to our strong truck and crossover portfolio. Source: www.streetinsider.com
