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GM Posts Sales Gains, Claims Market Share, Car Sales Dive


Gorehamj
  • John Goreham
    Contributing Writer, GM-Trucks.com
    9/1/2015
    General Motors again was one of the first car-makers to announce its August results. In a press release the automaker claims it gained a full percentage of the U.S. retail market share in August. This despite terrible car sales in the month. First the bad news. Here are some of the car sales for August compared to last August:

Cadillac ATS -12.7 (down 12.7%)
Cadillac CTS - 33.3
Cadillac XTS - 48.6
Buick Regal - 23,2
Verano - 48.4
Chevy Camaro - 23.2
Cruze -37.4
Sonic -63.5
Volt - 45
Malibu was up 7.4%

GM has had an amazing month due only to crossovers and trucks. As we have reported previously, GM is very quickly exiting the car business in North America. GM's trucks like the Silverado and Sierra had single digit gains in the month. The Colorado and Canyon have leveled off now at their 10K per month maximum. We'd like to take GM's side and report all the great statistics that the company is touting, such as:
"Truck Sales up For 16th Consecutive Month"
"Buick Crossover Sales Up 28%"
"Cadillac SRX (crossover) Up 52%"
However, the real news to our eyes seems to be the very real possibility that GM cars are becoming irrelevant in the U.S. market. They have legions of fans, get great reviews, and don't sell.


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