GM sees 21% sales gain in March
04-01-2010 | 10:31 AM
#1
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GM sees 21% sales gain in March We can always use some good news in this section.
http://www.thestreet.com/story/10716...n=unitedonline
http://www.thestreet.com/story/10716...n=unitedonline
DETROIT (TheStreet) -- General Motors said sales rose 21% in March, led by a 76% gain at Buick.
Buick sales were led by the LaCrosse, which rose 236% to 6,054 cars. Buick retail sales rose 34%. Overall, sales of GM's four retained brands totaled 185,406 during the month, a 43% gain for the four brands.
"Our March results show continued progress toward our growth plan," said Susan Docherty, vice president of marketing, in a prepared statement. "By investing in our brands and remaining disciplined in our approach to the U.S. market, we posted solid results."
Chevrolet dealers reported sales of 133,165, with retail sales up 24%. Sales of the Chevrolet Equinox rose 194%. To meet growing demand for the Equinox and the GMC Terrain, GM said it would increase production.
Month-end dealer inventory in the U.S. stood at about 428,000 units, up 8,000 from February and about 338,000 vehicles fewer than a year earlier.
Also Thursday, Ford(F) said its sales in China were up 84% in the first quarter.
Buick sales were led by the LaCrosse, which rose 236% to 6,054 cars. Buick retail sales rose 34%. Overall, sales of GM's four retained brands totaled 185,406 during the month, a 43% gain for the four brands.
"Our March results show continued progress toward our growth plan," said Susan Docherty, vice president of marketing, in a prepared statement. "By investing in our brands and remaining disciplined in our approach to the U.S. market, we posted solid results."
Chevrolet dealers reported sales of 133,165, with retail sales up 24%. Sales of the Chevrolet Equinox rose 194%. To meet growing demand for the Equinox and the GMC Terrain, GM said it would increase production.
Month-end dealer inventory in the U.S. stood at about 428,000 units, up 8,000 from February and about 338,000 vehicles fewer than a year earlier.
Also Thursday, Ford(F) said its sales in China were up 84% in the first quarter.
04-01-2010 | 10:40 AM
#2
That's good stuff, after trimming some of the fat they do have some great product and some even better vehicles coming out as well.
They just need to stay on target and keep operations running lean for a while and then maybe they can start to really taking back some market share. :yesnod:
They just need to stay on target and keep operations running lean for a while and then maybe they can start to really taking back some market share. :yesnod:
04-01-2010 | 02:04 PM
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http://www.freep.com/article/2010040...-by-incentives
It probably did, but were still short of estimates by several percent,
but Toyota sales are up 41%.
http://money.cnn.com/2010/04/01/news...ies/autosales/
http://www.businessweek.com/news/201...to-market.html
Ford sales are up 40%
04-01-2010 | 02:17 PM
#5
GM/Ford have both been seeing sales climbs so far this year which is great news. Toyota sales dropped like a rock so I am a bit surprised that they picked back up so fast and so soon....people out there just love Toyota no matter how fast the car goes on its own.
04-01-2010 | 03:12 PM
#6
Jobless claims are at a 19 month low today I heard, so more jobs = more $$ to be spent. The slow climb back to the top has to start somewhere, and although I wish Pontiac didnt have to go, it was a good idea to trim the brands down.
04-02-2010 | 10:26 PM
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Haven't you read some of the signatures on here? Our president is a idiot and there is no hope in sight. 
Seriously seems like its a long climb back up.
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04-03-2010 | 09:43 AM
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This "sales gain" is deceiving...they are up 41% over the last month, where they were down 60%. Also consider this is a time of the year when sales generally jump anyway. Toyota is on track to lose almost $9B for the 09-10 fiscal year (march-march in japan)...they have also ceded 4-points in US marketshare.
Add to all that the fact that the unintended acceleration mess is nowhere near over, seeing as they haven't even determined how to fix the problem, and you should realize that Toyota is in very very bad shape.
I've said for years that a changing of the guard is coming, and this is the breaking point. This is the event that will flip the classic thinking that American cars are inherently unreliable and Japanese cars are inherently reliable. Toyota has not seen the bottom of the hole yet.
Proporio...i'd love to know, what does my original topic have to do with Toyota? Why is that brand even being mentioned in this thread?
Add to all that the fact that the unintended acceleration mess is nowhere near over, seeing as they haven't even determined how to fix the problem, and you should realize that Toyota is in very very bad shape.
I've said for years that a changing of the guard is coming, and this is the breaking point. This is the event that will flip the classic thinking that American cars are inherently unreliable and Japanese cars are inherently reliable. Toyota has not seen the bottom of the hole yet.
Proporio...i'd love to know, what does my original topic have to do with Toyota? Why is that brand even being mentioned in this thread?
Last edited by Blakbird24; 04-03-2010 at 09:49 AM.
04-03-2010 | 03:10 PM
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This "sales gain" is deceiving...they are up 41% over the last month, where they were down 60%. Also consider this is a time of the year when sales generally jump anyway. Toyota is on track to lose almost $9B for the 09-10 fiscal year (march-march in japan)...they have also ceded 4-points in US marketshare.
Add to all that the fact that the unintended acceleration mess is nowhere near over, seeing as they haven't even determined how to fix the problem, and you should realize that Toyota is in very very bad shape.
I've said for years that a changing of the guard is coming, and this is the breaking point. This is the event that will flip the classic thinking that American cars are inherently unreliable and Japanese cars are inherently reliable. Toyota has not seen the bottom of the hole yet.
Proporio...i'd love to know, what does my original topic have to do with Toyota? Why is that brand even being mentioned in this thread?
Add to all that the fact that the unintended acceleration mess is nowhere near over, seeing as they haven't even determined how to fix the problem, and you should realize that Toyota is in very very bad shape.
I've said for years that a changing of the guard is coming, and this is the breaking point. This is the event that will flip the classic thinking that American cars are inherently unreliable and Japanese cars are inherently reliable. Toyota has not seen the bottom of the hole yet.
Proporio...i'd love to know, what does my original topic have to do with Toyota? Why is that brand even being mentioned in this thread?
http://www.businessweek.com/news/201...-update3-.html
so, does that mean that I shouldn't mention that Nissan sales are up 43%?
Last edited by proporio; 04-03-2010 at 03:35 PM.
04-03-2010 | 03:43 PM
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Read post #3
http://www.businessweek.com/news/201...-update3-.html
so, does that mean that I shouldn't mention that Nissan sales are up 43%?
http://www.businessweek.com/news/201...-update3-.html
so, does that mean that I shouldn't mention that Nissan sales are up 43%?
How about actually contributing to the subject of the thread and not trying to wave import flags in every single one you join? There are plenty of threads about Toyota in this section alone, you can get your fill of Toyota news there. This thread has nothing to do with Toyota...so what you are doing is known as TROLLING.
04-03-2010 | 03:49 PM
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I don't think GM has a thing to learn from Toyota, other than maybe to not install drive-by-wire systems with no failsafes on all your cars. It's true that Toyota is a model of efficiency in terms of business structure, however, that structure cannot work for an American automaker since it depends on cheap non-union labor. Also, GM already has the quality control practices in place to surpass Toyota...hell they've already done it in initial quality, and in 5 years, those same vehicles will be posting excellent long term reliability. GM and Ford are both on the right track now...they just need to KEEP on this track and not waiver in the slightest. All it takes now is time for perceptions to change, and as you can already see, that very phenomena has begun.
04-06-2010 | 10:48 PM
#13
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This is great news to hear! I'm very happy that GM is finally selling more cars again and I mean why not, they designing some nice looking cars again.
How could you not like this car? Great designing outside and inside, we'll all just to see how reliable the car is now in the long run.
How could you not like this car? Great designing outside and inside, we'll all just to see how reliable the car is now in the long run.
04-06-2010 | 11:51 PM
#14
I don't think GM has a thing to learn from Toyota, other than maybe to not install drive-by-wire systems with no failsafes on all your cars. It's true that Toyota is a model of efficiency in terms of business structure, however, that structure cannot work for an American automaker since it depends on cheap non-union labor. Also, GM already has the quality control practices in place to surpass Toyota...hell they've already done it in initial quality, and in 5 years, those same vehicles will be posting excellent long term reliability. GM and Ford are both on the right track now...they just need to KEEP on this track and not waiver in the slightest. All it takes now is time for perceptions to change, and as you can already see, that very phenomena has begun.
This is great news to hear! I'm very happy that GM is finally selling more cars again and I mean why not, they designing some nice looking cars again.
How could you not like this car? Great designing outside and inside, we'll all just to see how reliable the car is now in the long run.
How could you not like this car? Great designing outside and inside, we'll all just to see how reliable the car is now in the long run.
I agree. 
04-08-2010 | 08:02 AM
#15
I don't think GM has a thing to learn from Toyota, other than maybe to not install drive-by-wire systems with no failsafes on all your cars. It's true that Toyota is a model of efficiency in terms of business structure, however, that structure cannot work for an American automaker since it depends on cheap non-union labor. Also, GM already has the quality control practices in place to surpass Toyota...hell they've already done it in initial quality, and in 5 years, those same vehicles will be posting excellent long term reliability. GM and Ford are both on the right track now...they just need to KEEP on this track and not waiver in the slightest. All it takes now is time for perceptions to change, and as you can already see, that very phenomena has begun.
04-08-2010 | 09:56 AM
#16
not). im simply saying it would make sense, as a line of similarity can be drawn between the too.[on a personal note, i believe the economy (somehow) still has a life of its own, and it will start to make a comeback (including jobs) with or without help from this administration. with that said, if its palin v obama in 12, idk what im gonna do. whos a good 3rd party?
] 
04-08-2010 | 05:43 PM
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This is great news to hear! I'm very happy that GM is finally selling more cars again and I mean why not, they designing some nice looking cars again.
How could you not like this car? Great designing outside and inside, we'll all just to see how reliable the car is now in the long run.
How could you not like this car? Great designing outside and inside, we'll all just to see how reliable the car is now in the long run.
04-08-2010 | 07:38 PM
#19
[on a personal note, i believe the economy (somehow) still has a life of its own, and it will start to make a comeback (including jobs) with or without help from this administration. with that said, if its palin v obama in 12, idk what im gonna do. whos a good 3rd party? ]
]