With 2,831 sold, August was a good month for sales of the Chevrolet Volt. In fact, it was the most Volts sold in the U.S. in a single month, ever. Critics questioned whether those sales were legitimate, but there's no question the Volt is on a roll. Could Chevy orchestrate a repeat? September has answered that question with a resounding yes, and then some: GM sold 2,851 Volts last month. In September 2011, Chevy sold 723 Volts. With 210,245 vehicles sold across all brands, GM says that this was the best September, U.S. sales-wise, since 2008.

The other long-standing plug-in vehicle on sale in the U.S. is the Nissan Leaf, which has had a string of down months recently. The September news was good for the country's best-selling pure EV, moving 984 units, up quite a bit from the 685 sold in August. Interestingly, 984 is almost as many Leafs as Nissan sold in September 2011 – 1,031 – and is the highest number of Leaf sales since that time.

Our monthly write-up of alt-fuel vehicle sales details will be available shortly.
Show full PR text
GM U.S. Car Sales Rise 29 percent in September
Total sales up 1.5 percent


2012-10-02

DETROIT – General Motors Co. (NYSE: GM) today reported its highest September U.S. sales since 2008: 210,245 vehicles, up 1.5 percent compared with a year ago. New products helped drive a 29 percent increase in passenger car sales. Sales of GM's mini, small and compact cars alone were up a combined 97 percent, and all GM brands increased their retail sales.

"Passenger cars have been the launch point for a broad and deep GM product offensive," said Kurt McNeil, vice president of U.S. sales operations. "Auto sales will continue to be a bright spot for the U.S. economy, which is particularly good news for GM as we walk into an even stronger cadence of new products in 2013 and 2014."

GM has moved aggressively to replace existing vehicles with better designs, more technology and improved fuel economy. At the same time, GM is entering growth segments and offering new entry points for each brand. Seventy percent of GM nameplates will be all new or redesigned in 2012 and 2013.

September's car sales increase reflected a strong start for the new Chevrolet Spark and Cadillac XTS, continued strong sales of the Buick Verano, Chevrolet Cruze and Chevrolet Sonic, and a second consecutive sales record for the Chevrolet Volt. September also marked the first deliveries of the all-new Cadillac ATS.

The GMC Terrain and Acadia crossovers had strong months as well, with sales up 8 percent and 16 percent, respectively. This helped drive a 3 percent increase for all GM crossovers versus a year ago.

Truck sales were down 20 percent due to a 46 percent year-over-year reduction in fleet sales due to the timing of customer deliveries. In the large pickup segment, GM's total sales were down 12 percent and fleet sales were down 56 percent. However, GM reduced its large pickup inventories by approximately 8,600 units compared with August, and earned average transaction prices more than $2,300 per unit above a year ago with the lowest incentive spending in the industry, according to J.D. Power PIN data.

2012 Highlights

Sept. Total Sales

Total Change vs. Sept. 2011

Sept. Retail Sales

Retail Change vs. Sept. 2011

CYTD
Sales

CYTD Change vs. 2011

CYTD Retail Sales

CYTD
Retail Change vs. 2011

Chevrolet

149,801

1.5%

103,668

2.5%

1,420,383

4.9%

959,770

3.9%

GMC

33,192

(0.0%)

29,018

1.3%

306,558

3.9%

256,799

2.9%

Buick

14,673

7.9%

13,598

10.0%

137,262

(2.0%)

122,490

3.3%

Cadillac

12,579

(1.3%)

11,990

1.2%

103,512

(8.6%)

97,793

(1.9%)

Total GM

210,245

1.5%

158,274

2.8%

1,967,715

3.4%

1,436,852

3.2%



Inventory

Units @
Oct. 1, 2012

Days Supply (selling day adjusted)

Units @
Aug. 31, 2012

Days Supply
(selling day adjusted)

Year-end Inventory Target

Year-end Days Supply Target (selling day adjusted)

All Vehicles

689,334

82

687,354

77

650,000 units (range)

65 – 70

Full-size Pickups

240,810

116

249,411

122

200,000 – 220,000 units

80 – 85


Industry Sales

Sept. SAAR (est.)

CYTD SAAR (est.)

Full Year 2012 (est.)

Light Vehicles

14.5 million range

14.3 million

14.0 million – 14.5 million



General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM's brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words "expect," "anticipate," "possible," "potential," "target," "believe," "commit," "intend," "continue," "may," "would," "could," "should," "project," "projected," "positioned" or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.


Nissan North America Announces September Sales

FRANKLIN, Tenn. – Nissan North America, Inc. (NNA) today reported September U.S. sales of 91,907 units versus 92,964 units a year earlier, down 1.1 percent. Nissan Division sales decreased 2.4 percent for the month at 82,462 units. Sales of Infiniti vehicles were up 11.4 percent over the prior year, to 9,445 units.

NISSAN HIGHLIGHTS
  • Nissan Division posted sales of 82,462 units, down 2.4 percent from last September's 84,485 units.
  • Sales of the Nissan Rogue crossover rose 12.7 percent to 12,106 units, setting a new volume record for September.
  • Pathfinder SUV sales rose 38.7 percent over a year ago, to 3,205 units, contributing to an overall rise in truck sales of 3.3 percent.
  • Sales of the all-electric Nissan LEAF totaled 984 units, the highest volume for any month in the past 12 months.

INFINITI HIGHLIGHTS
  • Infiniti today reported sales of 9,445 units for September, an increase of 11.4 percent from 8,479 units a year earlier.
  • Infiniti FX sales of 1,659 marked an increase of 127.6 percent, with the luxury performance crossover showing an increase of 5.7 percent to 7,462 units for the year.
  • Sales of the new Infiniti JX 7-passenger luxury crossover totaled 2,251 in September, and 14,353 units have been sold since deliveries began in March.
  • Infiniti luxury crossovers and sport utility vehicles had an increase of 107 percent in September, and are up 63.6 percent for year.
  • In total, Infiniti September sales were the best since 2007, and marked five straight months of double-digit increases.
NOTE: To ensure consistency in global sales reporting, Nissan North America calculates monthly variances on a straight-percentage basis, unadjusted for the number of selling days. September had 25 selling days both in 2012 and 2011.

About Nissan North America
In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program and has been recognized as an ENERGY STAR® Partner of the Year in 2010, 2011, and 2012 by the U.S Environmental Protection Agency. More information on Nissan in North America and the complete line of Nissan and Infiniti vehicles can be found online at www.NissanUSA.com and www.InfinitiUSA.com.

About Nissan
Nissan Motor Co., Ltd., Japan's second largest Japanese automotive company by volume, is headquartered in Yokohama, Japan and is an integral pillar of the Renault-Nissan Alliance. Operating with more than 248,000 employees globally, Nissan provided customers with more than 4.6 million vehicles in 2011. With a strong commitment to developing exciting and innovative products for all, Nissan delivers a comprehensive range of fuel-efficient and low-emissions vehicles under the Nissan and Infiniti brands. A pioneer in zero emission mobility, Nissan made history with the introduction of the Nissan LEAF, the first affordable, mass-market, pure-electric vehicle and winner of numerous international accolades including the prestigious 2011 European Car of the Year award.

For more information on our products, services and commitment to Sustainable Mobility, visit our website at http://www.nissan-global.com/EN/.

NISSAN DIVISION

Sept.

Sept.

Monthly

CYTD

CYTD

CYTD

2012

2011

% chg

2012

2011

% chg

Nissan Division Total

82,462

84,485

-2.4

779,888

701,898

11.1

Versa

8,016

11,800

-32.1

85,572

71,611

19.5

Sentra

9,345

8,105

15.3

85,840

90,026

-4.6

Cube

515

440

17.0

5,812

13,652

-57.4

Altima

24,448

24,356

0.4

234,040

200,554

16.7

Maxima

5,718

6,133

-6.8

46,121

44,593

3.4

LEAF

984

1,031

-4.6

5,212

7,199

-27.6

Juke

3,195

3,310

-3.5

28,096

27,459

2.3

370Z

436

469

-7.0

6,099

6,081

0.3

GT-R

119

107

11.2

968

1,102

-12.2

Total Car

52,776

55,751

-5.3

497,760

462,277

7.7

Frontier

4,354

4,331

0.5

44,814

37,445

19.7

Titan

1,792

2,294

-21.9

16,406

15,348

6.9

Xterra

1,408

1,566

-10.1

13,500

13,085

3.2

Pathfinder

3,205

2,311

38.7

23,542

18,883

24.7

Armada

1,148

1,552

-26.0

13,150

13,117

0.3

Rogue

12,106

10,740

12.7

109,763

91,378

20.1

Murano

3,685

4,481

-17.8

39,322

38,678

1.7

Quest

1,190

852

39.7

14,514

8,652

67.8

NV

798

607

31.5

7,117

3,035

134.5

Total Truck

29,686

28,734

3.3

282,128

239,621

17.7

North American produced

60,232

63,055

-4.5

570,102

507,697

12.3

Car

47,527



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    • 1 Second Ago
  • 81 Comments
      thomashchan1
      • 2 Years Ago
      Glad to say I am part of the September statistics for Volt. ;-) And this is not part of the August promotion, nor for the 2012 model sales, but the ongoing lease program for the 2013 model. I was even ready to purchase this since the dealer was willing to take 3k off MSRP. Factoring the federal and state incentives, cost of a loaded Volt is similar to a loaded Prius (non-PIP) and couple thousands less than a loaded PIP. The sales manager actually advised me to take the lease option given the technology is still new and evolving, which I agreed. I think the challenge comes when the fed/state incentive programs end, how GM would keep the next gen cost down to a competitive level to sustain the sales. No doubt this is one of the most advanced automobiles in the world today. It is also a major stepping stone into a pure EV world when the EV infrastructure is truly ready, i.e., abundance of charging stations, lower battery cost as well as faster charge time and longer EV range. Volt is an excellent and practical car, based on my initial couple weeks of driving it. I sure hope the adoption rate will continue to increase, and the next gen version will have much lower MSRP, one extra seat and a longer EV range.
        MTN RANGER
        • 2 Years Ago
        @thomashchan1
        I hope you enjoy it! 11,000 trouble-free miles on mine so far.
          Spiffster
          • 2 Years Ago
          @MTN RANGER
          Count me in too. Just got one for my wife... waiting on delivery from California though. Wish i could have bought one locally, but the local dealers could not touch the price I got quoted from Keyes Chevrolet in lala land. :-/
          Smurf
          • 2 Years Ago
          @MTN RANGER
          10,000 miles in my Volt at a total cost of $350 for gasoline and electricity. Averaging $35 to go 1000 miles, in a vehicle that is quick, quiet, smooth and comfortable.. Never have I been more satisfied with a vehicle...
          Spec
          • 2 Years Ago
          @MTN RANGER
          Awesome Spiffster! And you get that ridiculous Colorado bonus too (how much is that?). I'm getting $2500 from California (which is too much from this state with a bad budget crisis).
      SVX pearlie
      • 2 Years Ago
      I am quite surprised that the Volt sales total so high at 2,851 - I did not expect them to surpass August's total of 2,831. I assumed the promotions were ending in August, and that sales would drop accordingly, to around 2,400, following typical seasonal trends. At the rate things are trending, the Volt will hit just under 25,000 USDM sales for the year, with a December over 3,000, building into a CY2013 number of 40k. Not bad!
      mustangclubguy
      • 2 Years Ago
      How many of that total were purchased by the US Govt for Military bases and other Federal use which inflated the GM sales? And what price break does the Govt get buying from "itself?"
        American Refugee
        • 2 Years Ago
        @mustangclubguy
        Oh, also, to add a little perspective to that 185 Volts, the federal government currently owns over 660,000 vehicles. But of course you've only been told to hate one model, so you don't go leaving ignorant comments on threads about, say, the Suburban or the Malibu, do you?
          Marco Polo
          • 2 Years Ago
          @American Refugee
          @ American Refugee Quite right ! In most countries there would be an outcry if the local product wasn't purchased by government ! But the critic's have got really crazy over the idea that the DoD should buy only 'combat ready 'vehicles. Then listed the Chevy Cruze as a more suitable vehicle ! ( I like the Cruze, but I'm damned if I heading into war in one ;)
        brotherkenny4
        • 2 Years Ago
        @mustangclubguy
        I would think that buying a Volt would be seen as patriotic. I see nothing wrong with our soldiers driving them. It strikes at the heart of the terrorists funding sources. Those people who drive huge gas guzzlers and the oil companies are the unpatriotic money grubbers who care about nothing but green backs. They go out ranting on websites trying to spin up hatred for technology and people that want to change that situation. It's insane how americans act like they want to do right but tend to just want money.
        LiteNRG1
        • 2 Years Ago
        @mustangclubguy
        Even if they did, its call fleet sales. Like trucks. =/
        garylai
        • 2 Years Ago
        @mustangclubguy
        The government is a legitimate customer. A sale is a sale. If a state patrol buys a Crown Victoria, is Ford not supposed to report that as a sale because it was to the government?
        Grendal
        • 2 Years Ago
        @mustangclubguy
        First off, mustangclubguy, shouldn't get hammered for asking questions. Sure they were loaded questions. The one word that was questionable was "inflated." Let's ask our own questions. Isn't the government going to buy vehicle for military use anyway? Humvees and such? Cars for staff to drive around in? The answer to that is yes. Do you want them to buy gas guzzling cars that costs you more money to run? Do you want to fuel those cars, at least partially, from regimes that the military and the US are in conflict with? From foreign powers? The answer to that should be no. Do you want them to buy, and get a good deal from, a company that owes the government for a nice bailout that saved lots of jobs? The government still owns stock in GM so it makes sense that they should buy from them. Do you have any problem with the government buying from Lockheed, McDonnell, Boeing, or any of the myriad of other companies that the government buys products the government uses? Perspective is important. Plenty, which is pretty much every, large company gets money from the government in one way or another. It's all part of the process. Remember Haliburton? They're still around and they get lots of money from government contracts. Perspective.
          Spec
          • 2 Years Ago
          @Grendal
          He was clearly trying to make a statement instead of ask a sincere question. (As evidenced by 'inflated' and 'buy from "itself"'.)
          purrpullberra
          • 2 Years Ago
          @Grendal
          I think you are giving WAY too much benefit of doubt, he's not just asking questions, come on. Playing nice is well enough but.... Evidence of brain(?)washing is reason enough to hammer a nut on the head. Haliburton?!?! Cheney's backhanded way to become super-wealthy by giving war making over to for-profit companies. Why mention?
          American Refugee
          • 2 Years Ago
          @Grendal
          Yes, he shouldn't get hammered for asking questions. So, Senator, how often do you beat your wife?
        American Refugee
        • 2 Years Ago
        @mustangclubguy
        Would you like to provide one piece of evidence that any of the Volts mentioned above were for the purpose you just named? Here's the actual facts. The DoD has acquired 168 electric vehicles, not all of them Volts (in total, the entire government has purchased 185 Volts, across all departments). DoD plans to purchase about 1500 electrics of every sort over the next several years. If every one of those vehicles is a Volt (they won't be) then those purchases will amount to a tiny fraction of projected Volt sales. The government is not buying them from "itself" since they are only a minority shareholder in GM, and I'm sure they get the same fleet discount they get buying any new vehicle, which is pretty substantial. Here's the link to the actual facts, from GM and Stars and Stripes. http://wot.motortrend.com/we-hear-army-and-navy-buying-chevrolet-volts-for-domestic-use-262383.html The next time someone lies to you about the Volt, or anything for that matter, how about you say to yourself "self, this source is not to be trusted in the future!". If you do so, you will become instantly less moronic, I assure you.
          SVX pearlie
          • 2 Years Ago
          @American Refugee
          The biggest DoD commerical vehicle purchases are trucks and SUVs, not sedans. Guess how many Suburbans and F-150s the DoD has bought.
      MTN RANGER
      • 2 Years Ago
      That is probably true. However, I don't think we'll see any major price cuts until the next generation in 2015.
      Rick
      • 2 Years Ago
      Probably the best EV in the world the only one young Londoners can afford these days. http://www.youtube.com/watch?v=oW383-mDwU4&feature=related
      Grendal
      • 2 Years Ago
      "GM could potentially cut $5k off the price on a 2015 Volt 2.0, for a MSRP of $35k while the $7.5k credit is still in effect. At $28k before state incentives, the Volt becomes price competitive as a small step up from a Cruze Eco." With huge improvements in the economics to the consumer. Plus all the advantages of EV driving: quiet, no stops at gas stations, extra zip, and the smooth handling due to the centralized battery pack. All reasons why there has been a definite upswing to the sales of the Volt even with the higher price.
      Jens Kr. Kirkebø
      Leaf sales in Norway was up in September, totalling 257 units, the best month so far this year. Total EV sales was 589, with the iMiEV making up the bulk of the rest. PHEV sales was 59 units, nearly all PiP.
      RED SKULL
      • 2 Years Ago
      I bought a GM car after driving Toyota for 20 years. I am very happy with my GM car it really is better than my last Toyota.
        MTN RANGER
        • 2 Years Ago
        @RED SKULL
        I agree. My last two cars were a Toyota and a Lexus. Unless Toyota has something similar to the Volt in the future, I will not even look at them anymore.
      raktmn
      • 2 Years Ago
      December sales should be even higher just like last year. November should be pretty strong too. All the people thinking of buying in the spring will buy early so they can get their $7500 tax credit back a year earlier.
        SVX pearlie
        • 2 Years Ago
        @raktmn
        December will be huge. GM will easily move 3,000+ Volt based on end-of-year sales and tax credits. With the surprising strength in September, I now wonder if GM might move closer to 4,000 Volt in December. Need to see how November and December go.
      • 2 Years Ago
      I wonder if the auto-makers are figuring out how to get the price point down to move electric vehicles? If these cars remain affordable, there is a demand for them and I think this is the trend that we are seeing (increased sales). I guess this trend scares some people?
        SVX pearlie
        • 2 Years Ago
        The price will come down with sales volume. Thing is, grand global total installed base over the past few years is only like 100k units. Compare with the annual number of Fusion / Camry / Accord / Corolla / Civic (pick any one of them), and it's clear why there's a problem. The very fact that the EREV Volt is outselling the median car on a numbers volume basis suggests that things are coming around. Which is why Toyota, Honda and Ford are now pushing EREV / PHEV vehicles versus BEVs.
        krona2k
        • 2 Years Ago
        I really hope Nissan in particular can get their costs right down. I believe they can considering that they've brought virtually everything in house. The recent bad publicity won't help but the fact is that the LEAF as a second car in particular is close to being a no brainer when it comes to TCO. I'm committed to buying one next year, hopefully a new mark 1.5, but can fall back to a second hand 2012 mark 1 if needed.
          garylai
          • 2 Years Ago
          @krona2k
          When Nissan starts manufacturing the 2013 Leaf in Tennessee rather than Japan, the price should come down, I think by a few thousand dollars.
      Rick
      • 2 Years Ago
      F-Series 55,000 sales must be a bit of a disappointment especially to Yank Autoblog Green posters, Prius done well sales were up 103% Stateside. We should see a massive jump from 30 UK Electric Car sales in August, when September EV sales numbers come out. All that turns us Brits on is the March & September number licence plates thats as good as it gets these days, thats all we find sexy on Electric cars.
        Sir Duke
        • 6 Months Ago
        @Rick
        Rick, most folks here did not understand or care about your number plate comment. In your system the number plate (License Plate here) stays with the car even when the car is resold. Here in the US the license plate stays with the driver/owner. Some folks keep the same license plate and move it from car to car. Car to car - means, when I sell the car, I remove the plates and can have them registered to my new car.
        SVX pearlie
        • 6 Months Ago
        @Rick
        Why should truck sales be a disappointment, given that plug-in sales appear to be showing sustained growth?
      Smurf
      • 2 Years Ago
      More evidence that if you price them right, there is a market for EV's......
        Naturenut99
        • 2 Years Ago
        @Smurf
        Exactly... I think the sweet spot for the Volt would be for it to top out with all options at $39/40 k. Base about $35/36 k. Of course lower would be even better, but it is a great car, and it is worth $35k. They would probably be selling close to Aug. sales numbers regularly.
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