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Posts with tag first quarter sales

GM defends HUMMER, Saab brands

In its report on first-quarter worldwide sales, General Motors made a point of highlighting the success of HUMMER and Saab as part of its 4.4 percent growth overall. The two brands have attracted criticism in recent months, notably from board member Jerry York who suggested in January that the company dump both marques.

HUMMER sales grew 202 percent over last year, largely on the strength of the new H3. While most of the growth occurred in the U.S., the company reported strong results in Canada and the Middle East, with further growth in overseas sales expected with the availability of a right-hand drive H3 later this year.

Saab sales set an all-time record, up 23.2 percent worldwide over last year, boosted by the launch of its 2.8-liter V6 turbo powerplant and its 9-5 BioPower (Sweden's best-selling ethanol vehicle). With its model lineup undergoing expansion over the last couple of years (9-7x, 9-2x, etc.) that's somewhat predictable, but still welcome news. Now, if they could just make a profit.

[Sources:Tradingmarkets.com, GM]

Chevrolet Cobalt second only to best-selling Impala



The Tribune-Chronicle reports that sales for the Chevrolet Cobalt through the first quarter of 2006 were nearly double that of the same period last year. The increase was seen on a month-to-month comparison as well. So far, over 52,000 Cobalts have been delivered this year.

The Impala still remains the General’s best-selling vehicle, delivering slightly over 24,000 vehicles last month. But unlike the Cobalt, the figure represented a 4-percent drop compared to March 2005.

Sales for the GMC Yukon, the Cadillac Escalade, and the Pontiac Pursuit (sold only in Canada) can be found in the Tribune-Chronicle’s report. Overall, GM saw deliveries down from last year as reported earlier on Autoblog.

[Source: Tribune-Chronicle]


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