General Motors reported its highest September U.S. sales since 2008, delivering a total of 210,245 vehicles, up 1.5 percent compared with a year ago.
GM’s passenger car segment rose 29 percent, fueled by strong sales of mini, small and compact cars. These three segments were up a combined 97 percent, and all GM brands increased their retail sales.
GM announced that 70 percent of its nameplates will be all new or redesigned in 2012 and 2013. Particular strong sales were recorded by the new Chevrolet Spark and Cadillac XTS, and also by the Buick Verano, Chevrolet Cruze and Chevrolet Sonic. 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.
GM’s 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.