General Motors remains the largest carmaker in the United States after the Detroit based automaker on Friday said dealers delivered 2.8 million vehicles in 2013, 7 percent more compared to 2012.
GM says retail sales were 11 percent up last year.
However, in December, America’s largest carmaker delivered 230,157 vehicles, down 6 percent compared to December 2012; but December’s volume was the highest since August according to official data. Fleet sales were also down 9 percent last month.
“The sales pace at the beginning of the month was slower than expected as a lot of places were hit by bad weather,” Michelle Krebs, an auto analyst with researcher Edmunds.com, said in an interview.
According to preliminary data, last month automakers sold about 1.4 million new vehicles in the United States, one of the best months in years.
“2013 was the year that GM and the auto industry put the last traces of the recession in the rearview mirror,” Kurt McNeil, vice president, U.S. sales operations said.
GM shares were down 2.7 percent at 11 AM ET following the company’s sales announcement. Most the analysts expected a rise of 0.7 – 0.9 percent sales increase last month.
Mary Barra, GM’s executive vice president of global product development and global purchasing was selected as next CEO. Barra, 51 will take over for current chief executive Dan Akerson on January 15.
She is the first women to run a global automaker.
by Mircea Serafim
) - Friday, January 3rd, 2014 - filed under General Motors
, Sales Reports
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Discuss: U.S. Auto Sales: GM’s sales down 6.3% in December; up 7% in 2013 – table