U.S. car sales are strong for General Motors, Chrysler, and Ford

The American car industry is performing remarkably well following some very impressive car sales reports in October (despite the shutdown) for Chrysler, Ford, and General Motors (GM).

Sales for Chrysler increased by 11 percent, Ford sales increased by 14 percent, and GM car sales rose by 16%.

With strong year-over-year growth GM sold a total of 226,402 vehicles in October 2013, representing a 16 percent rise compared to October last year.

Kurt McNeil, GM’s Vice President for U.S. Sales, said that “the sales tempo really picked up after the government shutdown ended.” All GM brands (GMC, Chevrolet, Buick, and Cadillac) performed well in terms of car sales.

He added:

“The sales so far are an indicator that the economy is doing well. I think Octobers results were really solid.”

GM’s Buick brand experienced the biggest increase in car sales by 31.2 percent, with 17,555 units sold. However, Chevrolet, which increased car sales by 14.7 percent, is still GM’s biggest seller – with 155,214 units sold.

 

buick

Buick year-over-year sales have soared.

October also represents the 43rd consecutive month of year-over-year gains for Chrysler, which includes the Dodge, Ram, and Jeep brands.

Ram sales increased by 22 percent, Jeep sales increased by 7 percent, Dodge sales went up by 18 percent, and Chrysler brand sales increased by 6 percent.

Reid Bigland, Chrysler’s Head of U.S. Sales Operations, said: that “after a choppy start to the beginning of the month, Chrysler Group car sales accelerated in the second half of the month with renewed consumer confidence and the launch of our all-new Jeep Cherokee.”

The second biggest U.S. car company, Ford, reported a year-over-year sales increase of 14 percent. In total, the car company sold 191,985 units in October.

Ford reported the biggest gains in its passenger car division, which includes cars such as the Taurus, Fiesta, and Mustang.

 

ford fiesta

Passenger cars like the Fiesta have done well.

Erich Merkle, Ford Sales Analyst says it is the company’s best October retail sales performance since 2004.

He added: “A lot of it is our new vehicles. So, when you start taking a look at vehicles like the Escape and particularly the Fusion, that really helped us to have a really great October retail sales month, which was our best October retail sales month going all the way back to 2004.”

Car Sales Tables

General Motors (GM) Sales Tables

October Total Sales YOY Change
Chevrolet 155,214 14.7%
GMC 38,841 15.7%
Buick 17,555 31.2%
Cadillac 14,792 9.5%
Total 226,402 15.7%
CYTD Total Sales YOY Change
Chevrolet 1,648,543 6.0%
GMC 372,054 9.4%
Buick 175,058 16.2%
Cadillac 148,206 26.7%
Total GM 2,343,861 8.3%
Fleet Segment Month YOY Change
Share of Sales 21.5% (0.3) points
Inventory Units at
Month-end
Days Supply (selling day adjusted)
All Vehicles 727,812 87

Source: General Motors

Chrysler Group LLC U.S. Sales Tables Thru October 2013

      Month Sales Vol %
Model Curr Yr Pr Yr Change
500 2,378 3,720 -36%
500L 1,296 0 NEW
FIAT BRAND 3,674 3,720 -1%
200 8,348 8,758 -5%
300 4,542 5,183 -12%
Town & Country 10,562 8,281 28%
CHRYSLER BRAND 23,452 22,222 6%
Compass 4,176 2,486 68%
Patriot 5,581 4,209 33%
Wrangler 11,780 11,310 4%
Liberty 0 4,099 -100%
Grand Cherokee 14,263 11,919 20%
Cherokee 579 0 NEW
JEEP BRAND 36,379 34,023 7%
Caliber 0 92 -100%
Dart 5,617 5,455 3%
Avenger 5,406 7,637 -29%
Charger 7,864 4,924 60%
Challenger 3,256 2,686 21%
Viper 69 0 NEW
Journey 6,373 5,955 7%
Caravan 11,609 10,603 9%
Nitro 0 29
Durango 5,120 3,230 59%
DODGE  BRAND 45,314 40,611 12%
Dakota 0 2
Ram P/U 29,846 25,222 18%
Cargo Van 848 385 120%
ProMaster Van 570 0 NEW
RAM BRAND 31,264 25,609 22%
TOTAL CHRYSLER GROUP LLC 140,083 126,185 11%
          TOTAL CAR 38,776 38,455 1%
          TOTAL TRUCK 101,307 87,730 15%

Source: Chrysler Group LLC

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