Saturn Outlook

Declining Truck Sales Cripple Gm

General Motors Corp.'s sales sagged in June as demand for its small cars dropped. Also, aggressive discounting by the Toyota Motor Corp. injured GM’s pickup trucks. Of the Detroit Big Three, GM suffered the largest monthly decline, with sales diving 21.3 percent - the number is slightly weaker than June last year. Overall, vehicle sales fell three percent from year-earlier levels, and the drop would have been sharper if there had not been an extra selling day in June. On a seasonally...

Sales Doldrums Cripples General Motors

Declining truck sales and a bunch of condemnation have weakened General Motors Corp.'s turnaround plan, threatening to outdo the automaker's product successes and cost-cutting efforts of the past year. GM's June sales were down 21 percent from a year ago, with sales down seven percent year to date. The automaker’s June sales report reflected surprising weakness in its new full-size pickup trucks, a key to the automaker's comeback plan. The continuing sales doldrums etches doubt over...

General Motors Posts Quarterly Sales

Giant automaker General Motors recently posted its sales output for the second quarter of the year worldwide. According to the report made public by the Dearborn-based automaker, the company has sold more than 2 million vehicles all over the world from April to June this year. The 2.405 million cars and light trucks sold by the automaker all over the world for the second quarter of the year is higher than last year’s for the same period. From April to June last year, General Motors...

Can ‘rethink American’ Boost Saturn’s Sales?

Analysts are warning that Saturn's decision to align itself with the flag; mom and apple pie in its latest "Rethink American" campaign may not be an automatic home run. "They can't rely on the American idea only, even though, traditionally, [General Motors] being American is a reason why they've wanted people to buy their vehicles," said Alexander Edwards, the president of the auto division at the consultancy Strategic Vision based in San Diego. "That would be like Hyundai only selling...

General Motors Sales Drop Nearly 25%

General Motors Corp. dealers in the United States delivered 326,300 vehicles in June, down 24 percent as compared with year-ago monthly sales. The decline was partly attributed to a planned reduction of an additional 13,487 daily rental sale vehicles in the month. The Detroit automaker now has taken over 92,000 daily rental vehicles out of the sales totals this year. “Given the planned reduction in daily rental sales, we expected June would be a tough comparison to a year ago. Our...

Gm Delivered 375k Autos in May; Sales Up 4.7%

General Motors dealers in the United States delivered 375,682 autos in May and that amount is up by 4.7 percent as compared with the year-ago monthly sales. The figures were announced by the largest American automaker on the first day of June. On an unadjusted basis, sales increased by 8.8 percent. GM's May retail sales of 279,731 were up 8.5 percent. On an unadjusted basis, retail sales were up 12.8 percent as compared with a year ago. May sales mirrored the strength of the...

Gm Reports May Sales of 375,682 Units

Maker of quality GMC headlights, GM in the United States sold 375,682 vehicles in May that is 4.7 percent higher than the year-ago monthly sales. It was 8.8 percent higher on an unadjusted basis. Its retail sales for May totaled to 279,731 – an 8.5 percent increase. On an unadjusted basis, retail sales were up 12.8 percent as compared to the same month a year ago. The continuing strength of GM’s new product line is reflected on the May sales. As to the fuel-efficient and alternative...

Saturn Aura Marketing Gambit Pulls More Sales

The Saturn division of the General Motors Corp's is wowing auto shoppers away from rival brands this year and expects to attract even more as it rolls out a marketing program that offers direct comparisons with top-selling sedans from Japanese competitors, said the Saturn chief. Over the past weeks, Saturn dealers have placed a Toyota Camry and a Honda Accord in their showrooms, challenging purchasers to take comparison test drives with the Aura. GM calls the first-of-its-kind marketing...

General Motors Posted Increased May Sales

The past year has seen the United States’ Big Three carmakers face their toughest challenge. General Motors, Ford and Chrysler has already taken steps to bring their companies back to profitability and with the May sales reported, General Motors looks as if it is back on the track. Due to the additional selling day for last month as compared to May of last year, computations put General Motors’ sales figure to an increase of 4.7 percent if adjusted to the extra selling day. If...

Gm Gets Slight Lift From Truck Sales

Auto industry got loads of surprises. Sometimes you just have to expect the unexpected. In February, the Ford Motor Co. and Chrysler Group suffered sales decline. Other critics expect that General Motors Corp. would also suffer the same plight. Unfortunately, their guess is not as good as any one else. This is because GM sold more vehicles than expected. Last month GM reported a 3.7 percent improvement over a year ago despite a flat U.S. market and poor results at rivals. The February...