Best Calendar Year Full-Size Pickup sales since 1978
December Total Sales Up Seven Percent; Retail Up 15 percent
DETROIT - General Motors dealers sold 362,169 new cars and trucks in December in the United States. GM total sales were up seven percent for the month with a 15 percent retail increase. Buoyed by exceptional retail sales performance and an improved vehicle mix, GM's industry leading lineup of trucks broke the industry calendar year record for truck sales.
"Several years ago, GM committed to regaining truck leadership, and in 2001 we accomplished this important goal, setting a new industry benchmark for truck sales," said Bill Lovejoy, group vice president of North America Vehicle Sales, Service and Marketing. "We not only set an industry record for overall truck and SUV sales, but we had the best industry full-size pickup sales since 1978, which gives us great momentum going into 2002."
Lovejoy continued, "Despite some moderation in the industry, GM's retail volume will be up for the second consecutive year and our inventories are in terrific shape for 2002. This is an accomplishment we could not have achieved without the exceptional performance of our entire GM organization and the outstanding sales efforts of our dealers."
GM Truck Sales Highlights
GM achieved truck leadership with 2,631,535 sales in 2001, giving GM the best industry truck sales ever. For December, GM's industry-leading truck lineup maintained its exceptional sales pace, with deliveries up 31 percent.
Robust sport utility vehicle (SUV) sales for the year (1,019,228 units) resulted in GM shattering the all-time industry SUV sales record -- and GM became the first manufacturer to sell more than one million SUVs in a calendar year. GM's full-size utilities (93,280 units - up 28 percent over last year) dominated the industry once again in December. The Chevrolet Tahoe and Suburban, GMC Yukon, Yukon XL as well as the all-new Cadillac Escalade (537,193 units -- up 29 percent for the calendar year) gave GM the all-time industry record for full-size utilities, breaking the record for the fifth consecutive year.
GM's all-new midsize SUVs, the Chevrolet TrailBlazer, GMC Envoy, Oldsmobile Bravada and Buick Rendezvous again made major contributions to an all-time GM record for midsize utility sales (429,274 units -- up 23 percent). GM also led the industry in full-size pickup sales for the first time since 1994 with sales of 979,706 -- up 18 percent over last year, and had the best full-size pickup sales of any manufacturer since 1978.
GM Car Sales Highlights
For 2001, GM car deliveries were down 10 percent, and down 19 percent for December. Passenger car sales were negatively impacted by the industry decline in daily rentals. Chevrolet Impala, Malibu and Cavalier, as well as the Pontiac Grand Am remained in the top-10 best selling cars for the year. GM is the only manufacturer with four vehicles in the top ten.
Building on the strength of the industry leading truck lineup, GM is expecting to build momentum in the luxury and entry level markets with all-new vehicles. Cadillac CTS and Escalade EXT, Saturn Vue and Pontiac Vibe are all coming to market within the next few months.
December Sales Records
Chevrolet Impala
GM Trucks
Chevrolet Trucks
GM Pickups
Chevrolet Pickups
GM FullSize Pickups
GM Utilities
GM FullSize Utilities
Chevrolet Suburban
Chevrolet Tahoe
GMC Yukon and Yukon XL
CYTD Records Saab Cars
Chevrolet Impala
Saturn L-Series
CYTD Records Cont.
GM Trucks
Chevrolet Trucks
GM Pickups
Chevrolet Pickups
GMC Pickups
GMC Sierra
GM Utilities
Chevrolet Utilities
GMC Utilities
Chevrolet Tracker
GM Midsize Utilities
GM FullSize Utilities
Chevrolet Suburban
Chevrolet Tahoe
GMC Yukon and Yukon XL
Cadillac Escalade
Certified Used Sales
GM continued to gain momentum in the used car market, achieving over 23,000 total used certified vehicle sales for December, including the Cadillac, Saturn and SAAB certified brands. The GM Certified Used Vehicle brand achieved record numbers for the seventh consecutive month with 20,272 sales. Overall, the GM Certified Used Vehicle brand, combined with the Cadillac, Saturn and SAAB certified brands sold nearly 140,000 units in 2001.
GM Announces December, Fourth-Quarter, 2001 Production; Reaffirms First-Quarter Schedule
In December, GM produced 363,000 vehicles (163,000 cars and 200,000 trucks) in North America, down 4 percent from 378,000 vehicles (180,000 cars and 198,000 trucks) produced in December 2000. (Production totals include joint venture production of 5,000 vehicles in December 2001 and 9,000 vehicles in December 2000.)
In the fourth quarter of 2001, GM produced 1.294 million vehicles (573,000 cars and 721,000 trucks) in North America, down 5 percent from the 1.364 million vehicles (670,000 cars and 694,000 trucks) in the fourth quarter of 2000.
For 2001, GM produced 5.110 million vehicles (2.365 million cars and 2.745 million trucks) in North America, down 11 percent from the 5.772 million vehicles (2.892 million cars and 2.880 million trucks) produced in 2000.
Additionally, GM reaffirmed first-quarter 2002 forecast of 1.3 million vehicles (575,000 cars and 725,000 trucks).
GM also announced the following production information for its international regions:
GM Europe – Fourth-quarter production was 441,000 vehicles, down from 513,000 in the fourth quarter of 2000. For 2001, GM produced 1.843 million vehicles, down from the 1.993 million vehicles produced in 2000. The first-quarter 2002 estimate is unchanged at 498,000 vehicles.
GM Asia Pacific - Fourth-quarter production was 70,000 vehicles, an increase from the 47,000 vehicles produced in the fourth quarter of 2000. For 2001, GM produced 260,000 vehicles, up from the 185,000 vehicles produced in 2000. The first-quarter 2002 estimate is unchanged at 67,000 vehicles.
GM Latin America, Africa and the Middle East – Fourth-quarter production was 127,000 vehicles, down from the 135,000 vehicles produced in the fourth quarter of 2000. For 2001, GM produced 576,000 vehicles, up from the 544,000 vehicles produced in 2000. The first-quarter 2002 estimate is 132,000 vehicles, an increase of 14,000 vehicles from the previous estimate.
Note: GM sales and production results are available on GM Media Online at http://media.gm.com by clicking on News, then Sales/Production.
In this press release and related comments by General Motors management, our use of the words "expect," "anticipate," "estimate," forecast," "objective," "plan," "goal" and similar expressions is intended to identify forward looking statements. While these statements represent our current judgement on what the future may hold, and we believe these judgements are reasonable, actual results may differ materially due to numerous important factors that are described in GM's most recent report on SEC Form 10-K (at page II-20) which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K. Such factors include, among others, the following: changes in economic conditions, currency exchange rates or political stability; shortages of fuel, labor strikes or work stoppages; market acceptance of the corporation's new products; significant changes in the competitive environment; changes in laws, regulations and tax rates; and, the ability of the corporation to achieve reductions in cost and employment levels to realize production efficiencies and implement capital expenditures at levels and times planned by management.
# # #
Curr S/D:25
Prev S/D:25
December
Calendar Year-to-Date
January - December
2001
2000
% Chg
per S/D
2001
2000
% Chg
Vehicle Total
362,169
337,972
7.2
4,904,015
4,953,163
-1.0
Car Total
130,668
161,608
-19.1
2,272,480
2,531,734
-10.2
Truck Total
231,501
176,364
31.3
2,631,535
2,421,429
8.7
Light Truck Total
228,080
174,311
30.8
2,590,181
2,384,024
8.6
Light Vehicle Total
358,748
335,919
6.8
4,862,661
4,915,758
-1.1
Market Division Vehicle Total
Buick
27,586
25,305
9.0
405,678
404,612
0.3
Cadillac
12,313
15,281
-19.4
172,083
189,154
-9.0
Chevrolet
213,324
182,948
16.6
2,689,954
2,615,884
2.8
GMC
49,042
37,717
30.0
554,753
528,639
4.9
Hummer
71
39
82.1
768
875
-12.2
Oldsmobile
12,614
23,294
-45.8
233,745
289,172
-19.2
Other - Isuzu
1,323
0
***.*
15,346
0
***.*
Pontiac
29,679
31,340
-5.3
533,402
613,548
-13.1
Saab
2,720
3,753
-27.5
37,556
39,479
-4.9
Saturn
13,497
18,295
-26.2
260,730
271,800
-4.1
Sales of Domestically Produced Vehicles
Car
127,847
155,729
-17.9
2,225,160
2,474,965
-10.1
Light Truck
228,080
174,311
30.8
2,590,181
2,384,024
8.6
Twenty-five selling days for the December period this year
and twenty-five for last year.
*
American Isuzu Motors, Inc., dealer sales of commercial vehicles distributed
by General Motors Corporation as reported to General Motors by American
Isuzu Motors, Inc.
Please
Note: The Light sub-totals will be different than reported the prior year
due to the implementation of 2001 Segmentation, which moved some Light
Trucks to Medium.
GM Car Deliveries - (United States)
December 2001
(1)
December
Calendar Year-to-Date
January - December
2001
2000
%Chg
per S/D
2001
2000
%Chg
Selling Days (S/D)
25
25
Century
9,644
7,386
30.6
142,157
143,085
-0.6
LeSabre
7,398
11,369
-34.9
145,304
148,633
-2.2
Park Avenue
2,996
3,501
-14.4
36,454
47,669
-23.5
Regal
2,686
3,047
-11.8
49,992
65,167
-23.3
Riviera
0
2
***.*
17
58
-70.7
Buick Total
22,724
25,305
-10.2
373,924
404,612
-7.6
Catera
101
2,126
-95.2
9,764
17,290
-43.5
DeVille
6,602
6,841
-3.5
95,354
105,694
-9.8
Eldorado
344
1,640
-79.0
9,859
13,289
-25.8
Seville
1,858
2,947
-37.0
25,290
29,535
-14.4
Cadillac Total
8,905
13,554
-34.3
140,267
165,808
-15.4
Camaro
2,524
2,770
-8.9
35,453
42,131
-15.9
Cavalier
14,348
14,293
0.4
233,298
236,803
-1.5
Corvette
1,648
2,334
-29.4
33,655
31,208
7.8
Impala
15,084
12,682
18.9
208,395
174,358
19.5
Lumina
2
4,337
***.*
17,649
46,573
-62.1
Malibu
9,046
11,969
-24.4
176,583
207,376
-14.8
Metro
2
2,046
***.*
6,515
33,878
-80.8
Monte Carlo
3,979
3,899
2.1
72,596
66,364
9.4
Prizm
2,335
4,168
-44.0
45,894
52,116
-11.9
Chevrolet Total
48,968
58,498
-16.3
830,038
890,807
-6.8
Alero
6,479
8,199
-21.0
109,302
122,722
-10.9
Aurora
1,008
3,734
-73.0
24,928
28,250
-11.8
Cutlass
0
6
***.*
53
1,243
-95.7
Eighty Eight
0
0
***.*
16
477
-96.6
Intrigue
1,423
4,287
-66.8
39,395
64,109
-38.5
Oldsmobile Total
8,910
16,226
-45.1
173,694
216,801
-19.9
Bonneville
2,511
3,223
-22.1
48,598
65,606
-25.9
Firebird
1,804
1,804
0.0
25,743
31,013
-17.0
Grand Am
9,300
9,225
0.8
182,046
214,923
-15.3
Grand Prix
8,564
7,418
15.4
128,935
148,521
-13.2
Sunfire
3,158
4,307
-26.7
71,342
82,364
-13.4
Pontiac Total
25,337
25,977
-2.5
456,664
542,427
-15.8
900
0
0
***.*
0
58
***.*
9000
0
0
***.*
0
18
***.*
9-3
919
1,810
-49.2
18,374
19,430
-5.4
9-5
1,801
1,943
-7.3
19,182
19,973
-4.0
Saab Total
2,720
3,753
-27.5
37,556
39,479
-4.9
Saturn EV1
0
0
***.*
0
411
***.*
Saturn L Series
5,378
6,843
-21.4
98,227
94,034
4.5
Saturn S Series
7,726
11,452
-32.5
162,110
177,355
-8.6
Saturn Total
13,104
18,295
-28.4
260,337
271,800
-4.2
GM Total
130,668
161,608
-19.1
2,272,480
2,531,734
-10.2
GM Car Deliveries by Production Source
GM North America *
127,847
155,729
-17.9
2,225,160
2,474,965
-10.1
GM Import
2,821
5,879
-52.0
47,320
56,769
-16.6
GM Total
130,668
161,608
-19.1
2,272,480
2,531,734
-10.2
* Includes U.S./Canada/Mexico
GM Car Deliveries by Production Source and Marketing
Division
Buick Total
22,724
25,305
-10.2
373,924
404,612
-7.6
Cadillac Total
8,804
11,428
-23.0
130,503
148,518
-12.1
Chevrolet Total
48,968
58,498
-16.3
830,038
890,807
-6.8
Oldsmobile Total
8,910
16,226
-45.1
173,694
216,801
-19.9
Pontiac Total
25,337
25,977
-2.5
456,664
542,427
-15.8
Saturn Total
13,104
18,295
-28.4
260,337
271,800
-4.2
GM North America Total*
127,847
155,729
-17.9
2,225,160
2,474,965
-10.1
***.*
***.*
Cadillac Total
101
2,126
-95.2
9,764
17,290
-43.5
Saab Total
2,720
3,753
-27.5
37,556
39,479
-4.9
GM Import Total
2,821
5,879
-52.0
47,320
56,769
-16.6
GM Vehicle Deliveries by Marketing Division
Buick Total
27,586
25,305
9.0
405,678
404,612
0.3
Cadillac Total
12,313
15,281
-19.4
172,083
189,154
-9.0
Chevrolet Total
213,324
182,948
16.6
2,689,954
2,615,884
2.8
GMC Total
49,042
37,717
30.0
554,753
528,639
4.9
Hummer Total
71
39
82.1
768
875
-12.2
Oldsmobile Total
12,614
23,294
-45.8
233,745
289,172
-19.2
Other-Isuzu Total
1,323
0
***.*
15,346
0
***.*
Pontiac Total
29,679
31,340
-5.3
533,402
613,548
-13.1
Saab Total
2,720
3,753
-27.5
37,556
39,479
-4.9
Saturn Total
13,497
18,295
-26.2
260,730
271,800
-4.1
GM Total
362,169
337,972
7.2
4,904,015
4,953,163
-1.0
* Includes US/Canada/Mexico
GM Truck Deliveries - (United States)
December 2001
(1)
December
Calendar Year-to-Date
January - December
2001
2000
% Chg
per S/D
2001
2000
% Chg
Selling Days (S/D)
25
25
Rendezvous
4,862
0
***.*
31,754
0
***.*
Total Buick
4,862
0
***.*
31,754
0
***.*
Escalade
2,935
1,727
69.9
31,270
23,346
33.9
Escalade EXT
473
0
***.*
546
0
***.*
Total Cadillac
3,408
1,727
97.3
31,816
23,346
36.3
Astro
4,205
4,574
-8.1
59,395
92,585
-35.8
C/K Suburban(Chevy)
14,225
11,830
20.2
154,782
133,123
16.3
Chevy C/T Series
478
462
3.5
6,487
8,066
-19.6
Chevy P Models & Mtr Hms
0
8
***.*
226
754
-70.0
Chevy W Series
214
182
17.6
2,052
2,359
-13.0
Express Cutaway/G Cut
1,525
1,062
43.6
16,896
20,400
-17.2
Express Panel/G Van
5,018
5,543
-9.5
66,712
78,330
-14.8
Express/G Sportvan
770
916
-15.9
14,406
14,502
-0.7
S/T Blazer
7,673
11,453
-33.0
149,195
225,948
-34.0
S/T Pickup
12,042
9,842
22.4
162,181
211,587
-23.4
Tahoe
17,872
15,119
18.2
202,319
149,834
35.0
Tracker
3,623
3,554
1.9
52,368
48,020
9.1
TrailBlazer
16,777
0
***.*
115,103
0
***.*
Venture
6,100
5,545
10.0
88,788
97,450
-8.9
Avalanche
8,306
0
***.*
52,955
0
***.*
Silverado-C/K Pickup
65,528
54,360
20.5
716,051
642,119
11.5
Chevrolet Fullsize Pickups
73,834
54,360
35.8
769,006
642,119
19.8
Chevrolet Total
164,356
124,450
32.1
1,859,916
1,725,077
7.8
C/K Suburban(GMC)
0
15
***.*
94
4,776
-98.0
Envoy
7,448
0
***.*
51,208
0
***.*
GMC C/T Series
951
1,097
-13.3
12,808
21,407
-40.2
GMC W Series
455
302
50.7
4,399
4,369
0.7
P Models & Mtr Hms(GMC)
0
2
***.*
36
450
-92.0
S/T Jimmy
338
4,457
-92.4
30,825
79,489
-61.2
Safari (GMC)
1,052
2,150
-51.1
18,533
32,444
-42.9
Savana Panel/G Classic
1,707
1,659
2.9
24,175
29,373
-17.7
Savana Special/G Cut
346
471
-26.5
9,948
9,214
8.0
Savana/Rally
226
260
-13.1
2,551
3,804
-32.9
Sierra
18,929
15,060
25.7
210,154
188,907
11.2
Sonoma
3,477
2,448
42.0
42,062
51,093
-17.7
Yukon
7,060
5,375
31.3
77,254
56,297
37.2
Yukon XL
7,053
4,421
59.5
70,706
47,016
50.4
GMC Total
49,042
37,717
30.0
554,753
528,639
4.9
Hummer H1
71
39
82.1
768
875
-12.2
Hummer Total
71
39
82.1
768
875
-12.2
Bravada
1,721
3,350
-48.6
23,867
31,194
-23.5
Silhouette
1,983
3,718
-46.7
36,184
41,177
-12.1
Oldsmobile Total
3,704
7,068
-47.6
60,051
72,371
-17.0
Other-Isuzu F Series
181
0
***.*
2,253
0
***.*
Other-Isuzu N Series
1,142
0
***.*
13,093
0
***.*
Other-Isuzu Total
1,323
0
***.*
15,346
0
***.*
Aztek
1,229
2,243
-45.2
27,322
11,201
143.9
Montana
3,113
3,120
-0.2
49,416
59,849
-17.4
Trans Sport
0
0
***.*
0
71
***.*
Pontiac Total
4,342
5,363
-19.0
76,738
71,121
7.9
VUE
393
0
***.*
393
0
***.*
Saturn Total
393
0
***.*
393
0
***.*
GM Total
231,501
176,364
31.3
2,631,535
2,421,429
8.7
GM TRUCK Deliveries by Production Source
GM North America *
230,163
176,006
30.8
2,616,189
2,416,864
8.2
GM Import
1,338
358
273.7
15,346
4,565
236.2
GM Total
231,501
176,364
31.3
2,631,535
2,421,429
8.7
GM Light Duty Truck Deliveries by Production Source
GM North America *
228,080
174,311
30.8
2,590,181
2,384,024
8.6
GM Import
0
0
***.*
0
0
***.*
GM Total
228,080
174,311
30.8
2,590,181
2,384,024
8.6
* Includes U.S./Canada/Mexico
GM TRUCK Deliveries by Production Source and Marketing
Division
Buick Total
4,862
0
***.*
31,754
0
***.*
Cadillac Total
3,408
1,727
97.3
31,816
23,346
36.3
Chevrolet Total
164,211
124,328
32.1
1,858,487
1,723,368
7.8
GMC Total
48,809
37,481
30.2
552,195
525,783
5.0
Hummer Total
71
39
82.1
768
875
-12.2
Oldsmobile Total
3,704
7,068
-47.6
60,051
72,371
-17.0
Other-Isuzu Total
363
0
***.*
3,987
0
***.*
Pontiac Total
4,342
5,363
-19.0
76,738
71,121
7.9
Saturn Total
393
0
***.*
393
0
***.*
GM North America Total*
230,163
176,006
30.8
2,616,189
2,416,864
8.2
Chevrolet Total
145
122
18.9
1,429
1,709
-16.4
GMC Total
233
236
-1.3
2,558
2,856
-10.4
Other-Isuzu Total
960
0
***.*
11,359
0
***.*
GM Import Total
1,338
358
273.7
15,346
4,565
236.2
GM Light Truck Deliveries by Production Source and
Marketing Division