General Motors Sales Jumped 17% in May
Among its four remaining "core" nameplates, which include Buick, Cadillac, GMC and Chevrolet, GM said it sold 222,305 cars and trucks, a 31.8% improvement over the 168,623 vehicles sold during the same period a year ago. Year-to-date, combined sales of newly introduced models, including the Chevrolet Equinox and Camaro, Buick LaCrosse and Regal, GMC Terrain, and Cadillac SRX and CTS wagon, were up 323%.
"Each of our brands has new products that are being received well by customers. In fact, these new vehicles now account for about one in every four retail sales in the U.S.," said Steve Carlisle, vice president of U.S. sales. "With each brand launching new vehicles in the next few months, we are optimistic about the remainder of the year."GM was the first to report May sales Wednesday. Ford Motor (F), Toyota Motor (TM), Honda Motor (HMC), Chrysler Group and other automakers will report their totals later in the day.