W***n
发帖数: 11530 | 1 Robust performance across key brands steered company’s sales
November 13, 2017
The top U.S. automaker, General Motors (NYSE:GM), in collaboration with its
joint ventures in China, delivered 382,723 vehicles, up 10.7% from the same
period last year. Most of the company’s brands saw best-ever October sales
on volume basis. The SUV segment remained the highlight of the month with a
64% year-over-year sales growth in the Asian economy.
The Detroit automaker’s year-to-date volume came in at 3,130,862 units, up
2.2% on a year-over-year basis. Here’s a detailed analysis on the monthly
performance of General Motors.
Performance of GM’s brands
Buick sales amounted to 107,297 units, which represents a 2.1% sales growth
as compared with October 2016. The sales gain was attributable to
considerable growth of the GL8 MPV family whose sales exceeded 12,300 units,
up a mammoth 84% compared with October 2016. Envision sales surpassed 19,
000 units.
Chevrolet sales set a new October record as it delivered 61,065 units, up 17
% from the same period last year. Sales of the Malibu family amounted to
more than 14,000 units, up 59% on a year-over-year basis. Chevy Equinox
sales came in at nearly 6,500 units for the month. Cavalier was the brand’s
best model on volume basis with 22,000 units sold, up a mammoth 90% as
compared with October 2016.
GM 30-Year Financial Data
The intrinsic value of GM
Peter Lynch Chart of GM
GM’s Cadillac brand continues to impress as its sales rose double-digit for
the 20th successive month. Cadillac deliveries totaled 17,018 units in
October which represents a sales growth of 36.1% year over year. All of
Cadillac’s models saw double-digit sales growth. Sales of XT5 and ATS-L
stood at 6,615 (up 40% year over year) and more than 5,600 (units up 37%).
Cadillac CT6 sales spiked a mammoth 170% to 1,200 units and that of XTS
soared 19%. The solid performance of all these models explains why Cadillac
is the powerhouse of General Motors.
Baojun sales surged 56% to 104,755 units. Baojun 510 contributed the most
toward sales volumes as its sales surpassed 45,000 units. Baojun 510 upheld
itself as the brand’s most popular selling model for the seventh
consecutive month. Nonetheless, demand for Baojun 310 was also robust with
approximately 14,000 units sold in its fourth month in the Chinese market.
The only brand to report sales decline was Wuling. Sales plunged 14.9% to 92
,588 units. While Hong Guang sales exceeded 42,000 units, sales of Rong
Guang amounted to almost 38,000 units. GM’s monthly growth wasn’t
adversely affected by the sales decline witnessed by Wuling.
Last word
The company’s key brands are selling well in the Asian economy and are
expected to have healthier sales in the remaining part of the year. Larger
and high-margin vehicles are apparently dominating the market which should
boost the company’s top and bottom lines. The new Buick Regal, Baojun 310
Wagon and Wuling Hong Guang S3 SUV are among the 10 new and rejuvenated
models the automaker plans to launch by end of this year.
Overall sales in China have stalled with only 2.2% in the first 10 months of
the year compared with 15.9% growth registered in the same period last year
. Most of the automakers saw slow sales in October, although General Motors
managed to outperform the market. It would be interesting to see how the
largest American carmaker finishes the year in the world’s hottest car
destination. | b********r
发帖数: 837 | 2 People should pay attention to the newly designed Equinox, Terrain and
Enclave this year! All three have super-high '性价比' and great-looking!
its
same
sales
a
up
【在 W***n 的大作中提到】
: Robust performance across key brands steered company’s sales
: November 13, 2017
: The top U.S. automaker, General Motors (NYSE:GM), in collaboration with its
: joint ventures in China, delivered 382,723 vehicles, up 10.7% from the same
: period last year. Most of the company’s brands saw best-ever October sales
: on volume basis. The SUV segment remained the highlight of the month with a
: 64% year-over-year sales growth in the Asian economy.
: The Detroit automaker’s year-to-date volume came in at 3,130,862 units, up
: 2.2% on a year-over-year basis. Here’s a detailed analysis on the monthly
: performance of General Motors.
| W***n
发帖数: 11530 | 3
agree
【在 b********r 的大作中提到】
: People should pay attention to the newly designed Equinox, Terrain and
: Enclave this year! All three have super-high '性价比' and great-looking!
:
: its
: same
: sales
: a
: up
|
|
