General Motors (NYSE:) today announced that its June vehicle sales decreased 5 percent to 472,078 units. Car sales declined two percent to 252,601 units and truck sales were off eight percent to 219,477 units. The Buick, GMC, Saturn and Saab Divisions posted sales gains for the month.
GM’s June car sales outpaced truck sales for the first time this year. Sales in the core midsize segment rose seven percent with strong showings by the Chevrolet Malibu, up five percent; Oldsmobile Alero, up 25 percent; and the Chevrolet Impala had its best June sales in 15 years.
GM once again showed strength in the full-size utility market with June sales up six percent. Chevrolet Tahoe sales climbed 12 percent and GMC Yukon XL posted a 12 percent gain.
“The industry has been running at phenomenal levels for about two years now. In fact, the entire industry sold about a million more units in the first half of this year versus last year,” said Bill Lovejoy, group vice president of North America Vehicle Sales, Service and Marketing. “While we’re disappointed that our sales are down, volumes are still strong and we continue to sell a richer vehicle mix.”
For the full company report, please click here
