Cadillac Brand, Pickups Drive GM Sales in January
The auto maker says it will incentivize more this year, but wants to be known more for its slate of new products.
General Motors’ January sales reached their highest total since 2008, driven largely by pickup-trucks and a marked increase by the Cadillac brand.
GM’s daily sales rate climbed 11.3% from like-2012, as the auto maker delivered 194,699 vehicles, WardsAuto data shows. Cadillac saw its best January in 23 years, fueled by the introduction of the ATS and XTS sedans.
GM sales chief Kurt McNeil says a new CTS sedan is in the pipeline to keep the momentum going. Total new-car sales across all GM brands rose 7.2% on a daily basis from year-ago.
“The Detroit (auto) show (last month) was truly magical for General Motors,” McNeil says, pointing to the unveiling of the seventh-generation Chevrolet Corvette Stingray. Buzz generated from the auto show, along with pent-up demand and new models in key segments, drove customers to showrooms.
The ATS was the best-selling Cadillac in January with 2,781 units, followed closely by the CTS with 2,505. But while ATS sales have been climbing, CTS results plummeted 20.3% from like-2012. In total, Cadillac delivered 11,569 vehicles, including 4,380 SRX cross/utility vehicles.
Buick’s CUVs will be ones to watch in coming months as well, says Brian Sweeney, vice president-Buick-GMC sales and service. Sales of the fullsize Enclave hit 4,895 units in January. The compact Encore – in its first full sales month – delivered 353 units, a number sure to grow, he says.