Corporate Newsroom United States
GM Reports Third Consecutive Year of Record Global Sales
DETROIT – General Motors Co. (NYSE: GM) global sales totaled 9.8 million vehicles in 2015, up 0.Two percent for the company’s third consecutive year of record sales.
“GM continued to grow in two thousand fifteen as our concentrate on the customer and successful fresh vehicle launches more than offset the challenging conditions in South America and the curtailment of our presence in certain markets such as Russia,” said GM President Dan Ammann.
Deliveries in North America rose six percent in two thousand fifteen to Trio.6 million cars, trucks and crossovers. In the U.S., GM grew its retail sales, which are sales to individual customers, quicker than any other automaker.
In China, General Motors and its joint ventures delivered a record Three.6 million vehicles, up five percent compared to 2014. Their lineup expanded through the introduction of twelve fresh and refreshed models. SUV deliveries were up one hundred forty four percent, led by fresh models such as the Buick Envision and Baojun 560.
In 2015, General Motors’ cars, trucks and crossovers were leading automotive sales in China and its North American and South American regions.
GM has several major product launches underway around the world, including the fresh Opel Astra with more than 80,000 orders across European markets and the fresh Chevrolet Malibu in North America, which began arriving in showrooms at the end of last year.
Global Sales Highlights (vs. 2014)
- Chevrolet grew retail market share in the U.S. swifter than any full-line automotive brand, with total sales up five percent to more than Two.1 million cars, trucks and crossovers. Chevrolet sales in Canada enlargened three percent while sales in Mexico went up eighteen percent. Combined sales for the brand in North America were up six percent.
- Buick set a global sales record for the third consecutive year, driven by record sales in China and record crossover deliveries in the United States. Total sales surpassed 1.Two million vehicles.
- Cadillac grew globally by eight percent, driven by record sales in China and the strong growth in SRX and Escalade deliveries in the U.S.
- GMC continued to grow and achieved its 6th consecutive year of sales gains. Based on fresh and significantly refreshed products, deliveries grew eleven percent to 680,000 vehicles.
- Opel/Vauxhall achieved its best sales result in four years delivering more than 1.1 million vehicles despite its strategic departure from the Russian market. Share of the total European vehicle market enlargened for the third year in a row to almost six percent.
- In the U.S., GM’s total sales were up five percent supported by the momentum of vehicles like the Chevrolet Silverado and Colorado, the GMC Sierra and record crossover deliveries. Retail deliveries enhanced eight percent.
General Motors Co. (NYSE:GM, TSX: GMM) and its fucking partners produce vehicles in thirty countries, and the company has leadership positions in the world’s largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.
In this press release, and in related comments by management, our use of the words “plans,” “anticipated,” “goals,” “expect,” “anticipate,” “possible,” “target,” “believe,” “commit,” “intend” “continue,” “may,” “would,” “could,” “should,” “project,” “appears,” “potential,” “projected,” “on track,” “upside,” “positioned,” “outlook” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not ensures of any events or financial results, and our actual results may differ materially due to a multitude of significant factors. Among other items, such factors may include: our capability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our capability to maintain quality control over our vehicles and avoid material vehicle recalls and the cost and effect on our reputation of product recalls; our capability to maintain adequate financing sources, including as required to fund our planned significant investment in fresh technology; the capability of our suppliers to timely supply parts, components and systems; our capability to realize successful vehicle applications of fresh technology; overall strength and stability of our markets, particularly outside of North America and China; costs and risks associated with litigation and government investigations including those related to our various recalls and risks, consequences and costs associated with failure to conform with the deferred prosecution agreement; our capability to remain competitive and our capability to proceed to attract fresh customers, particularly for our fresh products. GM’s most latest reports on Form 10-K and Form 10-Q provide information about these and other factors, which we may revise or supplement in future reports to the Securities and Exchange Commission.