GM March Retail Sales Numbers

General Motors GM in the United States. Retail sales surged 38 percent for its four brands, driven by demand for Chevrolet's all-new Cruze compact sedan. In spite of a decline in incentives, dealers reported 206,621 total sales during March, an increase of 11 percent. This total included a 17 percent increase in retail sales, compared to March 2010. March's retail sales increase was spurred by a 34-percent rise in passenger car retail sales, led by a 287 percent gain in retail sales of the Cruze over the car it replaced. March deliveries to fleets declined 1 percent and represented 27 percent of the company's total sales – the ninth straight month that fleet sales comprised less than 30 percent of total sales. For the first three months, total sales increased 26 percent to 592,545 units compared to a year earlier. As a result, each of GM's brands – Chevrolet, Buick, GMC and Cadillac – gained retail and total market share during the quarter.
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Posted In: NewsRetail SalesAutomobile ManufacturersConsumer Discretionary
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