GM delivers best Q3 sales since 1980, 2.4M vehicles sold

[Haltech]

Filed under: China, Buick, Cadillac, Chevrolet, GM, GMC, Earnings/Financials



People are a weird sort. Even after registering over 70 recalls through the first three-quarters of 2014, General Motors saw its best Q3 results since Jimmy Carter was in the White House, registering over 2.4 million global sales between June and September on the back of strong results in the US and China.

US sales were marshaled by good results for GM's pickups, the Chevrolet Silverado and GMC Sierra, which bumped the manufacturer's truck market share to 35.6 percent, up nearly three points from Q1 2014. Buick has seen healthy growth as well, with the Encore dominating its segment for the sixth month running.

It was China, though, that really bolstered GM's sales, as the company's efforts to top last year's record-setting 3.16 million units continued apace. Small SUV sales saw massive growth, with Encore, Chevrolet Trax and Captiva figures jumping 90 percent in Q3. Brand-wise, Chevrolet, Cadillac and Buick all saw sales gains in the PRC, with each recording double-digit year-over-year jumps. Cadillac sales alone were up 63 percent compared to the first nine months of 2013.

Even Europe delivered a bit of good news, with GM's twins, Opel and Vauxhall, recording market share increases in 11 countries. Overall, this isn't a bad result for the General.

Scroll down for a press release on the good news.Continue reading GM delivers best Q3 sales since 1980, 2.4M vehicles sold

GM delivers best Q3 sales since 1980, 2.4M vehicles sold originally appeared on Autoblog on Wed, 15 Oct 2014 13:33:00 EST. Please see our terms for use of feeds.



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