General Motors Sales Dropped

Last month, Detroit auto manufacturer General Motorscampaign launched by the General Motors subsidiary
sold 326,320 vehicles. This is down by 24 percent aswhich pitted the Aura against the Toyota Camry and
compared to the number of vehicles the company hasthe Honda Accord. Aside from the Saturn Aura, the
sold for the same month last year. The decline in salethree new crossovers using the General Motors
is the effect of the company's decision to reduce theLambda platform are performing well in the market.
number of vehicles sold to rental fleets.The Saturn brake rotor-equipped Saturn Outlook, the
"Given the planned reduction in daily rental sales, weGMC Acadia and the Buick Enclave allowed General
expected June would be a tough comparison to aMotors to have a foothold in the growing crossover
year ago," said Mark LaNeve, the vice president ofSUV segment. Combined, more than 12,000 units of
General Motors North America Sales, Service andthe Outlook, Acadia, and the Enclave were already
Marketing. "Our retail performance for the month wassold. In the past, the crossover market is dominated by
also below the solid running rate we've experiencedAsian carmakers, but with the introduction of these
for the first half of the year which we attribute to athree crossovers, General Motors is succeeding in
soft industry and lower incentive spending than ourmaking a name for itself in the crowded class.
competitors. However, we continue to believe that"We're seeing increased residual values for our
maintaining a disciplined approach to both incentivesproducts as a result of staying aligned and disciplined
and daily rental car sales is key to making ourto our North American turnaround and market growth
marketing strategy work in the long run."plans," said LaNeve. "For customers, this means
Although sales for the carmaker is down, theproviding industry-leading products in terms of design,
company still has something to celebrate as newsegment fuel economy, warranty coverage and
vehicles are receiving positive responses from carperformance. This translates to a beneficial cost of
buyers and auto experts.ownership experience. With new products such as the
"We continue our focus on the retail side of theCadillac CTS and Chevrolet Malibu coming to dealer
equation and first-half results were solid," said LaNeve.showrooms later this year, we expect to build on this
"We are delighted with the continuing success of newcustomer enthusiasm."
products, especially the GMC Acadia, Saturn OutlookAside from the three new crossovers, other General
and Buick Enclave. As with many of our vehicles,Motors vehicles which have performed well in the
these all-new crossovers offer great fuel economy,market are the Chevrolet Silverado and the GMC
terrific performance and outstanding value. ForSierra. These two pickup trucks are marketed by
example, a year ago we were selling only about 3,000General Motors by pointing out that it leads its
mid-utility crossover vehicles. This June we blew therespective class in terms of fuel efficiency. Aside from
doors off the segment with deliveries in excess offuel efficiency, the two trucks are also offered with
15,000."the best warranty package in their class. The
The reigning North America Car of the Year, thecombination of which made the two light trucks a
Saturn Aura, posted an increase in sale. The increasedfavorite among auto buyers.
sale may be attributed to the aggressive marketing