Boston, MA 06/04/2014 (wallstreetpr) – This May was the best may for General Motors Company (NYSE:GM) in several years! The company reported, lately, that this May GM received its long-awaited gift in the form of the best monthly sales. This May, GM delivered 200,000+ vehicles in the U.S, which was 13% more than the last year making it company’s best may. Further, 10% extra sales were made to the individual buyers whereas the fleet sales were up by 21%. With all these statistics, the company expects to increase its total share market year by year. Such a hope, of course, is very legitimate after seeing such solid sales figure!
Statistics and Figures
The sales boosted in April and continued till May wherein all its four brands did well and contributed a lot in the growth of its economy. Further, this position was strengthened when 17 vehicle lines brought a double-digit retail sales. Chevrolet sales were 14% up followed by 26% increase in the car delivery section. Buick deliveries were up by 11% and an increase of 10% in the retail section. So overall, Buick also showed a significant sale performance. Further, at Cadillac, the sales of the CTS sedan went up by 39%. Also, Escalade deliveries spiked up by 30% with SRX sales increased by 27%. In all, Cadillac and GMC saw the best May retail and total sales since 2007.
This May most likely to be the company’s highest fleet volume month of 2014
General Motors Company (NYSE:GM) operates in 30 countries and is a global leader in the automotive market. With its exponential growth, the company has proved to be a major rival in this field. The company sells vehicles under the Chevrolet, Cadillac, Baojun, Buick, Jiefang, Opel, Vauxhall, GMC, Holden, and Wuling brands. This May will most probably represent the company’s highest fleet volume month of 2014. This May GM’s fleet deliveries broke all the expectations, and this was possible only because of the timing of the rental customer deliveries.
