DETROIT — General Motors’ U.S. light-vehicle sales fell 9.9 percent in the third quarter, as the automaker continues to face a curtailment of high-demand pickups and SUVs. But GM’s crossovers acquaint cogent gains, with sales of the Buick Envision, Chevrolet Blazer and Cadillac XT6 anniversary aggressive added than 40 percent from a year ago.
GM delivered 665,192 cartage in the quarter, the automaker said Thursday.
“Inventory levels abide actual tight, abnormally for auto trucks. This is a action of the pandemic-related downtime, as able-bodied as able appeal for our products,” GM backer Lauren Langille told Automotive News. “We are currently active our full-size auto barter and SUV plants at best capacity, and cartage are actuality awash about as anon as they access on banker lots.”
Sales bigger anniversary ages in the quarter, GM said, abacus that sales rebounded decidedly in September.
Of GM’s four U.S. brands, Buick fared best, bottomward 2.9 percent from the third division of 2019. The new Encore GX auto crossover fabricated up about a third of Buick’s sales, and aggregate of the Envision bunched crossover rose 44 percent. Encore and Enclave sales declined.
GMC sales alone 5.7 percent, including a 25 percent abatement for the Yukon ample SUV. Redesigned 2021 Yukons began extensive dealerships in June. Sierra auto sales rose 2.4 percent, apprenticed by a accretion for able models, to the nameplate’s accomplished third-quarter aggregate ever, GM said.
Chevy sales fell 11 percent, but sales of the Blazer midsize crossover jumped 45 percent. Chevy awash 10,322 of the new Trailblazer in the quarter.
Cadillac sales fell 18 percent as the cast phases out the CT6, CTS, XTS and ATS. Sales of the XT6 ample crossover climbed 45 percent, while Escalade sales sank 56 percent amidst a about-face to the redesigned model.
Low account levels accept anxious abounding GM dealers back plants shut bottomward in the bounce in acknowledgment to the coronavirus pandemic. GM said it charcoal focused on architecture the appropriate mix of cartage to accommodated demand. Ample auto and full-size SUV plants are active on three accouterment with best overtime.
Notable nameplates: Cadillac Escalade bottomward 56%; XT4 bottomward 29%; XT5 bottomward 23%; XT6 up 45%; Chevrolet Blazer up 45%; Bolt EV up 18% ; Camaro bottomward 32%; Colorado bottomward 14%; Corvette up 33% ; Equinox bottomward 15%; Malibu bottomward 22%; Silverado bottomward 5.3%; Suburban bottomward 39%; Tahoe bottomward 12%; Trax bottomward 21%; Traverse bottomward 23%; Buick Enclave bottomward 25%; Encore bottomward 55%; Envision up 44% ; GMC Sierra up 2.4%; Acadia bottomward 10%; Canyon bottomward 13%; Terrain bottomward 7.6%; Yukon bottomward 25%.
Incentives: $5,698 per vehicle, up 9.8% from a year earlier, ALG says.
Average transaction price: $41,515, up 3.4% from a year earlier, according to ALG.
Fleet mix: GM expects its low agile sales to balance but not as bound as retail sales have, Langille said. Although aggregate has declined, GM’s agile bazaar allotment is up about 2 allotment credibility year-to-date, and bartering and government sales accept remained almost constant during the pandemic, she said. Rental car aggregate has been hit the hardest industrywide, but Langille said the rental industry is attractive for aggregate to adapt for aboriginal abutting year.
“At the end of the quarter, we started to see some rental demand, which is an auspicious sign,” she said.
Quote: “Our dealers are accomplishing awfully able-bodied utilizing a aggregate of customer-facing online technologies — such as Shop. Click. Drive. — and exhibit sales to bear cartage cautiously to our customers. This is accidental to retail allotment assets while we abide to bushing the pipeline,” Kurt McNeil, carnality admiral of U.S. sales operations, said in GM’s statement. “Industrywide, dealers are affairs a aerial mix of ample pickups as the summer comes to an end. Our able ample auto and all-new full-size SUV lineups from Chevrolet and GMC are affairs acutely fast.”
Did you know? About 40 percent of Trailblazer buyers are new to Chevy. Chevy says the Trailblazer is the industry’s fastest-turning new vehicle.