General Motors Co - FORM 8-K - EX-99.1 - SALES RELEASE AND CHARTS - February 7, 2012

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8-K - FORM 8-K JANUARY SALES RELEASE AND CHARTS - General Motors Cojanuary2012sales.htm
Exhibit 99.1



     
1

For Release: Wednesday, Feb. 1, 2012, 10 a.m. EST                        

GM's U.S. Sales Down 6 percent in January
Chevrolet car sales up 13 percent on Strength of Cruze, Sonic
DETROIT - General Motors Co. (NYSE: GM) today reported total sales of 167,962 vehicles in the United States in January, down 6 percent compared with a very strong January 2011.

“Chevrolet drove our performance once again and sales of our fuel-efficient new cars were especially good,” and Don Johnson, vice president, U.S. Sales Operations. “The strength that the economy and the auto industry showed in the fourth quarter carried into January, so we believe the year is off to a good start.”

Chevrolet passenger car sales increased 13 percent. GM's total passenger car sales increased 3 percent in January, led by a 30 percent increase in sales of fuel-efficient small and compact cars, which include the new Chevrolet Sonic, the consistently strong-selling Chevrolet Cruze and the new Buick Verano.

In addition, the Buick LaCrosse, which now offers the 36-mpg highway eAssist powertrain as standard equipment, posted a 6 percent year-over-year increase, and the Chevrolet Camaro was up 20 percent.

GM's crossover sales decreased 18 percent and sales of trucks, which include full-size pickups, vans and SUVs, decreased 6 percent.

Retail deliveries declined 15 percent compared with the same month a year ago and accounted for 70 percent of GM sales.


Highlights
Jan. 2012 Total Sales
Total Change vs. Jan. 2011
Jan. 2012 Retail Sales vs. Jan. 2011
Jan. 2012 Retail Sales Change vs. Jan. 2011
Chevrolet
123,864

(1.2%)
78,189

(14.7%)
GMC
24,966

(9.7%)
21,649

(13.7%)
Buick
10,208

(23.1%)
9,521

(18.5%)
Cadillac
8,924

(29.1%)
8,373

(22.0%)
Total GM
167,962

(6.1%)
117,732

(15.4%)

“In 2012, we will strengthen our position with more new products, an even better dealership experience





and reinforce the disciplined 'go to market' strategy that helped us grow profitably in the United States in 2011,” said Johnson.

GM has an aggressive new product plan for 2012: Production of the new 2013 Buick Verano is ramping up. In January, the company began production of the 37-mpg 2013 Chevrolet Malibu Eco, with four-cylinder and turbo powertrains launching in the summer, about the same time the new 2013 Chevrolet Spark arrives in showrooms.
  
In late spring, Cadillac will launch its new XTS large sedan and in late summer, its new ATS luxury sports sedan. Late in 2012, Buick will launch the new Encore crossover, which made its debut at the North American International Auto Show.

At the Chicago Auto Show, GMC will introduce a new Acadia, which will go into production in late 2012. Other new products will be announced at major U.S. auto shows and other events throughout the year.


Inventory
Units @
Dec. 31, 2011
Days Supply (selling days adjusted)
Units @
Jan. 31, 2012
Days Supply (selling days adjusted)
All Vehicles
583,407
67
619,455
89
Full-size Pickups
181,070
73
188,568
119

Industry Sales
Dec. 2011 SAAR
Jan. 2012 SAAR (est.)
Full Year 2012
(est.)
Light Vehicles
13.5 million
13.5 million
13.5 million - 14.0 million


General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM's brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.


CONTACT:
Jim Cain
313-407-2843
james.cain@gm.com


Forward-Looking Statements
In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.



 
January  
(Calendar Year-to-Date)
 
 
 
 
 
 
January -  January  
 
 
2012

2011

%Change Volume

 
2012

2011

%Change Volume

 
Enclave
3,124

4,347

(28.1
)
 
3,124

4,347

(28.1
)
 
LaCrosse
4,013

3,771

6.4

 
4,013

3,771

6.4

 
Lucerne
421

2,816

(85.0
)
 
421

2,816

(85.0
)
 
Regal
1,855

2,335

(20.6
)
 
1,855

2,335

(20.6
)
 
Verano
795

—

***.*

 
795

—

***.*

 
Buick Total
10,208

13,269

(23.1
)
 
10,208

13,269

(23.1
)
 
CTS
3,019

4,362

(30.8
)
 
3,019

4,362

(30.8
)
 
DTS
89

1,365

(93.5
)
 
89

1,365

(93.5
)
 
Escalade
985

1,514

(34.9
)
 
985

1,514

(34.9
)
 
Escalade ESV
531

592

(10.3
)
 
531

592

(10.3
)
 
Escalade EXT
108

153

(29.4
)
 
108

153

(29.4
)
 
SRX
4,166

4,236

(1.7
)
 
4,166

4,236

(1.7
)
 
STS
26

359

(92.8
)
 
26

359

(92.8
)
 
XLR
—

(1
)
***.*

 
—

(1
)
***.*

 
Cadillac Total
8,924

12,580

(29.1
)
 
8,924

12,580

(29.1
)
 
Avalanche
1,617

1,397

15.7

 
1,617

1,397

15.7

 
Aveo
16

2,739

(99.4
)
 
16

2,739

(99.4
)
 
Camaro
5,709

4,763

19.9

 
5,709

4,763

19.9

 
Caprice
92

—

***.*

 
92

—

***.*

 
Captiva Sport
2,261

—

***.*

 
2,261

—

***.*

 
Cobalt
1

406

(99.8
)
 
1

406

(99.8
)
 
Colorado
2,872

2,204

30.3

 
2,872

2,204

30.3

 
Corvette
629

721

(12.8
)
 
629

721

(12.8
)
 
Cruze
15,049

13,631

10.4

 
15,049

13,631

10.4

 
Equinox
13,662

12,847

6.3

 
13,662

12,847

6.3

 
Express
4,532

5,273

(14.1
)
 
4,532

5,273

(14.1
)
 
HHR
4

7,387

***.*

 
4

7,387

***.*

 
Impala
16,009

15,188

5.4

 
16,009

15,188

5.4

 
Kodiak 4/5 Series
***.*

***.*

***.*

 
***.*

***.*

***.*

 
Malibu
14,676

14,102

4.1

 
14,676

14,102

4.1

 
Silverado-C/K Pickup
26,850

28,172

(4.7
)
 
26,850

28,172

(4.7
)
 
Sonic
5,712

—

***.*

 
5,712

—

***.*

 
Suburban (Chevy)
2,935

2,343

25.3

 
2,935

2,343

25.3

 
Tahoe
3,995

5,281

(24.4
)
 
3,995

5,281

(24.4
)
 
TrailBlazer
—

9

***.*

 
—

9

***.*

 
Traverse
6,640

8,605

(22.8
)
 
6,640

8,605

(22.8
)
 
Volt
603

321

87.9

 
603

321

87.9

 
Chevrolet Total
123,864

125,389

(1.2
)
 
123,864

125,389

(1.2
)
 
Acadia
4,870

5,723

(14.9
)
 
4,870

5,723

(14.9
)
 
Canyon
1,059

694

52.6

 
1,059

694

52.6

 
Envoy
—

1

***.*

 
—

1

***.*

 
Savana
838

718

16.7

 
838

718

16.7

 
Sierra
9,517

10,627

(10.4
)
 
9,517

10,627

(10.4
)
 
Terrain
5,649

6,369

(11.3
)
 
5,649

6,369

(11.3
)
 
Topkick 4/5 Series
***.*

***.*

***.*

 
***.*

***.*

***.*

 
Topkick 6/7/8 Series
***.*

***.*

***.*

 
***.*

***.*

***.*

 
Yukon
2,022

2,076

(2.6
)
 
2,022

2,076

(2.6
)
 
Yukon XL
1,011

1,450

(30.3
)
 
1,011

1,450

(30.3
)
 
GMC Total
24,966

27,658

(9.7
)
 
24,966

27,658

(9.7
)
 
GM Vehicle Total
167,962

178,896

(6.1
)
 
167,962

178,896

(6.1
)
 
 * 24 selling days for the January  period this year and 24 for last year.
 
 


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