GM Sales Surge 25 Percent in July

Whereas last year American manufacturer GM was fighting for its life, this July is cause for celebration in Detroit, after the sales results for July came in. GM sold last month 199,432 units, representing an increase of 25 percent compared to the same month a year ago.

This is the tenth consecutive month GM is registering increased sales. A year ago, July was the month when the Clash for Clunkers program began in the US, bringing the much needed revival to the automotive industry.

“When we say we want to design, build and sell the world’s best vehicles, we’re not talking about just one vehicle, one brand, or one month,” Don Johnson, vice president for US Sales Operations said in a statement. “Our July results again reflect that each of our brands has contributed significantly to our gains."

Each of GM's surviving brand chipped in for the greater good. Buick sold 16,799 vehicles, representing a staggering increase of 137 percent, while Cadillac grew even more, 142 percent to 14,919 units. GMC and Chevrolet posted the smallest increase of them all, 27 and 12 percent respectively.

From the beginning of the year, GM sold 1,269,009 units in the US, representing an increase of 31 percent compared to the same period of 2009. At the end of the month, dealer inventory in the US was 424,000 units, 43,000 lower than July 2009.

“The size and scope of the US market demands a strong portfolio of well-targeted brands,” Johnson added. “The success of Chevrolet, Buick, GMC, and Cadillac month in and month out, indicates that the new GM’s brand strategy is sound.”