Why Can't GM Sell Cars? - Torque News
GM is proud to announce that the company picked up a percentage point of market share in the U. S. retail market in August. Truck and crossover sales are robust at GM. Sierra and Silverado are up about 9% this month, capping a solid 16-month run of gains. Crossovers are way up. The other side of the story is that GM’s car sales are absolutely horrible. Cadillac, in particular, does not have a single car model selling well right now. The ATS and CTS sports sedans that every automotive reviewer drools over and writes love letters about (this writer included) are down dramatically. CTS is down by fully one-third compared to last August. Acura sold twice as many mid-size TLX sports sedans in August as it did last August (4,353). Infinity's Q50 was up by 45% (3,839). Caddy’s big XTS was down by half compared to last August. Verano was down by half, Regal down by 23%, Lacrosse, up 1. 2%. It is not just premium and luxury GM cars that are selling poorly. GM’s compact Cruze is down 37%, four times the decline the Nissan Sentra has seen. Volt, Cruze, and Malibu are all due to be refreshed in 2016. GM has a long road ahead in convincing potential buyers that it can make more than just great trucks. Source: www.torquenews.com
