Author Topic: GM Still Losing Market Share, Nissan Sales Down As Well  (Read 2257 times)

Offline Trainman

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GM Still Losing Market Share, Nissan Sales Down As Well
« on: June 01, 2006, 08:08:59 pm »
From CBC News  http://www.cbc.ca/story/business/national/2006/06/01/autosales-thurs.html

GM still in the slow lane as other carmakers zoom by

Last Updated Thu, 01 Jun 2006 18:17:07 EDT
CBC News

General Motors of Canada continued to lose market share in May as price-conscious consumers shied away from the company's thirsty SUVs and vans.
   
GM said Thursday its sales declined 2.9 per cent from the same period the year before, to 44,361 vehicles. This at a time when total industry sales for the month rose by 6.8 per cent to 168,197.

The impact of rising energy prices was clear. Sales of passenger cars rose nine per cent year-over-year, while deliveries of thirstier minivans, sport-utility vehicles and pickup trucks grew by only 3.9 per cent.

But the sales trends were not easy to discern. There was considerable movement between the manufacturers and vehicle types.

Chrysler sales rose 21.4 per cent to 24,430, as sales of its passenger cars surged 36 per cent while truck sales rose by 18 per cent. (It didn't do nearly so well in the U.S. market, mind you, where it saw sales decline.)

Meanwhile, Toyota's Canadian numbers surpassed year-ago sales by 20.1 per cent to 23,530, ahead of Ford, which gained 8.4 per cent to 23,044, and Honda, up 20.6 per cent to 13,676.

General Motors slipped badly, but it remained by far the biggest seller in Canada, with nearly twice the volume of its nearest competitor, Chrysler.

Marc Comeau, GM Canada's vice-president of sales, remained optimistic, saying the company is slowly winning back its place in the market. "The key is our new vehicles are taking hold," Comeau stressed.

He noted that Pontiac, with a relatively new model lineup, led GM divisions with an 8.4 per cent sales gain.

DaimlerChrysler Canada said it sold 2,863 units of its new Dodge Caliber small car, more than double the year-ago sales of the SX 2.0 the Caliber replaced. Dodge also moved 514 of its Charger muscle cars, up from 178.

On the truck side, sasles of the Dodge Caravan minivan grew 33.6 per cent to 7,320, while the Jeep brand gained almost 27 per cent.

At Ford, car sales were up 21 per cent, while F-150 pickups showed their strongest May since 2000 and SUV sales gained nine per cent.

Among other makers, Nissan suffered a 23.7 per cent sales setback to 4,568, part of a worldwide decline attributed to a stale model lineup. Mazda slipped 3.9 per cent to 8,588, while Subaru gained 16.5 per cent to 1,708.

Germany's Volkswagen advanced 11.7 per cent to 3,092, while BMW gained 12.1 per cent to 2,120 and Mercedes-Benz was up 13.4 per cent at 1,333.

South Korea's Hyundai slipped 4.8 per cent to 6,804, but Hyundai subsidiary Kia perked up 14.4 per cent to 3,093 vehicles.
« Last Edit: June 01, 2006, 08:12:15 pm by Trainman »
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Offline echo7

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Re: GM Still Losing Market Share, Nissan Sales Down As Well
« Reply #1 on: October 19, 2006, 12:35:19 pm »
the pontiac division is the top selling GM product.... why? beacuse it has a toyota.... VIBE...

Offline RunsinLight

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Re: GM Still Losing Market Share, Nissan Sales Down As Well
« Reply #2 on: October 19, 2006, 12:40:16 pm »
You mean the one no Pontiac person wants to buy? lol

Offline sirAQUAMAN64

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Re: GM Still Losing Market Share, Nissan Sales Down As Well
« Reply #3 on: October 19, 2006, 12:41:27 pm »
the pontiac division is the top selling GM product.... why? beacuse it has a toyota.... VIBE...

Sales GAIN is the key in the article, not sales volume.
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Offline Arthur Dent

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Re: GM Still Losing Market Share, Nissan Sales Down As Well
« Reply #4 on: October 19, 2006, 12:46:28 pm »
Nissan's line up is a little old design wise but sales should pick up with Versa, new Sentra, etc.

Chrysler has a pretty fresh line up and good sales gains.

Offline RunsinLight

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Re: GM Still Losing Market Share, Nissan Sales Down As Well
« Reply #5 on: October 19, 2006, 12:47:07 pm »
From CBC News  http://www.cbc.ca/story/business/national/2006/06/01/autosales-thurs.html
General Motors slipped badly, but it remained by far the biggest seller in Canada, with nearly twice the volume of its nearest competitor, Chrysler.

So Canadians are still buying GM while Americans are switching? Is that what this means

Offline Snowman

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Re: GM Still Losing Market Share, Nissan Sales Down As Well
« Reply #6 on: October 19, 2006, 12:53:21 pm »
I was worried that Nissan’s aging line-up would start to impact sales. The latest refreshing has not inspired sales IMHO.

Offline sirAQUAMAN64

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Re: GM Still Losing Market Share, Nissan Sales Down As Well
« Reply #7 on: October 19, 2006, 01:03:25 pm »
Note this is an old thread and article from June.

Offline MKII

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Re: GM Still Losing Market Share, Nissan Sales Down As Well
« Reply #8 on: October 19, 2006, 01:04:03 pm »
Nissan's line up is a little old design wise but sales should pick up with Versa, new Sentra, etc.

Chrysler has a pretty fresh line up and good sales gains.


Chrysler CEO Tom LaSorda and Joe Eberhardt, Chrysler's head of sales and marketing, appealed to about 500 dealers Monday to continue ordering vehicles to help the company through a rough patch, according to dealers who attended the meeting. Essentially, Chrysler needs to move about 50,000 of its 2006-model vehicles sitting on storage lots around Detroit so it can start selling 2007 models.

Some dealers who asked not to be identified say they're still saddled with 2006-model cars and trucks and do not intend to order more vehicles.

Chrysler's vehicle inventory stood at 533,220 vehicles at the end of September. To help reduce the stockpiles, Chrysler last week began providing dealers with up to $1,500 per 2006 model vehicle. Under the so-called "Red Dot" program, dealers can offer some or all of the money to customers to close a sale.

While Chrysler wants to clear stock so it can book the revenues, dealers are wary of ordering vehicles they may not be able to sell. The longer a car sits on a sales lot the more interest dealers pay. Plus, dealers are wary of ordering more 2006 models with 2007 models on the way.

The excess inventory could pose a problem for Chrysler, which is expected to announce a $1.5 billion third-quarter loss on Oct. 25.

http://www.detnews.com/apps/pbcs.dll/article?AID=/20061017/AUTO01/610170410&SearchID=73260346846474

Offline Bullet Blue

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Re: GM Still Losing Market Share, Nissan Sales Down As Well
« Reply #9 on: December 14, 2006, 10:05:03 pm »

Offline Snowman

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Re: GM Still Losing Market Share, Nissan Sales Down As Well
« Reply #10 on: December 15, 2006, 07:08:17 am »
Wow, I did not think the Solstice would have this kind of success in such a short period of time. If the MX-5 is not losing sales what has sparked buying into the RWD roadster market?

Offline tpl

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Re: GM Still Losing Market Share, Nissan Sales Down As Well
« Reply #11 on: December 15, 2006, 07:58:00 am »
Here in the centre of the universe I have only seen 2 solstii... they are not exactly thick on the ground.

I have not seen any in the bellwether chinese mall parking lot that I frequent for lunch
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