General Motors Reports Q4 Total Deliveries Down 2.7% To 785,229 Vehicles

General Motors (GM) announced that it delivered 2,954,037 vehicles in 2018, including more than 1 million crossovers, almost 974,000 pickup trucks and more than 280,000 large SUVs.

GM's fourth-quarter deliveries totaled 785,229 units, down 2.7% y/y, and the company's share of the industry's retail sales grew every month from October through December. GM crossover deliveries totaled 1,034,808 in 2018, up 7 percent versus 2017. Total sales of all utility vehicles, including large SUVs, totaled 1,295,700, up 7 percent. The Chevrolet Tahoe and Suburban were up 5 percent and 7 percent, respectively, and the Cadillac Escalade ended the year with a retail segment share twice that of its closest domestic competitor.

"We are very bullish on pickups heading into 2019," the company said. GM estimates that the light vehicle SAAR in the fourth quarter was 17.7 million units. Light vehicle sales for the calendar year are estimated at 17.3 million units. GM's retail mix was 80 percent for the fourth quarter and 79 percent for the year. ATPs were a record $36,974 in the fourth quarter and a record $35,839 for the year, according to J.D. Power PIN estimates. 

 

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