DELAWARE (State or other jurisdiction of incorporation) | 001-34960 (Commission File Number) | 27-0756180 (I.R.S. Employer Identification No.) | |
300 Renaissance Center, Detroit, Michigan (Address of Principal Executive Offices) | 48265-3000 (Zip Code) |
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17-CFR 240.14a-12) | |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Exhibit | Description | Method of Filing |
Exhibit 99.1 | Sales Release and Charts Dated May 1, 2013 | Attached as Exhibit |
GENERAL MOTORS COMPANY (Registrant) | ||
/s/ THOMAS S. TIMKO | ||
Date: May 3, 2013 | By: | Thomas S. Timko Vice President, Controller and Chief Accounting Officer |
• | All four GM brands posted higher total and retail sales. |
• | Crossovers were up 13 percent; trucks, which include pickups, vans and SUVs, were up 17 percent; and car sales were up 6 percent. |
• | Large pickups were up 23 percent. |
• | Strong sales of the all-new Chevrolet Spark and double-digit sales increases for the Buick Verano, the Chevrolet Sonic and the Chevrolet Cruze drove a 31 percent increase in sales of GM mini, small and compact cars. |
• | The new Chevrolet Malibu achieved its best sales and retail segment share since launch. |
April Highlights | Total Sales | YOY Change | Retail Sales | YOY Change |
Chevrolet | 172,460 | 10.9% | 115,173 | 9.0% |
GMC | 34,799 | 6.7% | 29,720 | 8.0% |
Buick | 17,157 | 11.1% | 14,928 | 10.3% |
Cadillac | 13,230 | 34.3% | 11,863 | 24.5% |
Total GM | 237,646 | 11.4% | 171,684 | 9.9% |
• | Cadillac was the industry's fastest-growing volume brand in the first quarter, and April's results bring the brand's year-to-date sales increase to 37 percent. |
• | Through April, Buick total sales are up 23 percent. Retail sales are up 19 percent and have increased for 12 consecutive months year over year. |
• | Sales to small business customers totaled 57,030 units, which is up 32 percent. |
• | Chevrolet had its best-ever year-to-date crossover sales, driven by a 14 percent increase for Equinox and an 18 percent increase for the redesigned Traverse. |
• | GM's large pickup sales are up 21 percent and GM's estimated retail segment share is up more than 1 percentage point and its total share is up almost a point. |
• | GM's fleet mix is 26 percent. |
CYTD Highlights | Total Sales | YOY Change | Retail Sales | YOY Change |
Chevrolet | 642,164 | 6.4% | 435,094 | 6.9% |
GMC | 139,726 | 12.2% | 121,060 | 13.1% |
Buick | 64,777 | 22.7% | 58,216 | 19.0% |
Cadillac | 55,942 | 37.1% | 49,887 | 26.7% |
Total GM | 902,609 | 9.8% | 664,257 | 10.3% |
Inventory | Units @ April 30 | Days Supply (selling day adjusted) | Units @ March 31 | Days Supply (selling day adjusted) |
All Vehicles | 720,699 | 76 | 743,786 | 82 |
Full-size Pickups | 228,524 | 103 | 239,718 | 117 |
Industry Sales | April SAAR (est.) | Calendar Year (est.) | GM Full Year Forecast |
Light Vehicles | 15.0 million range | 15.2 million | 15.0 - 15.5 million range |
April | (Calendar Year-to-Date) April - April | |||||||||||||
2013 | 2012 | %Change Volume | 2013 | 2012 | %Change Volume | |||||||||
Enclave | 4,797 | 5,000 | (4.1 | ) | 20,609 | 15,950 | 29.2 | |||||||
Encore | 2,916 | — | ***.* | 7,869 | — | ***.* | ||||||||
LaCrosse | 4,307 | 4,545 | (5.2 | ) | 15,679 | 18,023 | (13.0 | ) | ||||||
Lucerne | — | 60 | ***.* | 4 | 888 | (99.5 | ) | |||||||
Regal | 1,746 | 2,852 | (38.8 | ) | 5,830 | 9,952 | (41.4 | ) | ||||||
Verano | 3,391 | 2,989 | 13.4 | 14,786 | 7,969 | 85.5 | ||||||||
Buick Total | 17,157 | 15,446 | 11.1 | 64,777 | 52,782 | 22.7 | ||||||||
ATS | 2,725 | — | ***.* | 12,475 | — | ***.* | ||||||||
CTS | 2,398 | 4,202 | (42.9 | ) | 10,260 | 16,276 | (37.0 | ) | ||||||
DTS | — | 39 | ***.* | 3 | 275 | (98.9 | ) | |||||||
Escalade | 919 | 908 | 1.2 | 3,609 | 3,914 | (7.8 | ) | |||||||
Escalade ESV | 619 | 543 | 14.0 | 2,465 | 2,420 | 1.9 | ||||||||
Escalade EXT | 199 | 141 | 41.1 | 773 | 535 | 44.5 | ||||||||
SRX | 3,478 | 3,998 | (13.0 | ) | 16,334 | 17,290 | (5.5 | ) | ||||||
STS | 1 | 20 | (95.0 | ) | 2 | 107 | (98.1 | ) | ||||||
XTS | 2,891 | — | ***.* | 10,021 | — | ***.* | ||||||||
Cadillac Total | 13,230 | 9,851 | 34.3 | 55,942 | 40,817 | 37.1 | ||||||||
Avalanche | 1,927 | 1,676 | 15.0 | 8,186 | 7,170 | 14.2 | ||||||||
Aveo | 1 | 6 | (83.3 | ) | 1 | 48 | (97.9 | ) | ||||||
Camaro | 7,949 | 9,627 | (17.4 | ) | 27,147 | 31,551 | (14.0 | ) | ||||||
Caprice | 233 | 174 | 33.9 | 912 | 542 | 68.3 | ||||||||
Captiva Sport | 4,315 | 3,493 | 23.5 | 16,694 | 10,713 | 55.8 | ||||||||
Cobalt | — | 1 | ***.* | — | 4 | ***.* | ||||||||
Colorado | 425 | 3,499 | (87.9 | ) | 2,635 | 13,555 | (80.6 | ) | ||||||
Corvette | 974 | 1,396 | (30.2 | ) | 3,915 | 4,328 | (9.5 | ) | ||||||
Cruze | 22,032 | 18,205 | 21.0 | 77,763 | 75,288 | 3.3 | ||||||||
Equinox | 20,965 | 18,282 | 14.7 | 79,834 | 69,859 | 14.3 | ||||||||
Express | 7,850 | 6,599 | 19.0 | 23,381 | 22,266 | 5.0 | ||||||||
HHR | — | — | ***.* | 2 | 9 | (77.8 | ) | |||||||
Impala | 10,943 | 14,965 | (26.9 | ) | 55,286 | 65,342 | (15.4 | ) | ||||||
Malibu | 21,734 | 21,906 | (0.8 | ) | 70,913 | 80,456 | (11.9 | ) | ||||||
Silverado-C/K Pickup | 39,395 | 30,749 | 28.1 | 156,044 | 126,387 | 23.5 | ||||||||
Sonic | 8,151 | 6,387 | 27.6 | 28,260 | 28,250 | — | ||||||||
Spark | 3,121 | — | ***.* | 11,903 | — | ***.* | ||||||||
Suburban (Chevy) | 3,682 | 3,463 | 6.3 | 13,097 | 13,355 | (1.9 | ) | |||||||
Tahoe | 9,052 | 5,845 | 54.9 | 25,824 | 19,678 | 31.2 | ||||||||
Traverse | 8,405 | 7,752 | 8.4 | 34,817 | 29,443 | 18.3 | ||||||||
Volt | 1,306 | 1,462 | (10.7 | ) | 5,550 | 5,377 | 3.2 | |||||||
Chevrolet Total | 172,460 | 155,487 | 10.9 | 642,164 | 603,621 | 6.4 | ||||||||
Acadia | 6,681 | 6,087 | 9.8 | 28,503 | 23,236 | 22.7 | ||||||||
Canyon | 88 | 787 | (88.8 | ) | 724 | 3,851 | (81.2 | ) | ||||||
Savana | 1,529 | 2,342 | (34.7 | ) | 4,414 | 7,380 | (40.2 | ) | ||||||
Sierra | 14,208 | 12,598 | 12.8 | 55,004 | 47,270 | 16.4 | ||||||||
Terrain | 7,964 | 7,839 | 1.6 | 34,770 | 30,035 | 15.8 | ||||||||
Yukon | 1,577 | 1,762 | (10.5 | ) | 8,494 | 7,879 | 7.8 | |||||||
Yukon XL | 2,752 | 1,188 | 131.6 | 7,817 | 4,836 | 61.6 | ||||||||
GMC Total | 34,799 | 32,603 | 6.7 | 139,726 | 124,487 | 12.2 | ||||||||
GM Vehicle Total | 237,646 | 213,387 | 11.4 | 902,609 | 821,707 | 9.8 | ||||||||
25 selling days for the April period this year and 24 for last year. |
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