GM Says Recently Dethroned Chevrolet Silverado Poised for a Comeback

Matt Posky
by Matt Posky

Everybody who obsesses over automobiles knows that the redesigned Chevrolet Silverado is a hideous monstrosity with a disgustingly small four-cylinder engine as its base powerplant. At least that’s the gist among automotive journalists. While yours truly doesn’t understand how anyone could claim that GMC’s new Sierra boasts the more-attractive mug, both ended up with mildly disappointing interiors and a ride that’s not quite on par with their domestic rivals — especially the Silverado.

Shade has been thrown and the public has responded by buying fewer full-size trucks from Chevy, forcing it to give up its second place sales ranking to Ram. However, General Motors seems to think the issue has been overblown and only represents a temporary setback.

“Given our limited availability, we deliberately launched with a really high mix in trims,” GM President of the Americas, Barry Engle, told Automotive News earlier this month. “But as we get broader availability and get the full portfolio out there, we’ll be just fine.”

That translates into increasing annual capacity of heavy-duty models by 40,000 and the 1500 by 20,000. In fact, the automaker recently announced it would be investing $150 million into Flint Assembly for just that reason.

However, General Motors doesn’t actually need those pickups to take its number two sales slot back from Ram because it technically never lost it. Assuming you take the Sierra into account, the General is still holding onto its silver medal. But Fiat Chrysler’s truck division is still out for blood. Average incentive spending for the Silverado and Sierra have been about $500 less than Ram throughout 2019 but $1,500 more than the Ford’s F series, which remains America’s best-selling pickup.

From Automotive News:

Ram has beaten the Silverado in nine of the past 10 months, according to U.S. sales estimates from the Automotive News Data Center that have been validated by GM’s quarterly reports. The Ram has outsold the Silverado by 36,619 since the latest Silverado 1500 hit dealerships in August and holds a lead of nearly 22,000 five months into 2019.

Including the GMC Sierra 1500, which was also redesigned at the same time, GM’s full-size pickup share was down 3 percentage points in the first five months of 2019 compared with the same period a year earlier.

With the Sierra, GM remains in second place in the full-size segment, behind Ford Motor Co.

But GM executives insist the shake-up in a closely watched battle with major image and profit implications isn’t a sign of trouble. They say the trucks’ launch is going as planned and that GM is focused on profits, not market share.

“We’ve got a plan,” Engle said. “We’re in this for the long haul.”

That certainly sounds like low-grade chicanery but Engle noted that GM also hasn’t been selling its redesigned pickups to fleet customers in significant volumes and has only just started rolling out HD and lower-priced models. While the wording makes us wonder if the automaker just wants to downplay this whole thing, it also makes a decent counterargument. Ram may not have the mojo to beat GM or even Chevrolet on a longer timeline, especially not if people keep buying pickups with High Country and Denali at the end of their names.

[Image: General Motors]

Matt Posky
Matt Posky

A staunch consumer advocate tracking industry trends and regulation. Before joining TTAC, Matt spent a decade working for marketing and research firms based in NYC. Clients included several of the world’s largest automakers, global tire brands, and aftermarket part suppliers. Dissatisfied with the corporate world and resentful of having to wear suits everyday, he pivoted to writing about cars. Since then, that man has become an ardent supporter of the right-to-repair movement, been interviewed on the auto industry by national radio broadcasts, driven more rental cars than anyone ever should, participated in amateur rallying events, and received the requisite minimum training as sanctioned by the SCCA. Handy with a wrench, Matt grew up surrounded by Detroit auto workers and managed to get a pizza delivery job before he was legally eligible. He later found himself driving box trucks through Manhattan, guaranteeing future sympathy for actual truckers. He continues to conduct research pertaining to the automotive sector as an independent contractor and has since moved back to his native Michigan, closer to where the cars are born. A contrarian, Matt claims to prefer understeer — stating that front and all-wheel drive vehicles cater best to his driving style.

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  • Oldschool Oldschool on Jun 18, 2019

    I think GM and Chevy executives are drinking some bomb ass kool aid or something of a strong denial drank because the Silverado has the worst looking interior out of the Ram and F150. It’s like Chevy doesn’t care to out do itself not blow away its competition. I’m not really a GM fan persay, I do love their old stuff from the 40’s-60’s when they truly were an innovative company and built quality vehicles, but in the last 30 years, GM continues to build “just good enough vehicles” while it’s competition surpasses them with each new generation. The only platform that they built that was actually really good was it’s Epsilon II platform which consists of the current gen XTS, Impala and Lacrosse. As a current owner of a 17 Impala it has been a great car so far. No issue or anything negative to report. But I believe it’s still the best looking and driving sedan Chevy has made in decades and that’s why I bought it. The Malibu is crap, with a cheap interior and a stiff ride, and that stupid auto stop start feature sucks since you can’t turn it off. The Cruze is also garbage, my GF has 2012 Cruze and the head gasket blew at a 120,000 miles, it has all kinds of cooling issues with the engine. And coolant continues to disappear even after the head gasket was replaced and other components. I had a Colorado as a work truck from my previous job, also another cheap quality crappy truck with that puny 4 banger that struggles to go up hills. Hard plastic interior, that creaks and easily gets scuffed up. Hopefully GM realizes it’s half ass attempts at everything it does and gets trashed in sales. Only focusing on SUV’s and Trucks just like Ford is a really risky business decision that I personally feel will hurt the company in the long run. I can see why they pulled out of the sedan market, there cars are simply not competitive. Sure they’re a lot better compared to what they were making in the 90’s- early 2000’s, but the competition is building better cars especially the Koreans which honestly are making better looking cars that are very attractive and stylish while GM is designing these cookie cutter cartoon looking cars and horrifying trucks. Even as a die hard Cadillac fan, I am extremely frustrated and disappointed with what Cadillac is currently doing. It’s all bad.

  • Jeff S Jeff S on Jun 19, 2019

    The one thing GM got right was the new Impala and the Lacrosse but one is being discontinued and the other is already discontinued. Both cars are excellent. The Chevy Colorado is a decent truck even with all the plastic in the interior. This new Silverado is a huge disappointment for such an important product to GM's bottom line.

  • Theflyersfan With sedans, especially, I wonder how many of those sales are to rental fleets. With the exception of the Civic and Accord, there are still rows of sedans mixed in with the RAV4s at every airport rental lot. I doubt the breakdown in sales is publicly published, so who knows... GM isn't out of the sedan business - Cadillac exists and I can't believe I'm typing this but they are actually decent - and I think they are making a huge mistake, especially if there's an extended oil price hike (cough...Iran...cough) and people want smaller and hybrids. But if one is only tied to the quarterly shareholder reports and not trends and the big picture, bad decisions like this get made.
  • Wjtinfwb Not proud of what Stellantis is rolling out?
  • Wjtinfwb Absolutely. But not incredibly high-tech, AWD, mega performance sedans with amazing styling and outrageous price tags. GM needs a new Impala and LeSabre. 6 passenger, comfortable, conservative, dead nuts reliable and inexpensive enough for a family guy making 70k a year or less to be able to afford. Ford should bring back the Fusion, modernized, maybe a bit bigger and give us that Hybrid option again. An updated Taurus, harkening back to the Gen 1 and updated version that easily hold 6, offer a huge trunk, elevated handling and ride and modest power that offers great fuel economy. Like the GM have a version that a working mom can afford. The last decade car makers have focused on building cars that American's want, but eliminated what they need. When a Ford Escape of Chevy Blazer can be optioned up to 50k, you've lost the plot.
  • Willie If both nations were actually free market economies I would be totally opposed. The US is closer to being one, but China does a lot to prop up the sectors they want to dominate allowing them to sell WAY below cost, functionally dumping their goods in our market to destroy competition. I have seen this in my area recently with shrimp farmed by Chinese comglomerates being sold super cheap to push local producers (who have to live at US prices and obey US laws) out of business.China also has VERY lax safety and environmental laws which reduce costs greatly. It isn't an equal playing field, they don't play fair.
  • Willie ~300,000 Camrys and ~200,000 Accords say there is still a market. My wife has a Camry and we have no desire for a payment on something that has worse fuel economy.
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