Street Insider reports that General Motors delivered 154,877 vehicles in November, down 41 percent compared with a year ago. That makes for some of the worst sales numbers in the US, leaving GM PR with nothing to get traction on despite aggressive Red Toe Tag Sale incentives which will continue through January 5. “In November we saw the continuation of the dramatic decline in volume for the industry. Every manufacturer is posting awful numbers and we are no exception,” says GM’s Mark LaNeve in what may be one of the biggest understatements we’ve heard in weeks. GM’s car sales were down 41 percent compared to last November, while trucks were down 44 percent. The only GM vehicle with positive sales growth compared to last November is the much-touted Malibu, which is up 31 percent. Ok, that’s not strictly true. The GMC C/T Series is up 64 percent, at 82 units compared to 50 last November. Needless to say these exceptions won’t save GM from the bleeding across every other model and brand. And, as our Ken Elias points out, the 862,000 models currently sitting on GM lots is “way out of whack relative to trailing sales.” Not good.
Chevy and Saturn were the best-performing brands, losing only 20.9 and 20 percent respectively. Still, with Cobalt down 53.6 percent, Impala down 43 percent, and Aura down 48 percent, these brands aren’t just losing blood, they’re leaking bone marrow. Caddy watched its cars drop by at least 38 percent (low-volume XLR) and as much as 67 percent (STS), while its trucks and utes were down by 26 to 37 percent. Buick’s best performer was the LaCrosse which shed only 19.9 percent, but the high-volume Lucerne was down 34.1 percent and the once-hot Enclave plummeted by 40.3 percent. Pontiac might have some of the worst news of the month, as the brand’s sales were down 53.4 percent since last year. The Vibe (down 14.2 percent) is the only Pontiac vehicle that isn’t at least flirting with the 50 percent drop mark. Meanwhile, Hummer sales are unsurprisingly down 63.9 percent while Saab is down 57.5 percent. Taken together, these numbers do not paint a pretty picture.