Year End Offers Mixed Bag for Domestic Automakers
YOUNGSTOWN, Ohio – American automakers ended 2016 on a mixed note, as only one finished 2016 with sales up for both December and the entire year
General Motors Co. closed out 2016 with 319,108 vehicles sold in December, a 10% gain from 2015. Retail sales – those to noncommercial customers – were also up, gaining 3.4% from last year and totaling 249,983.
For the entire year, GM sold 3,042,775 cars, trucks and SUVs, a 1.3% drop from 2015, although retail sales gained nearly 1.8%, reaching 2,446,582.
Chevrolet, the company’s top brand, tallied 212,959 vehicles sold last month, a 12.8% gain. The Silverado pickup truck remained Chevy’s top seller with 54,272 sold last month.
Meanwhile, the Lordstown-built Cruze reported a sales increase in December with 17,324 sold, 2.8% more than the same month in 2015. Annual sales for the Cruze were down 16.6%, however, totaling 188,876.
For GM’s other brands, December sales also rose, although not to the levels seen by Chevy. GMC posted a 5.8% gain with 63,415 trucks and SUVs sold, led by the Sierra pickup with 23,290. Luxury brand Cadillac reported 21,446 vehicles sold last month, a 3.2% climb from last year. Buick, with 21,288 sold, posted a 2.8% gain.
For full-year sales, Buick – with 229,631 sold for a 2.9% increase – was the only brand to post an increase in sales from last year’s record volume. Cadillac sales for 2016 were down 3% to 170,006, GMC down 2.2% to 546,628 and Chevrolet down 1.4% to 2,096,510.
Ford Motor Co. posted a modest 0.3% gain for December as 239,854 vehicles were sold nationwide. For the Ford brand, sales were down 0.6% to 227,063. The F-series pickup truck lines led sales with 87,512 sold, a 2.7% gain. Lincoln sales were up 17.8% in December with 12,791 sold, led by the MKX with 3,527.
In 2016, sales for Ford Motor Co. were up a tenth of a percent from 2015. Between its two brands, 2,614,697 vehicles were sold. Ford’s annual sales totaled 2,502,973 – down 0.4% from 2015 – while Lincoln’s sales were up 10.4% to 111,724.
Fiat Chrysler Automobiles posted a 10% drop in sales to 192,519 as only one of its brands, Ram trucks, posted a year-to-year increase in December. That brand’s sales totaled 53,597.
Jeep sales dropped 6% to 83,519, while the other two American brands within the company both posted double-digit losses. Dodge sales, topped by the Journey with 9,768 sold, dropped 21% to 36,329, while Chrysler sales fell 32% to 16,776. Leading Chrysler sales was the Pacifica minivan with 10,283 delivered last month.
Over the course of 2016, Fiat Chrysler sold 2,244,315 vehicles in the U.S., just 8,000 fewer than a year ago. Jeep, with 926,376 sold in 2016, posted a 6% increase from 2015. Chrysler’s sales dropped 27% to 231,972. Dodge dropped 4% to 506,858 and Ram trucks gained 11% with 545,851 sold.
Copyright 2017 The Business Journal, Youngstown, Ohio.
Published by The Business Journal, Youngstown, Ohio.
CLICK HERE to subscribe to our print edition and sign up to our free daily headlines.