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Thursday, 01 October 2020 18:28

Automakers Report September and Q3 2020 Sales

Index

GM’s mid-size SUVs outperformed the industry, including the Chevrolet Blazer up 45%–--its best quarter ever---and the Cadillac XT6, also up 45% compared to the third quarter of last year. Buick’s compact SUV, the Envision, was up 44%.

 

Despite tight inventory, GM’s large pickup trucks sold well, especially heavy-duty pickups; the Chevrolet Silverado HD was up 9% and GMC Sierra HD was up 11% compared to a year ago. Total Sierra sales posted its best third quarter ever. Year to date, GM’s combined light- and heavy-duty pickups gained 1.6 percentage points in retail market share to capture 37.5% of the segment, according to J.D. Power.

 

GM remains focused on producing the right mix of vehicles to meet demand. Large pickup and full-size SUV plants are all operating on three shifts and at maximum overtime.

 

Honda and Acura

 

Honda brand sales climbed 11%, as trucks set a September record, with a 20.4% jump.

 

"September marks a high-water mark for Honda sales this year with double-digit gains and our first month in positive territory since the pandemic began," said Dave Gardner, executive vice president of national operations at American Honda. "Powered by the strong performance of our Honda and Acura SUV lineups, we've been building momentum throughout the third quarter and early indications from dealers and customers are that the just-released 2021 Acura TLX is a real winner. So we're optimistic for a strong close to 2020."


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