fbpx
Thursday, 01 April 2021 18:18

Automakers Report March, Q1 Sales

Index

...38% compared with Q1 2020. Total Q1 sales were up 28% with significant growth across the lineup.

 

Mitsubishi

 

Mitsubishi Motors North America, Inc. reported total March sales of 14,977, a 59% increase compared with March 2020, and the best retail sales month since August 2019.

 

March marked the arrival of the highly anticipated all-new 2022 Outlander and restyled 2022 Eclipse Cross. After its global reveal on the Amazon Live platform---an auto industry first---the overall excitement for Outlander, from both consumers and Mitsubishi Motors dealer partners, helped fuel strong retail sales from March.

 

For the quarter, Q1 2021 retail sales matched the same performance versus the prior year. Mitsubishi fleet sales were down 38% versus the same period in 2020, as the company focuses on more profitable retail sales growth.

 

GM

 

General Motors Co. announced it sold 642,250 vehicles in the U.S. in the first quarter of 2021, with retail deliveries up 19% and fleet sales down 35% year over year. Total sales were up 4% compared to a year ago. All four GM U.S. brands had double-digit year-over-year increases in retail sales.

 

GM estimates the U.S. retail SAAR in the first quarter of 2021 was 14.6 million units and the total U.S. light vehicle SAAR was 16.7 million units.

 

In another sign of strong U.S. economic activity, sales to small businesses, which are included in retail sales, increased 27% in the first quarter. Gains were driven by full-size SUV sales (up 132%), Silverado medium-duty pickup sales (up 155%) and large vans (up 45%.) The Chevrolet Colorado and GMC Canyon also increased sales by a combined 58%.

 

Ford

 

Ford’s investment into electrified vehicles, along with trucks and SUVs, is paying off. Electrified vehicles hit a new record sales start, trucks reported...


Read 844 times