The sales of four main brands of General Motors vehicles are up 24.6%. Cadillac is leading the pack with sales up 142% since August of 2008. Models like the Escalade, CTS, and DTS are just some to name a few. Buick is close behind raising their sales 137%. Chevrolet is performing well also, mainly selling their lines of trucks such as the Silverado.

Overall sales for General Motors are up 5.4%. Vice President of sales Don Johnson attributes this to the current economy,

“…those people who have put off replacing their worn-out vehicles are now slowly starting to come back into the market”.

Now that people are finally beginning to feel  more comfortable in making auto purchases, this could be a trend we continue to see with other major auto companies as well. Leadpile is currently working with auto finance, and the strong demand proves this to be valid!

Last year first half of 2007, Toyota sold 4.5 million vehicles while General Motors came out winning selling 4.54 million vehicles.  Pretty close in sales.  

2008, first half the year, the numbers have arrived.  Toyota automaker sold 4.8 million vehicles for the first half.  That’s about a 2% increase from the same period of last year while GM sales drop 3% the first half.

With the gas price increase more consumers are staying away from the bigger trucks and SUV’s that GM is well known for.  The percentage difference on Toyota’s increase and GM’s drops are somewhat related.  My theory is that consumers are going after the gas saving cars that gives the more miles per gallon.  GM, being a leader in sales until this half of 2008, should  take different approaches to catch the consumers interest?  Maybe it’s time for the engineers to start developing more smaller cars to bring out, less expensive with more miles to the gallon.

All in all the economy is not doing that horrible as critics are proclaiming.  Look at the sales, they are pretty steady, meaning consumers are still spending and they are still buying new vehicles. 

Great time for Auto Groups to take advantage of leads in a lead exchange.  More cars to sell!