May Sales Figures

[f5fstop]

May 2006 Sales:
H1 40
H2 1279
H3 3418

May 2005 Sales:
H1 49 (-21.6)
H2 1956 (-37.2)
H3 959 (+242.2; May 2005 was first month for sales on H3).

Year-to-date Sales-2006:
H1 138
H2 6996
H3 20,000

Year-to-date Sales-2005:
H1 153 (-9.8)
H2 9502 (-26.4)
H3 959

Appears Hummer sales might be affected by price of fuel. However, sales
this time of the year start to slow a bit as people focus on purchasing a
new model in a month or two.

[Aubs]

The H2 numbers are really dipping. Too bad the MCE didn't come along.

[OrangeCrush]

2506 less H2 sales this YTD, that's roughly 130 million loss in sales this year... just in H2's.

Looks like someone's retirement plans gonna get cut.



Mark

[GeorgeSSSS]

Originally Posted by Aubs

The H2 numbers are really dipping. Too bad the MCE didn't come along.

What's MCE?

[31_bandits]

to temper the falling H2 sales figures, i would offer that GM / AMG only hoped to move about 25,000 H2s per year, and they'll exceed that on avg over the first 4 years of the vehicle.

And its a niche vehicle that won't appeal to everybody, and it hasn't had a major upgrade/change yet, and alot of the first ones ('03s) are probably getting due for a trade-in. will they buy another H2? would they if an H2 "alpha" with substantial upgrades were released?

I don't think fuel cost affects the decision to buy a big SUV for many buyers. A $70k fully loaded lux H2 or a $60-65k Escalade... these aren't lamborghinis, but they are expensive enough to be in the "if money counts, just get something else" category.

just two pennies

[31_bandits]

about mileage and money. i planned on getting 10 with the H2 before i bought it. i'm averaging just under 14 for my time w/the truck (life of truck minus test drives and idling in the dealer lot, etc.). and 14.8 on my last 4 tanks (lots of highway miles in that, no offroading (which sends mileage into the seventh level of course)). i don't know why my mileage is better than some other drivers. perhaps because i never tow, or because most of the roads i drive aren't 70+, but 65mph highways. or maybe its a fluke. who cares.

but i REALLY ENJOY getting almost 15mpg, not because of the $$$ (the diff between 10 and 15 mpg isn't squat in light of the cost of the truck w/options + bling and all)

i really enjoy it because it pisses off my neighbor, who's a bit enviro-nazi-ish. he asks about the mileage, and i say "15". and he gets openly angry about it. like he'd be happier if i got 8. The guy even came over to look at the 'puter readout on the dash because he thought i was lieing about it. and then he really got pissed.

which only serves to further my theory that most "cause" oriented people aren't cause oriented at all, they just want a place to belong.

[Agriv8r]

the first quarter this year was our best ever, and now we are pace to beat that. Local news channel interviewed a couple of us and a few customers, general consensus was that HUMMER was the car I wanted and the car I bought. The gas prices were not even a consideration.

[NJ H2]

Sales are dipping because the World is just running low of cool people to buy HUMMERS!

[HummerNewbie]

Originally Posted by NJ H2

Sales are dipping because the World is just running low of cool people to buy HUMMERS!

So does this mean we should all go out and buy a second or third? Sounds like a good plan to me

[dochummer]

I agree

[HummBob]

In all fairness to the H2 and in no way a dig at H3 owners, I think alot of POTENTIAL H2 owners went with the H3 out of price considerations. I know I see 15 H3's a day here and POSSIBBLY 1 or 2 H2's

I believe if there wasn't an H3, the H2 sales would be WAAY up. I guess it all depends on how much on a mark up GM has on the trucks. They might actually be making more $$$ profit wise on the H3's

[HummerNewbie]

Originally Posted by HummBob

In all fairness to the H2 and in no way a dig at H3 owners, I think alot of POTENTIAL H2 owners went with the H3 out of price considerations. I know I see 15 H3's a day here and POSSIBBLY 1 or 2 H2's

I believe if there wasn't an H3, the H2 sales would be WAAY up. I guess it all depends on how much on a mark up GM has on the trucks. They might actually be making more $$$ profit wise on the H3's

I certainly don't take your comment as a shot as the H3 but it is different around here. I still see at least 3 H2s for ever H3. That will change over time just because of the price point giving the H3 such a larger market. I know at my dealership they had more people who had planned on getting an H3 but ended up getting an H2 instead than the other way around. Granted most of those were used H2s so they don't show up on the sales figures listed above. I really don't think the H3 is taking much if any sales away from new H2s. I really think it is a matter of they have been out for 3 years now and just don't move as fast as when they were the hot new thing. Give it a year or so and I think the sales numbers will start going back up some as people start trading in their '03s on new ones. As I saw someone mention in a thread the past day or so, they are still surpassing the sales figures they originally hoped they would get with the H2. Just my 2 cents on it.

[31_bandits]

Originally Posted by HummBob

In all fairness to the H2 and in no way a dig at H3 owners, I think alot of POTENTIAL H2 owners went with the H3 out of price considerations. I know I see 15 H3's a day here and POSSIBBLY 1 or 2 H2's

I believe if there wasn't an H3, the H2 sales would be WAAY up. I guess it all depends on how much on a mark up GM has on the trucks. They might actually be making more $$$ profit wise on the H3's

its the same in my area. not 15 H3s per H2, but at least 5. And they sell at a rate of ~10-20 times as many per month, depending on the month, according to the local dealer.

But thats probably normal in any case.

in may they sold 4100 Escalades and 13,100 Tahoes, and (i could be wrong) i don't think the comparably equipped price-difference is as much as an H2 -vs- H3. that's 3.3 times as many at a lower price point.

they sold 1456 H2s in May of '06 and 3952 H3s, or about 2.5 times. so the H2 sales look pretty fair in that light. and 1456/month = ~17-18,000/year = probably not that far off of GMs expectations for a vehicle they thought they could sell 25,000/yr of initially

just some thoughts

[31_bandits]

source for trhose figures, which differ a bit from those in the original post, was

http://www.londonstockexchange.com/L...851&source=RNS

it was a may report for APRIL sales, i made a mistake in my post above.

[MovinH2]

Originally Posted by dochummer

I agree

Me too.

[f5fstop]

Originally Posted by 31_bandits

source for trhose figures, which differ a bit from those in the original post, was

http://www.londonstockexchange.com/L...851&source=RNS

it was a may report for APRIL sales, i made a mistake in my post above.

My figures come directly from the GM Newsline that is sent to employees and newspapers the first day of each month.

[31_bandits]

Originally Posted by f5fstop

My figures come directly from the GM Newsline that is sent to employees and newspapers the first day of each month.

lol

that's definitely a good source

[Aubs]

Originally Posted by GeorgeSSSS

What's MCE?

Mid Cycle Enhancement. It was going to revamp the interior and make slight exterior changes... From what I understood.


I think that the new CPO program might be skewing these figures a bit. You can get some awesome used H2's and H3's now with like 5,000 miles and a 6 year/100K mile warranty. I mean, I'd take the very lightly used vehicle because that is quite a deal! Just look at what Lynch has got going on their used H2's and H3's.

[Alan06SUT]

If the h2 sells over 20K units per year still, how long would you predict they will continue to make it w/o a major revamp?

I bet they will make them until they cant sell 15K or more per year.

What do you think?

[DTHVLY]

The drop in Hummer sales is probably due in part to the strong sales of the Toyota FJC. The FJ out sold the H1, H2, and H3 combined for the second month in a row.

April 2006 sales:
Hummer - 5413
Toyota FJ - 5643

May 2006 sales:
Hummer - 4737
Toyota FJ - 6670

Toyota FJ Cruiser trumps Hummer in sales