OUCH! GM sales plummet 21%

[Desert Dan]

GM sales plummet 21%

Big Three automakers continue to lose ground to imports as all U.S. car makers report lower sales, and most overseas automakers post strong gains.

http://money.cnn.com/2007/07/03/news...ex.htm?cnn=yes

Yea I saw that. And Toyota seems willing to "buy" market share (discounting and cutting margins) on it's trucks which just adds to their market share growth.

[Hummer Aficionado_VT]

What about Hummer's earnings? Last I knew, I thought they were doing pretty good...

Originally Posted by Hummer Aficionado_VT

What about Hummer's earnings? Last I knew, I thought they were doing pretty good...

Hummer earnings are not disclosed separately. But I'd like to see the sales statistics (units) too.

[Desert Dan]

Maybe the V8 in the H3 will help boost sales too?

Toyota is offering 0% on the new Tundra so they must not be selling as well as the hoped for or are doing to sway fullsize buyers to Tundra?

Jeep can't build the 4-door JK Wranglers fast enough and now they are having a big recall for stalling.

"In a sign of Toyota's new-found muscle, the Japanese automaker rattled Detroit by offering zero-percent financing and cash rebates on its all-new Tundra pickup truck in June.
That aggressive discounting caused sales of Toyota's new full-size truck to more than double in June, stealing share in the last U.S. market segment dominated by the Detroit Three."

Looks like Tundra sales were boosted by the incentives.

But Tundra has a way to go:

Chicago, July 3 (Reuters) - The following are the 20
top-selling vehicles in the United States through June of 2007
as reported by the automakers.
Total sales of the top 20 vehicles rose 4 percent or116,756 units to 3,003,179. Following is a list of the top-20 selling vehicles, rankedby total units.RANK VEHICLE 2007 2006 '06 RANK % Chng 1 Ford F-Series P/U 355,438 400,177 1 -11.2 2 Chevy Silverado-C/K P/U 310,896 317,169 2 -2.0 3 Toyota Camry 240,530 218,517 3 +10.1 4 Toyota Corolla 202,221 197,303 6 +2.5 5 Dodge Ram P/U 185,257 183,174 4 +1.1 6 Honda Accord 182,346 178,116 5 +2.4 7 Chevrolet Impala 180,390 144,730 13 +24.6 8 Honda Civic 173,800 165,056 7 +5.3 9 Nissan Altima 140,253 116,959 9 +19.9 10 Honda CR-V 104,179 72,054 +44.6 11 Dodge Caravan 103,562 125,813 12 -17.7 12 GMC Sierra P/U 99,293 101,618 10 -2.3 13 Ford Focus 96,732 96,396 17 +0.3 14 Chevrolet Cobalt 96,437 119,952 15 -19.6 15 Ford Econoline/Club Wagon 94,835 90,928 21 +4.3 16 Toyota Prius 94,503 48,156 33 +96.2 17 Ford Escape 92,205 89,339 22 +3.2 18 Toyota-RAV4 87,124 75,015 35 +16.1 19 Toyota Tundra 82,840 57,458 16 +44.2 20 Honda Odyssey 80,338 88,493 20 -9.2