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GM February U.S. Vehicle Sales Down 6.9%

General Motors (GM) reported that total U.S. vehicle sales for the month of February 2018 declined 6.9% to 220,905 units from 237,388 units in the prior year month, while sales was down 10 percent on a retail basis compared to an exceptionally strong February 2017.

Cadillac saw a 14 percent sales increase versus a year ago, driven by the XT5, ATS and the Escalade.

GMC crossovers were up 19 percent, with the Terrain posting a 17 percent year-over-year increase, and the Acadia was up 22 percent.

Later today, GMC will unveil its all-new 2019 Sierra and Sierra Denali light-duty pickups. On March 7, Chevrolet will unveil the all-new 2019 Chevrolet Silverado 4500HD and 5500HD, which are chassis cab trucks designed for commercial and small business customers. Later this month, Cadillac will unveil its first-ever XT4 crossover.

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