Full-size SUV sales slow down in November
In November, GM sold 6,033 Chevy Suburbans and 9,195 Tahoes, down 27.1 percent and 31 percent, respectively, over similar product sales in November 2006. GMC Yukon XL sales of 2,822 and Yukon deliveries of 4,317 were 26.1 percent and 40.4 percent behind November of last year.
The automaker released its sales numbers Monday, saying overall deliveries were down 11 percent from those at this time last year. After three straight months of increases, GM blamed the downturn on reductions in daily rental sales and a softening industry demand.
On a combined calendar-year-to-date basis, GM has sold 311,691 of the full-size sport utility vehicles through Nov. 30. While sales of Suburban and Yukon XL are ahead of last year’s pace (11.3 percent and 3.1 percent, respectively), Tahoe and Yukon are trailing by 7.7 percent and 9.5 percent.
For all of 2006, GM delivered 355,591 Suburbans, Tahoes, Yukon XLs and Yukons.
Through the first 11 months of the year, that puts GM 88 percent of the way to last year's total sales level.
With a solid December, selling that remaining 12 percent is possible. At this point last year, GM was 10 percent behind its eventual year-end sales of 355,591 units.