Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 1
Holy gross margin Batman!

Cadillac truck sales, and GM makes sick margin on the Cadillac truck line is up 85% for the month and 9% for the year. That's good news and that is all GMT900.

Tahoe sales are up over 6% for the year - good margin there too.]

Suburban sales up 78% month over month (off the for the year).

Avalanche sales up 84%, Siveraldo sales up 18% (well 17.9%).

Sierra sales up 30%, Yukon sales up 100%, Yukon XL sales up 38%.

This is all money in the bank - very, very impressive. Not terribly troubled by the car numbers as there is no money in fleet sales, and the newest vehicles in the line up the Lucerne, Impala, the G6, and the entire revamped Saturn line is showing great strength. The G6 is up almost 29% year-over-year, Saturn sales are up over 17% for the year, and the Impala is up about 1% year-over-year and almost 18% for the year. The Impala is significant as GM is making about $1.2K more for each Impala sold in 2006 then they did in 2005 and with far less incentives. With a 6-cylinder DoD model coming I'll expect more interest. Saturn will continue to be hot - if I were buying a car today the Aura with the Cadillac 3.6L V-6 and the 6-speed semi-automatic would be very high on my list. Loaded out that is a Hell of a lof of car for $27K-ish.

I think the turn around is continuing to work - will be interested to see if GM is finally profitable as many analysts are predicting for the 4Q of 2006.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.