"We are very pleased that GM's truck brands continued to pace the industry," said Bill Lovejoy, group vp of North America Vehicle Sales, Service and Marketing. "Despite an extremely competitive market, our share continued to stabilize and we have made good progress in improving our product mix, managing our fleet volumes, reducing our total inventory and moving out our 2001 models."
Lovejoy said the strongest August results came from SUV sales, keeping GM on pace to set an all-time industry SUV calendar year sales record. GM's full-size utilities dominated the industry on the strength of Chevrolet Tahoe, GMC Yukon and Yukon XL as well as increased sales of the new Cadillac Escalade. GM's midsize SUV lineup, the Chevrolet TrailBlazer, GMC Envoy, Oldsmobile Bravada and Buick Rendezvous continued to gain sales momentum.