Page 32 - On The Move - Volume 17, Issue 1
P. 32

GMC Finds New Customers

                                                 The GMC brand of premium trucks and SUVs   three AT4 models with more on the way, Brook
                                             has seen several years of good growth, says Phil   says.
                                             Brook, vice president of Buick and GMC Market-     “We are seeing different customers” buy
                                             ing.                                   the AT4, he says. They are affluent, active and “a
                                                 Its Denali luxury sub-brand has been   bit younger than we originally thought.” They’re
                                             especially successful: 30% of all GMC vehicles   also buying heavily contented models – they “tick
                                             sold are Denali, and the average transaction price   every box in terms of options,” Brook notes.
                                             is $54,901, slightly less than Mercedes-Benz’      Sierra Light Duty retail sales are up more
                                             $55,542 but more than Jaguar’s $51,567, he   than 21% year-to-date, Brook says, while the
                                               says.                                Sierra heavy-duty had the best third quarter in 13
                                                 In 2018, with the launch of the Sierra AT4   years, with the highest Denali penetration among
                                                  ('20 model pictured), GMC introduced the   GMC models at 63%. Of Sierra HD sales, 88% are
                                                    AT4 sub-brand, a premium off-road   Denali or AT4 Crew trim levels, he says.
                                                      trim level. GMC currently offers      Over the past five years, sales for Sierra
                                                                                    light-duty and HD trucks have been stable, rising
                                                                                    from 211,833 in 2014 to 224,139 in 2015.
                                                                                    Deliveries dipped slightly, to 219,554 in 2018,
                                                                                    according to Wards Intelligence data. Through
                                                                                    October, Sierra sales are up 6.7% to 183,264
                                                                                    units.
                                                                                    Source: Wards Auto































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