The company was on death's door just a year-and-a-half ago, filing for Federal bankruptcy protection. Then just a year later, with financing partially provided by the Federal Government, General Motors emerged from reorganization and was re-listed on major stock exchanges on November 18, 2010 with the world`s largest IPO. It's most popular, and important brand, is once again the most popular line of cars and light trucks in the country.
Chevrolet announced yesterday that it sold a total of 125,389 vehicles in January and claimed the spot as the top selling brand in the United States. That includes 33 percent increase in retail sales, as customer demand remained strong across the brand's lineup.
"We are encouraged to see Chevrolet's momentum in 2010 carryover to the new year," said Alan Batey, vice president, Chevrolet Sales and Service. "Chevrolet edged out Ford by almost 4,000 vehicles and outsold Toyota by more than 25,500."
Retail sales of Chevrolet crossovers increased 36 percent over January 2010. The Equinox recorded a 46 percent gain in retail sales, marking the fifth-consecutive month of year-over-year retail sales gains for the compact crossover.
Retail sales of Chevrolet cars increased 33 percent over January 2010, as the launch of the all-new Cruze compact continued to gain momentum. Customers bought 12,014 Cruze sedans this month – a 129 percent increase over the compact car it replaced.
Retail sales of Chevrolet trucks increased 32 percent over January 2010. Combined retail sales of Suburban, Tahoe, and Avalanche increased 26 percent, while customers bought 35 percent more Silverados than a year ago.
New car sales results for January for the San Jose area are not yet available. There are five Chevrolet dealers in the area: two in San Jose, one in Fremont, one in Redwood City, and one in Gilroy.
