Chevrolet Silverado sales were nearly flat in 2012, rising 0.8% to 418,312.
Still, Silverado was perhaps the most discussed vehicle of 2012, with near-obsessive attention to its inventory level, as GM built inventories in the second half of the year in order to prepare for production halt as it prepares for the introduction of the 2014 Silverado, which it rolled out last month.
GM obviously got the timing right, bringing out a new Silverado just as housing construction, a major market for pickup trucks, appears to be heading into a serious revival. What remains to be seen is whether GM got the truck right.In December, by the way, Silverado sales rose 6.1% to 50,699, while Camry sales fell 6.3% to 31,407. This enabled Silverado to nose out Camry for the second best-selling U.S. vehicle, even though Camry was second at the end of November.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV