DETROIT
- Chevrolet's midsize passenger car lineup has earned a greater
percentage increase of sales and market share than its major
competitors for the year 2000 through August. The Chevy lineup --
including Impala, Monte Carlo and Malibu -- has posted combined sales
(351,831) for the period that have increased 14.4 percent from the
year-ago timespan. Additionally, Chevy's share of the midsize car
market, the auto industry's largest vehicle segment, has increased 1.4
percentage points. "Chevrolet is proud to have made such strong
strides in the very important midsize car market segment," said
Kurt Ritter, Chevrolet General Manager. "Truck sales are booming
in the auto industry, but the largest vehicle segment in the industry
is still midsize passenger cars."
For
the calendar year through August, the industry's midsize car sales are
more than 2.8 million units, which is 27 percent more than either
sport utility vehicle sales or pickup truck sales.
Chevy's
midsize car lineup has also contributed significantly to its
four-percent increase in passenger car sales for 2000 through August
(632,473 units). Individual midsize models have several claims to
fame:
Impala
is among the top dozen best-selling cars in the U.S. for 2000 through
August with 121,340 sales, a 306-percent increase compared with the
same period last year. Customers are so impressed with the Impala look
that they give styling as their number one reason for buying Impala,
according to Chevrolet research. Safety also rated among the top few
reasons customers gave for buying Impala, which earned the highest
possible rating (five stars) in front impact testing by the National
Highway Traffic Safety Association (NHTSA).
Impala
has been so popular since Chevrolet introduced it in the spring of
1999 that Chevrolet has not offered it with special cash or financing
incentives. Impala gets even better for 2001 by offering the General
Motors OnStar system, which uses satellite technology and attentive
personal service to provide an unparalleled level of safety, security
and information services. At the touch of a button, OnStar advisors
can contact emergency assistance or help with directions to
restaurants, banks and other destinations 24 hours a day, every day.
OnStar is exclusive to GM vehicles. "Impala has really
impressed customers by exceeding their expectations in terms of
performance, features and price," Ritter said.
Monte
Carlo popularity has been strong enough to make the model the
best-selling (48,264) midsize coupe in the nation for 2000 through
August. Retail sales for the period (40,777) have increased more than
11 percent, and customers have made the car so popular that it
currently has only a 40 days supply on dealer lots. (A 60-day supply
is the industry average.)
Monte
Carlo has also been selling briskly without incentives (since its
introduction in fall 1999), and offers the GM OnStar system, a new
High Sport model and an optional sport appearance package for 2001.
Malibu
is also on the list of the top ten best-selling cars in the U.S. for
2000 through August with sales of 153,680 units, a more than
three-percent increase versus the year-ago period. It is also among
the top 10 cars in vehicle registrations at retail (86,857 units for
2000 through July, latest available figures). Malibu, GM's
best-selling midsize sedan, is the only car on the market with
standard equipment that includes a V6 engine, automatic transmission,
air conditioning, four-wheel antilock brakes and automatic doorlocks
with a Manufacturer's Suggested Retail Price of less than $17,600.
"These
cars are successful because they epitomize traditional Chevrolet
value," Ritter said. "For many people a Chevrolet is not all
they can afford but all they want to afford."
(September
22, 2000)
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