General Motors' U.S. sales fell in September, driven by declines at three of four brands.
The company's light-vehicle deliveries dropped 10 percent last month to about 210,863 compared with September 2018, according to estimates from the Automotive News Data Center. The company's 2019 U.S. sales have dipped 1.1 percent to 2.1 million through September.
Buick was the only GM brand to stay in the black in September. Buick deliveries rose an estimated 4.8 percent, with boosts in Encore and Envision demand.
GMC deliveries dropped on weaker Terrain sales but benefited from an increase in Sierra and Acadia sales.
Cadillac and Chevrolet deliveries declined as the company continues to phase out passenger cars. Car sales for all GM brands plunged 28 percent, while truck sales rose 5.9 percent last month, according to the Data Center.
Despite the decline in September, a rough month across the industry because of fewer selling days, GM's third-quarter deliveries rose 6.3 percent, according to the company. In the latest three-month period, U.S. sales rose 10 percent at Buick, 7.2 percent at Cadillac, 4.6 percent at Chevy and 11 percent at GMC.
Brands: Buick, up 4.8%; Cadillac, down 4.8%; Chevrolet, down 13%; GMC, down 6.9% (all estimates)
Notable nameplates: Buick Encore, up 22%; Buick Envision, up 27%; Cadillac Escalade, up 36%; Cadillac XT5, down 25%; Chevrolet Bolt, up 22%; Chevrolet Corvette, up 29%; Chevrolet Equinox, down 31%; Chevrolet Silverado, up 1.6%; Chevrolet Colorado, down 18%; GMC Acadia, up 35%; GMC Sierra, up 66%; GMC Terrain, down 60% (all estimates).
2019 U.S. light-vehicle market share through September: 16.8% vs. 16.8% in first three quarters of 2018.
Incentives: $5,200 per vehicle, up 16.8% from a year earlier, ALG says.
Average transaction price: $38,751, up 2.5% from a year earlier, according to ALG.
Fleet mix: 19.5% in the third quarter, down 3 tenths of a percent from a year earlier.
Inventory: 759,633 units at the end of September.
Quote: "The real story for the auto industry will be told in the coming weeks as Chevy and GMC dealers run low on pickup trucks to sell, with the UAW strike against General Motors leading the company to idle the plant in Mexico that makes the Silverado and Sierra," said Michelle Krebs, executive analyst for Autotrader. "Dwindling inventory comes at a time of year when pickup truck sales are strong, and at a time when GM is in launch mode with its full array of new, full-size trucks. This will put the Chevrolet Silverado even further behind the popular Ram in sales. Most importantly, fewer pickup truck sales will impact Q3 and now Q4 profits at GM since pickup trucks account for the bulk of the income."