DETROIT -- General Motors almost achieved its first monthly sales gain of the year in June.
The company's U.S. light-duty vehicle deliveries declined 0.9 percent last month to about 255,000 compared with June 2018, according to estimates from the Automotive News Data Center. That brings its 2019 sales to more than 1.4 million vehicles, down 4.3 percent compared with the first half of last year.
Each of GM's brands was in the black last month aside from Chevrolet, which was estimated to have declined 5.9 percent because of significant declines in passenger cars, including discontinued models, and double-digit declines for its Silverado and Colorado pickups.
GM's 2019 deliveries have been hampered by planned downtime at its Arlington Assembly Plant in Texas, which produces full-size SUVs, and an ongoing transition to the next-generation Chevrolet Silverado and GMC Sierra.
The pickup transition has contributed to Ram's pickup lineup outselling the Silverado 1500 and HD models for the first half of the year.
GM's passenger car sales were down 24 percent through the first half of the year, while truck sales — including crossovers, vans and SUVs — were up 0.7 percent, according to the Automotive News Data Center.
Brands (all estimates): Buick up 18%; Cadillac up 8.2%; Chevrolet down 5.9%; GMC up 8%.
6-month 2019 U.S. market share: 16.8% vs. 17.1% in 2018.
Notable nameplates (all estimates): Buick Enclave up 39%; Buick Encore up 5.5%; Cadillac CT6 down 24%; Chevrolet Bolt up 7.2%; Chevrolet Corvette down 17%; Chevrolet Equinox up 23%; Chevrolet Colorado down 42%; Chevrolet Silverado down 12%; GMC Acadia up 71%; GMC Sierra down 26%
Incentives: $5,040 per vehicle, down 3% from a year earlier, ALG says.
Average transaction price: $37,629, up 3.2% from a year earlier, according to ALG.
Inventory: End of June inventory was 809,387 vehicles, up about 22,000 compared with a year ago.
Quote: "The U.S. economy continues to grow at a healthy pace. Jobs are plentiful and inflation remains low," said GM Chief Economist Elaine Buckberg. "Auto demand was better than anticipated in the first half and we expect strong performance in the second half of the year. If the Fed cuts rates, as widely expected, lower financing costs will provide further support to auto sales."
Did you know? U.S. sales at Chevrolet, GM's biggest division, have now dropped 12 consecutive months year over year because of sharply weaker car demand, according to estimates from the Automotive News Data Center.