Demand for fuel-efficient vehicles propel Buick’s 19th straight month of sales gains
DETROIT – Buick achieved its 19th consecutive month of retail sales gains in April, growing 35 percent year over year with total sales up 51 percent. The brand’s sales to individual customers also have increased 45 percent and its total sales are up 43 percent, calendar year to date.
“Luxury car and crossover shoppers as well as our dealers have made Buick the fastest-growing major automotive brand in the United States,” said Brian Sweeney, U.S. vice president of Buick & GMC Sales and Service. “With more new models coming to our showrooms this year, we expect Buick’s momentum to continue.”
Buick also is the fastest-growing brand among African-Americans, according to a recent Polk report. Buick increased annual registrations among African-American car buyers by more than 72 percent in 2010 – nearly 20 percentage points higher than its nearest competitor.
Interest in Buick is on the rise among consumers in general. At Main Street in Motion, a touring test-drive event that pits Buick against other brands, exit polls revealed that public opinion of Buick improved by 125 percent and purchase consideration improved by 65 percent.
Retail sales of LaCrosse increased 5 percent in April, with total sales up 8 percent. The full-size sedanrecently received a five-star overall safety rating in the National Highway Traffic Safety Administration’s New Car Assessment Program. LaCrosse sales are expected to grow even more this summer with the introduction of the 2012 LaCrosse with eAssist™, which is expected to deliver class-leading highway fuel economy of 37 mpg.
With crossovers gaining in popularity, Enclave momentum continued to grow in April with retail sales up 6 percent and total sales up 14 percent, year over year. One reason for the Enclave’s sales success is its fuel economy, 24 mpg highway (2WD), which is better than any eight-passenger crossover.
Enclave, a four-time winner of Consumer Digest’s Best Buy award, has the highest conquest rate of any Buick, with 48 percent coming from non-GM brands. Approximately 40 percent of all Buick buyers come from non-GM brands and 18 percent come from imports.
In April, Buick markets with year-over-year increases included Miami, Houston and Boston.
“It’s pretty amazing,” said Mark Nazaradi, general manager of Williamson Buick Cadillac GMC in the Miami area. “Just about every Buick buyer we see is trading in a Lexus, BMW or other import brand.”
One year after its launch, demand for Regal continued to accelerate in April, with retail sales up 19 percent and total sales up 24 percent month over month. The boost reflects increased availability of the all-new Regal CXL Turbo, which accounted for 32 percent of the sport sedan’s retail sales in April. The turbo’s 2.0-liter direct-injection four-cylinder engine delivers better horsepower and torque than the Acura TSX, and with its manual six-speed transmission, it also delivers better fuel economy with an EPA-rated 32 mpg highway.
The Regal lineup will grow in the second half of the year with the introduction of the high- performance 2012 Regal GS and fuel efficient 2012 Regal eAssist.