Latest news with #DuncanAldred
Yahoo
22-07-2025
- Automotive
- Yahoo
Ford and Toyota Won't Like General Motors's Q2 Sales Results
Ford and Toyota Won't Like General Motors's Q2 Sales Results originally appeared on Autoblog. General Motors had a lot to celebrate after Q2 Only three major automakers reported year-over-year sales growth in the U.S. during Q2, but their delivery percentage increases don't tell the entire story. Ford experienced the most annual gains during Q2 at 14.2%, followed by Toyota at 7.2%, and General Motors (GM) at 7%. While Ford and Toyota experienced higher year-over-year increases than GM, GM delivered more units throughout Q2 than either of these two companies. During Q2, GM sold 746,588 units in the U.S., Toyota moved 666,469 vehicles, and Ford logged 612,095 sales. Growth in year-over-year sales remains a crucial metric among automakers, but quarterly numbers are especially relevant right now, given the market uncertainty introduced by President Trump's tariffs on vehicle and part imports. Duncan Aldred, GM senior VP and president of North America, said in a statement: 'The investments we have made in our crossovers, SUVs, and pickups—both gas and electric—along with great execution by our employees, suppliers, and dealers, have made GM the engine of growth for the U.S. industry this year.' A closer look at GM's Q2 success GM's electric vehicle (EV) sales rose by more than 100% during Q2 after it became the industry's second-highest seller of the segment last year. Cadillac proved to be intense competition for Tesla as the luxury EV market share leader in Q2. GM's Q2 crossover sales were up a record 16% during Q2 and 23% during the first six months of the year. The automaker also reported a 12% year-over-year sales increase for the first half of 2025, leading the U.S. industry in total and retail sales and outpacing the 4% total market growth estimate. Buick had the most significant first-half sales increase of any GM brand, up 29% with its crossover portfolio. Chevrolet sales increased 9% during the first half of 2025, with its Equinox SUV leading the way and GMC boasting record Sierra pickup deliveries, placing GM on track toward its sixth year in a row as the industry's full-size pickup sales leader and its 51st year as the full-size SUV leader. While the fleet business decreased by 3% during Q1 and Q2, GM's fleet, Envolve, increased by 10%. In total, GM moved 1.4 million units during the first six months of 2025, with a market share of 17%, representing the industry's largest year-over-year increase. Final thoughts Q3 could allow GM's EV sales to make more headway as consumers rush to capitalize on the remaining federal tax credit that expires on September 30. GM's EV sales during Q2 were especially significant given that the overall segment declined annually by 6%. Stephanie Valdez Streaty, senior analyst at Cox Automotive, said: 'The year-over-year [EV sales] decline in Q2 was only the third decline on record, and a sign of a more mature market. The increase from Q1 may well be the start of a rush ahead of the federal incentive phase-out, offering a short-term boost in an otherwise uncertain landscape.' GM also announced in June that it's investing $4 billion in the expansion of gas truck and SUV production, allowing it to more readily meet varied consumer demand between internal combustion engines and electric driving. Ford and Toyota Won't Like General Motors's Q2 Sales Results first appeared on Autoblog on Jul 21, 2025 This story was originally reported by Autoblog on Jul 21, 2025, where it first appeared.
Yahoo
21-07-2025
- Automotive
- Yahoo
Ford and Toyota Won't Like General Motors's Q2 Sales Results
Ford and Toyota Won't Like General Motors's Q2 Sales Results originally appeared on Autoblog. General Motors had a lot to celebrate after Q2 Only three major automakers reported year-over-year sales growth in the U.S. during Q2, but their delivery percentage increases don't tell the entire story. Ford experienced the most annual gains during Q2 at 14.2%, followed by Toyota at 7.2%, and General Motors (GM) at 7%. While Ford and Toyota experienced higher year-over-year increases than GM, GM delivered more units throughout Q2 than either of these two companies. During Q2, GM sold 746,588 units in the U.S., Toyota moved 666,469 vehicles, and Ford logged 612,095 sales. Growth in year-over-year sales remains a crucial metric among automakers, but quarterly numbers are especially relevant right now, given the market uncertainty introduced by President Trump's tariffs on vehicle and part imports. Duncan Aldred, GM senior VP and president of North America, said in a statement: 'The investments we have made in our crossovers, SUVs, and pickups—both gas and electric—along with great execution by our employees, suppliers, and dealers, have made GM the engine of growth for the U.S. industry this year.' A closer look at GM's Q2 success GM's electric vehicle (EV) sales rose by more than 100% during Q2 after it became the industry's second-highest seller of the segment last year. Cadillac proved to be intense competition for Tesla as the luxury EV market share leader in Q2. GM's Q2 crossover sales were up a record 16% during Q2 and 23% during the first six months of the year. The automaker also reported a 12% year-over-year sales increase for the first half of 2025, leading the U.S. industry in total and retail sales and outpacing the 4% total market growth estimate. Buick had the most significant first-half sales increase of any GM brand, up 29% with its crossover portfolio. Chevrolet sales increased 9% during the first half of 2025, with its Equinox SUV leading the way and GMC boasting record Sierra pickup deliveries, placing GM on track toward its sixth year in a row as the industry's full-size pickup sales leader and its 51st year as the full-size SUV leader. While the fleet business decreased by 3% during Q1 and Q2, GM's fleet, Envolve, increased by 10%. In total, GM moved 1.4 million units during the first six months of 2025, with a market share of 17%, representing the industry's largest year-over-year increase. Final thoughts Q3 could allow GM's EV sales to make more headway as consumers rush to capitalize on the remaining federal tax credit that expires on September 30. GM's EV sales during Q2 were especially significant given that the overall segment declined annually by 6%. Stephanie Valdez Streaty, senior analyst at Cox Automotive, said: 'The year-over-year [EV sales] decline in Q2 was only the third decline on record, and a sign of a more mature market. The increase from Q1 may well be the start of a rush ahead of the federal incentive phase-out, offering a short-term boost in an otherwise uncertain landscape.' GM also announced in June that it's investing $4 billion in the expansion of gas truck and SUV production, allowing it to more readily meet varied consumer demand between internal combustion engines and electric driving. Ford and Toyota Won't Like General Motors's Q2 Sales Results first appeared on Autoblog on Jul 21, 2025 This story was originally reported by Autoblog on Jul 21, 2025, where it first appeared.
Forbes
07-07-2025
- Automotive
- Forbes
Buick's Luxe-Forward Design Moves The 2025 Enclave To Center Stage
The 2025 Buick Enclave Avenir Tour the 2025 Buick Enclave and it's no surprise the company is setting sales records. Buick underwent a top-to-bottom overhaul over the last few years and it's starting to pay off; the brand saw 29% growth in sales across its four-model portfolio for the first half of 2025. It's an impressive streak for a brand that was more of a hidden gem than a category leader just a few years ago. Leading the charge is Buick's marquee model, the three-row, seven passenger Enclave SUV, a favorite for families who want under-the-radar luxury with an elevated interior experience, modern tech, extra seating and ample cargo space. Enclave's sales are up 46% for the first half of 2025 so it's no surprise that Duncan Aldred, Buick's former global vice president, was recently elevated to president of GM North America. Leading Through Minimalist Luxury Minimalism is a go-to design approach and one that is embodied in Buick's Wildcat Concept, created in 2022 under design chief Sharon Gauci. Wildcat ushered in the next era of Buick design starting with a newly-slimmed logo, a sculpted nose and sleek head lights and tail lights. Its influence is seen in the Enclave, which eliminated or hid most buttons, moved the gear shifter to the steering column and streamlined functions like air vents and climate controls. The changes create a sense of calm and allow refined materials to carry the design and set the tone in the cabin. Enclave's cabin palettes are also notable for tone-on-tone colors, subtle textures and at its center, a floating center console that elicits an open-feel cabin. The minimalist feel carries through to the center row captains chairs (there is not a bench option) and into the third row and cargo area, with necessary functions tucked into out-of-the way spaces. The interior of the 2025 Buick Enclave Is Enclave A 'White Label Cadillac'? While the 'white label Cadillac' tag may not be a fair assessment for the Buick Enclave—given the deep design integrity Buick's design team brings to the model—it's what customers may see when comparing Cadillac SUVs to the Enclave. The Escalade, which is a larger full-size SUV with four wheel drive, led GM's roll out of expansive center screens and uncluttered spaces. And its center console, while not the floating design that the Enclave sports, has a similar feel, though Enclave's approach is more minimalist with fewer buttons and screens. Buyers looking for many of the luxe features in the Escalade but don't want the heft of its size and price may find the best alternative in the Buick Enclave, which is priced from $46,595 for the Preferred model to $59,695 for the top of the line Avenir model; all wheel drive adds about $2,000. The Avenir cabin in the 2025 Buick Enclave Avenir Sets The Luxury Standard For Buick Design While Buick Enclave offers two models that deliver a nice level of luxury, Premium and Sport, it's the Avenir model that is really the luxury standard for the brand. There is an Avenir trim for every model, even the elegant but budget-priced Envista which comes in at about $30,000 for the top of the line leather-clad model. The Buick Enclave Avenir includes every feature the brand offers in this model, from head up display to a digital rear view mirror, 22-inch wheels, a panoramic sunroof and quilted leather seating; other than Super Cruise hands free highway driving for $3,730, a trailering package, upgraded paint choices and all weather mats, there are few options to add. Avenir offers two interior palettes: Ebony with gray accents (as seen in our test model) and light gray with dark blue accents. Both add tone-on-tone details including wood panels on the doors and dash, narrow slashes of chrome and a rose gold surround on the floating center console which nicely sets it apart from the storage bin beneath. The floating center console in the 2025 Buick Enclave Premium And Sport Trims Offer Nice Advantages, Too Buyers who don't want, or can't get, the Avenir model and opt for Sport or Premium models will also find a nice level of luxury, including the 30' multimedia screen that spans the dash, wireless Apple CarPlay and Android Auto and a Google Built-in multimedia operating system with 'hey Google' voice activated assistance. These models also come in a choice of cream or ebony leatherette seating in the Premium model. Even with most of the upgrades available, including Super Cruise, a panoramic sunroof and shiny sport wheels, the price can settle at about $8,000 less than the Avenir. The 2025 Buick Enclave Avenir Driving The Buick Enclave Is A Delight To really drive home the idea of luxury, the Buick design team worked hard to create a super quiet cabin, a hallmark of luxury cars. In test driving the Enclave I found the experience to be nicely muted, allowing for conversation, listening to the Bose sound system or just zoning out and enjoying the drive. The quiet cabin also aids in allowing all passengers to use the 'hey Google' voice assist; the system can requests from any seat in the car. The power that drives 2025 Buick Enclave is thanks to the new four-cylinder turbo engine that delivers 328 hp, which is the right amount of power for an SUV this size—not less than is necessary but not so much as it feels dangerous in your teenager's hands. It's the same engine that powers GM's other newly redesigned three-row SUVS, the Chevrolet Traverse and the GMC Acadia. Paired with an eight-speed transmission, the Enclave feels and drives confidently. The steering wheel on the 2025 Buick Enclave features the new logo and the Super Cruise bar at the ... More top Confidence Is King In Three Rows Of Luxury Maybe the thing I liked most about the Buick Enclave is the sense of confidence it exudes. It's roomy and has great capacity for passengers and space, but behind the wheel you might forget that fact. Despite its long frame, it's easy to drive thanks to a nice ride height and unibody crossover structure that makes it feel more like a car and less like a truck. Super Cruise hands-free highway driving adds another level of confidence, allowing the driver to relax a bit while the car handles the stress. The wide center screen, floating console and the panoramic sunroof add even more to the luxurious feel, as do the quilted seats and the elegant exterior details. It's not hard to see why the Buick brand, led by the Enclave, have moved from hidden gem to center stage among luxury cars.
Yahoo
01-07-2025
- Automotive
- Yahoo
Ford, GM Stocks Jump as Q2 Sales Surge
Ford Motor (F) and General Motors (GM) shares rose Tuesday after the "Big Three" automakers reported soaring second-quarter sales. Ford's Q2 sales surged 14% from a year earlier—"about 10 times the estimated 1.4% industry increase," it said—to 612,095 vehicles, powered by a 15% jump in F-Series, Ranger, and Maverick pickup sales to 288,564. GM, meanwhile, reported a more than 7% increase in Q2 sales to 746,588 vehicles and a nearly 12% jump in the first half to 1.4 million deliveries. "The investments we have made in our crossovers, SUVs, and pickups—both gas and electric—along with great execution by our employees, suppliers and dealers, have made GM the engine of growth for the U.S. industry this year," GM Senior VP and President of North America Duncan Aldred said. However, the U.S. new car market is expected to slow in the coming months as higher prices could discourage Americans from buying vehicles, according to Cox Automotive, which said prices may jump as manufacturers begin to absorb—and pass along—the cost of tariffs. GM and Ford shares were each up roughly 4% in recent trading. GM stock is down 4% this year, while Ford shares are up 14%. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Automotive
- Yahoo
GM names North America president
This story was originally published on Automotive Dive. To receive daily news and insights, subscribe to our free daily Automotive Dive newsletter. General Motors promoted Duncan Aldred to SVP and president of its North American segment effective May 5, the automaker announced. He fills the role vacated by Marissa West in August 2024, who held the position less than a year. Aldred will report to Rory Harvey, EVP and president of global markets. 'This change supports our strategy to offer our customers around the world unrivaled choice across our ICE and EV portfolio, from brands they love and trust,' Harvey said in a statement. Aldred is tasked with building on GM's sales momentum and 'to respond with agility to a rapidly changing external environment,' the company said in the release. The automaker sold 693,363 vehicles in Q1, a 17% year-over-year increase. In Aldred's 33-year career at GM, he has held several leadership roles across the automaker's U.S. and European operations. He most recently was VP of global commercial growth strategies and operations and prior to that was global VP of Buick and GMC, according to his LinkedIn profile. GM credits Aldred for leading growth for its Buick and GMC brands, guiding GMC pickup sales to record levels and shifting Buick's focus from sedans to SUVs. Before heading up the Buick and GMC brands, Aldred was CEO of UK-based Vauxhall Motors and was VP of global sales, service and marketing for Opel. Recommended Reading GM's president of North America steps down
