General Motors of Canada Limited

General Motors of Canada Limited

August 04, 2009 17:49 ET

CORRECTION FROM SOURCE: GM Canada July 2009 Sales Results

(July 2009 and July 2008 both had 26 selling days)

OSHAWA, ONTARIO--(Marketwire - Aug. 4, 2009) - A correction from source is being issued with respect to the release that was disseminated today, August 4, 2009 at 15:25 ET. The subhead reading "June Sales Highlights" has been corrected to read "July Sales Highlights". The complete and corrected release follows.

For July 2009, General Motors of Canada dealers delivered 19,663 units, down 41.9% from a year ago.

"Our July performance is mainly attributed to reduced vehicle inventory levels at our GM dealers across the country," says Marc Comeau, GM of Canada's vice-president of sales, service and marketing. "As we rebuild our inventory levels in August, customers will get the GM vehicle they want with many new exciting models arriving at dealerships this summer. Some of our newly launched vehicles include the next generation Chevrolet Equinox, the all new 2010 Buick Allure, the 2010 GMC Terrain and the highly-anticipated 2010 Cadillac SRX. These new models all deliver fuel efficiency improvements and outstanding performance and design."

July Sales Highlights

- The next generation Chevrolet Equinox which delivers the best highway fuel consumption of any vehicle in its segment, arrived in dealerships this month and posted strong initial sales

- Sales momentum continues for the all new 2010 Camaro and as a result, over-time shifts have been added at the Oshawa Car Plant to keep up with growing demand



2009 2008 % CHG
TOTAL CARS 10,168 16,187 -37.2%
TOTAL TRUCKS 9,495 17,643 -46.2%
COMBINED VEHICLES 19,663 33,830 -41.9%

CALENDAR YEAR-TO-DATE: July 31st, 2009

2009 2008 % CHG
TOTAL CARS 61,972 114,627 -45.9%
TOTAL TRUCKS 92,146 109,842 -16.1%
COMBINED VEHICLES 154,118 224,469 -31.3%

General Motors of Canada (GMCL) is engineering and manufacturing advanced environmental technologies ranging from Active Fuel Management (cylinder deactivation) and hybrid systems to E85 biofuel and fuel cell vehicles - more than any other auto company right here in Canada. Headquartered in Oshawa Ontario, GMCL employs 9,000 people nationwide. GM of Canada manufactures vehicles, vehicle powertrains, and markets the full range of General Motors vehicles and related services through approximately 700 dealerships and retailers across Canada. Vehicles sold through this network include Chevrolet, Buick, Pontiac, GMC, Saturn, Hummer, Saab and Cadillac.

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