~ Auto Buzz ~: Arrival Of Buick Encore Twin Doesn’t Reduce Encore Demand – Encore Growth Continues Alongside Trax

Thursday, 7 May 2015

Arrival Of Buick Encore Twin Doesn’t Reduce Encore Demand – Encore Growth Continues Alongside Trax



2015 Buick Encore

U.S. sales of the Buick Encore have increased, on a year-over-year basis, in each of the last 16 months. That streak includes these last five months, a period in which a more affordable twin of the Encore, the Chevrolet Trax, has also been generating meaningful U.S. sales activity.

Encore volume grew 31% in the five months preceding the Trax’s U.S. launch. Since the little Chevy’s arrival, not only has the Encore avoided a decline, the rate of its volume expansion has hardly slowed: Encore sales jumped 28% between the final month of 2014 and April 2015.

In fact, as General Motors attracted 7,477 sales with the less costly Trax in March and April, Buick reported the best month ever for the Encore in March and the second-best ever Encore performance in April, the latter being a slightly slower month for the overall auto industry.

5,650 Encore sales were reported by Buick in March; another 5,587 in April. Only once before – in March of last year – has Buick sold more than 5,000 Encores in a single month.

Encore Trax sales chartAs we reported back in March, the Encore, alone in its success at Buick, isn’t sufficiently powerful to overcome other losses at the brand. As Encore volume jumped 29% in April, for example, four other Buick nameplates combined for a 15% year-over-year decline. Encore included, Buick’s U.S. volume was still down 5% in April and 5% year-to-date. Even the Enclave, in a strong month for GM utilities and the Lambda platform (Traverse sales shot up 28%; Acadia sales jumped 40%), stumbled slightly with a 4% drop.

How strong a month? “April was GM’s best-ever month for crossover sales,” the company said in its release last Friday. Industry-wide utility vehicle sales were up 15% in April. GM’s nine crossover nameplates – Enclave, Encore, SRX, Equinox, Traverse, Trax, Acadia, Terrain, and the discontinued fleet-only Captiva Sport – increased their volume by 24% to 77,780 units, equal to 29% of the company’s total U.S. volume. (GM also sold 20,962 full-size SUVs.)

2015 Chevrolet Trax

The Trax and Encore aren’t a huge part of that production in the United States. Much talked about though the subcompact crossover segment continues to be, none of the contenders are huge volume generators. Yet. The group is expanding, and with the expansion of the group (Renegade, CX-3, HR-V, 500X), volume expands rapidly, as well. The Trax and Encore accounted for 12% of GM’s crossover volume in the automaker’s best-ever month for U.S. crossover sales. The Chevrolet Equinox, on the other hand, America’s second-best-selling utility vehicle last month, generated 37% of GM’s crossover volume thanks to a 42% YOY improvement. The Equinox’s GMC Terrain twin was only barely outsold by the Trax and Encore combined.

Including delivery fees, the Encore has a base price of $24,990. The Trax starts at $20,995. All-wheel-drive adds $1500 to the price in both cases.

Timothy Cain is the founder of GoodCarBadCar.net, which obsesses over the free and frequent publication of U.S. and Canadian auto sales figures. Follow on Twitter @goodcarbadcar.

The post Arrival Of Buick Encore Twin Doesn’t Reduce Encore Demand – Encore Growth Continues Alongside Trax appeared first on The Truth About Cars.

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