GM targets under-50 drivers for Buick

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Posted: Wednesday, March 27, 2013 12:00 am

NEW YORK (AP) — Stop me if you've heard this one before: There's this famous car brand whose average driver is more familiar with Social Security than social media.

General Motors Co. will make another attempt to get Buick to appeal to younger buyers with freshened up versions of the Regal midsize sports sedan and the LaCrosse large luxury car. GM unveiled the pair Tuesday ahead of the New York International Auto Show, which opens to the news media today.

Youth has been the theme of several of Buick marketing campaigns during the last three decades, with famous pitchmen including Tiger Woods and Shaquille O'Neal. Sales have even risen recently after a dramatic and lengthy decline. But even with that recent success, odds are against GM making Buick a go-to option for large numbers of drivers below the age of 50.

Buick, once coveted for its understated elegance, used to be a dominant brand. In 1984, GM sold 942,000 Buicks in the U.S., according to Ward's AutoInfoBank. But many Buick buyers died, and younger people opted for SUVs and cooler European cars. Sales tumbled, bottoming out at just over 102,000 in 2009. GM kept the brand alive only because it became a huge seller in China.

The company doesn't expect Buick sales to approach 900,000 per year again. But executives say they can still make a lot of money selling the higher-priced luxury vehicles with lower sales numbers.

GM is giving the LaCrosse a more sculpted, modern look. It gets updated LED daytime running lamps and taillights and a larger front grille. On the inside, it gets new, more supportive seats and a modernized center stack with fewer buttons than the current car. The interior will have more of a luxury feeling to differentiate it from the sportier Regal. The Regal also will be updated.

The LaCrosse goes on sale late this summer and the Regal comes out in the fall. Prices and gas mileage weren't released. The current Regal starts at $29,015; the LaCrosse starts at $31,660.

Buick sales rose the past three years, and reached 180,000 in 2012. The catalysts were the new Verano, a compact based on the Chevrolet Cruze, and the Enclave, a big crossover SUV, that got a facelift last year. Also, Buick's new Encore small SUV is just starting to hit showrooms.

The new products have helped to change Buick's demographics. In 2006, Buick buyers on average had celebrated 66 birthdays. Last year that fell to 57, according to the company. The Verano helped there as well because small cars tend to draw younger buyers. But Buick buyers are still older, and the automaker would like to catch more people in their 40s. The average car buyer in the U.S. is 52, according to the TrueCar.com auto pricing site.

Even with the new cars, Buick hasn't kept up with the industry. Last year, sales grew only 1.6 percent even though total U.S. auto sales rose 13 percent. Spokesman Nick Richards blames the slow growth on a cut in low-profit sales to fleet buyers such as rental car companies as GM tries to boost the brand's resale values. He says retail sales to individual buyers rose about 6 percent.

Still, Buick's five models combined were outsold last year by single models from other automakers. Hyundai, for instance, sold 202,000 Elantra compacts last year, beating Buick by itself.

In China, drivers bought more than 700,000 Buicks last year, up 8 percent from 2011.

© 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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