General Motors Reclaims No. 1 Spot in US Auto Sales
DETROIT – General Motors Co. announced Wednesday that it sold 2.2 million new cars and trucks in the U.S. during 2022, slightly better than its closest competitor, Toyota USA.
GM said sales increased by 2.5% last year compared with 2021. Toyota reported it sold 2.1 million vehicles in the U.S. in 2022, a decline of 9.6% from 2021.
That year, Toyota dethroned GM as the top-selling manufacturer in the U.S.
Fourth quarter sales were especially strong compared with the same period last year, GM said. The automaker reported that it sold 623,261 units during the three months ended Dec. 31, 2022, compared with 440,745 sold during the same period in 2021 – a jump of 41.4%.
“GM is carrying strong momentum in North America into 2023,” said Steve Carlisle, GM executive vice president and president, North America. “We see opportunities to grow our EV market share with nine all-electric models on sale, expand our truck leadership with four new Chevrolet and GMC heavy-duty and midsize pickups, and win new customers with the affordable and stylish 2024 Chevrolet Trax, which is the best entry-level vehicle we’ve ever built.”
GM reported that it sold 38,120 Chevrolet Bolt EV and Bolt EUV models in 2022, up 53.5% from the previous year. The company announced that it expects to increase production of both EV models to more than 70,000 units to accommodate demand.
However, GM’s new GMC Hummer EV and Cadillac Lyriq programs have been slower to develop, as the company reported that 854 Hummer EV pickups and just 122 Cadillac Lyriqs were sold in 2022.
Published by The Business Journal, Youngstown, Ohio.