GM Claimed The Number One Sales Spot From Toyota In 2022

Industry News / Comments

Almost every brand saw a healthy increase in sales.

General Motors moved 2,274,088 vehicles between its four US brands in 2022, a 2.5% increase from 2021. It is expected to generate an operating profit of roughly $13.3 billion.

The American automotive giant was spurred on by substantial fourth-quarter sales amounting to 623,261 vehicles, up 41% year-on-year. The fourth quarter push also put GM at the number one sales spot in the US ahead of Toyota, which sold 2,108,458 units (down 9.6% from 2021).

134,726 of those sales came from Cadillac (13.9% increase), Chevrolet accounted for 1,518,048 (5.6% increase), and 517,649 were from GMC (7.3% increase). Buick was the only brand to decline, with 103,519 units, a massive 42.4% drop.

"GM is carrying strong momentum in North America into 2023," said Steve Carlisle, GM Executive Vice President and President for 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."

2023 GMC Hummer Frontal Aspect CarBuzz 2023 GMC Hummer Rear-Facing View CarBuzz CarBuzz CarBuzz
2023 GMC Hummer Frontal Aspect
2023 GMC Hummer Rear-Facing View

Speaking of electric vehicles, GM had a somewhat mixed year. Thanks to the addition of the 2023 Chevrolet Bolt EUV, Bolt sales ballooned to 38,120 units, up 53.5% from last year. With Bolt demand surging and production capacity set to increase, Chevy believes it can build over 70,000 units in 2023.

Things weren't as impressive for the GMC Hummer EV Pickup and Cadillac Lyriq, both of which sold in minuscule volumes. GMC Hummer saw an 854000% increase compared to 2021, but that's only because a single unit was sold in 2021.

Sales are still niche at only 854 units in 2022. Cadillac only managed to sell 122 Lyrics last year, a number the company hopes to improve as production capacity increases.

GM General Motors CarBuzz / Ian Wright

Looking at some of GM's heritage products, there was a mix of increases and decreases across the board, likely based on how well (or poorly) the company could produce and deliver them.

Chevy sold 34,510 Corvettes (a 4.4 increase), Cadillac CT5 sales were spurred on by the Blackwing to 15,896 units (a 68.3% increase), and Chevy proved that killing off sedans was a bad move by selling 115,467 Malibus, a 193.2% increase.

As you'd expect, trucks were GM's most popular product, with Chevy moving 523,249 Silverados (down 1.2%) and GMC selling 241,522 Sierras (down 3.0%). Finally, every Buick model saw a sales decline, proving that the brand is desperate for new products.

2022-2023 Buick Enclave Front-End View CarBuzz Cadillac
2022-2023 Buick Enclave Front-End View

Join The Discussion

Gallery

2023 GMC Hummer Frontal Aspect 2023 GMC Hummer Rear-Facing View
9
Photos

Related Cars

Back
To Top