DETROIT– General Motors’ U.S. lorry sales increased 14.1% in 2015 to represent the car manufacturer’s finest year given that 2019, prior to the effects of the coronavirus pandemic and yearslong supply chain issues.
The Detroit car manufacturer on Wednesday reported sales of approximately 2.6 million lorries in 2023, consisting of 625,176 automobiles and trucks offered throughout the 4th quarter, approximately flat compared to a year previously.
The car manufacturer offered about 2.3 million lorries in 2022 and 2.9 million systems in 2019.
GM’s sales remain in line with expectations for total market sales: Edmunds anticipates industrywide sales to strike 15.5 million in 2023, which would be an approximately 14% boost compared to 2022.
GM stated it anticipates overall U.S. market sales to strike 16 million in2024 That would mark the greatest market sales given that more than 17 million systems in 2019.
“GM has tremendous momentum. We grew our market share in 2023, maintaining strong pricing and low incentives,” Marissa West, GM senior vice president and president of North America, stated in a release.
GM’s yearly sales boost was led by a 61% boost in its Buick brand name, followed by a 13.1% boost for its mainstream Chevrolet system. Sales at the GMC and Cadillac brand names were up approximately 9% each in 2023.
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