The 2024 Buick Envista.
GM
DETROIT — General Motors’ U.S. vehicle sales increased 14.1% last year to represent the automaker’s best year since 2019, prior to the effects of the Covid-19 pandemic and yearslong supply chain problems.
The Detroit automaker on Wednesday reported sales of roughly 2.6 million vehicles in 2023, including 625,176 cars and trucks sold during the fourth quarter, roughly flat compared to a year earlier.
The automaker sold about 2.3 million vehicles in 2022 and 2.9 million units in 2019.
GM’s sales are in line with expectations for overall industry sales. Edmunds expects industrywide sales to hit 15.5 million in 2023, which would be a roughly 14% increase compared to 2022.
GM said it expects total U.S. industry sales to hit 16 million in 2024. That would mark the highest industry sales since more than 17 million units in 2019 and the high end of industry analyst forecasts.
“GM has tremendous momentum. We grew our market share in 2023, maintaining strong pricing and…
2024-01-03 12:20:06
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