General Motors sold more vehicles last year than any other automaker in the U.S., as its Cadillac, Chevrolet and GMC brands, along with a major spike in fleet sales, pushed the company ahead of Toyota North America.
GM sold 2.274 million vehicles in the U.S. last year, the company said on Wednesday, a 3% increase over 2021. Toyotathe previous top seller, moved 2.108 million units, 9.6% fewer than it did the year before.
Steve Carlisle, the GM executive vice president and president for North America, offered a bullish 2023 outlook for Chevrolet which included predictions of growth in both its EV and internal combustion engine vehicles.
“GM is carrying strong momentum in North America into 2023. 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,” Carlisle said in a statement.
Toyota relinquished the title it held for year despite finishing 2022 with a flourish. During the fourth quarter, the automaker said it sold 536,740 vehicles, up 13.% from Q4, 2021, while December sales rose 3.5% with 180,147 units compared with the same month the previous year.
That wasn’t enough to hold off GM, which had a bit of kick in its step as the 2022 sales race hit its home stretch, recording fourth quarter sales of 623,261 cars and truck, a 41% increase over the final three months of 2021.
Within that mix, GM fleet sales soared 101% in Q4 up 44% for full-year 2022, representing 21% of all sales, the company reported.
Both companies had plenty to brag about, however, especially related to sales of battery electric and electrified vehicles, which includes hybrids.
While not releasing specific numbers, GM said the battery-electric Chevrolet Bolt EV and Bolt EUV “delivered best sales year ever.” The company did not include sales figures for other EV models.
Contributing to GM’s reclamation of the U.S. sales title were gains by its Cadillac and GMC brands. Cadillac saw a 75% sales spike during Q4, finishing 2022 with a full year increase of 14%.
The GMC brand enjoyed a 42% sales increase in the fourth quarter, recording a 7% sales boost for all of 2022.
For Toyota, its North American operations reported it sold 504,016 electrified vehicles last year in the U.S., representing almost 24% of its sales volume. That’s actually 13.7% fewer than it sold in 2021.
Broken down between the Toyota and luxury Lexus brands, last year Toyota sold 448,854 electrified vehicles, representing 24.3% of total sales volume, while Lexus moved 55,162 electrified vehicles accounting for 21.3% of total sales volume, a division record, the company said.
“In 2022, we further solidified our leadership position in electrified vehicles, and through our 20 electrified options, we’re giving customers a choice that fits their lifestyle and needs,” said Jack Hollis, executive vice president, Sales, TMNA
While GM released only a summary Wednesday, the company is scheduled to post complete 2022 and fourth quarter sales and financial results on January 31.