GM, the U.S. market’s longtime sales leader up until 2021, reported U.S. deliveries of 2.258 million last year—up 2.5 per cent—while Toyota’s deliveries added up to 2.1 million, down 9.6 per cent.
Stellantis; Nissan, and Honda continue to contend with short inventories and supply issues. Hyundai and Kia capped a year of U.S. market share gains with double-digit sales gains in December as industry stockpiles continued to recover last month, even amidst rising interest rates and new-vehicle prices. GM, driven by strong light-truck deliveries, reported a 42-per-cent increase in fourth-quarter light-vehicle volume, with sales rising 44 per cent at Chevrolet; 42 per cent at GMC, and 75 per cent at Cadillac. (Ford Motor Company data was not available at publication time)
