General Motors Retains Top Spot in U.S. Auto Sales for Second Quarter
In a display of enduring market strength, General Motors has once again emerged as the leading automaker in the United States for the second quarter of the year. The company’s performance was buoyed by strong consumer demand for its pickup trucks and SUVs.
The automaker reported sales of 714,896 vehicles for the quarter, which marks a 4.2% decline. This decrease is attributed to the shrinking electric vehicle (EV) market, the discontinuation of some models, and inventory challenges.
“Our business is performing well, and customer demand is resilient, especially for our trucks and SUVs. The depth, breadth and appeal of our vehicle portfolio allows us to lead the market in sales, while maintaining discipline on inventory, pricing and incentives to deliver strong margins.” – Duncan Aldred, GM President of North America.
Despite these challenges, GM maintained its dominance in the full-size pickup and large SUV categories. It also held its position as the second-largest EV seller in the U.S. The company continues to offer six Chevrolet and Buick models with starting prices around $30,000 or less1.
Key Highlights
- GMC achieved record sales for the Sierra in the second quarter and for the Canyon in the first half of the year.
- Chevrolet’s SUV segment recorded its best second-quarter sales to date, driven by a 28% increase in Trailblazer sales and a 20% rise in Traverse sales. The Corvette also saw a 24% increase in sales.
- Buick’s Envista had its best quarter ever, while the Enclave reported its strongest quarter since 2021.
- Cadillac enjoyed its best second quarter for EV sales, led by models like OPTIQ and VISTIQ. The V-Series also set records for both the quarter and the first half of the year.
- GM led the industry in fleet sales for both the second quarter and the first half of the year, driven by robust demand for trucks from commercial clients.
1Manufacturer’s Suggested Retail Price includes destination freight charge. Tax, title, license, dealer fees, and optional equipment not included. Dealer sets final price.
Explore more on GM’s second-quarter sales here: More on GM second-quarter sales
Original Story at news.gm.com