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GM reclaims title as America's top automaker after a 2.5% jump in sales last year - TL;DR CNBC

GM reclaims title as America's top automaker after a 2.5% jump in sales last year

Publishing timestamp: 2023-01-04 16:08:27


Summary

General Motors reclaimed its U.S. sales crown from Toyota Motor in 2022, selling 2.27 million vehicles in the U.S. Toyota sold 2.1 million vehicles in the U.S. last year, down 9.6% from 2021. GM was able to manage supply chain problems better than others and achieved record U.S. sales of 38120 Chevrolet Bolt EV and EUV models in 2022. GM's future may be EVs, but its present is large, gas-guzzling pickup trucks and SUVs. Ford's F-Series has been America's bestselling truck for 46 consecutive years and bestselling vehicle for 41 years.


Sentiment: POSITIVE

Tickers: F7203.T-JPGMTM

Keywords: united statestoyota motor corpford motor cobusinessdetroitautosbusiness newsgeneral motors cotransportationbreaking news: business

Source: https://www.cnbc.com/2023/01/04/general-motors-gm-sales-q4-2022.html


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