07-01-2022, 08:08 AM | #1 |
General Motors Aficionado
Drives: 2023 GMC Canyon, 2020 Colorado Join Date: Aug 2008
Location: Florida
Posts: 37,371
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GM Q2 2022 Sales Down 15.4%; 582,401 Units Sold
GM Continued to Gain U.S. Market Share and Extended its Truck Leadership in the Second Quarter
General Motors July 1, 2022
DETROIT – General Motors Co. (NYSE: GM) sold 582,401 vehicles in the United States in the second quarter of 2022 and the company increased its sales and market share sequentially for the third consecutive quarter. GM’s second quarter sales were down 15% year over year, but market share was up 1 point to an estimated 16.3% (J.D. Power PIN). “GM’s sales and market share have grown each of the last three quarters, even with lingering supply chain disruptions,” said Steve Carlisle, GM executive vice president and president, North America. “Our long-term momentum will continue to build thanks to the launches of groundbreaking new EVs like the GMC HUMMER EV and Cadillac LYRIQ, and the tremendous customer response to the Chevrolet Silverado and GMC Sierra.” Second Quarter Sales Highlights
Production, Delivery and Inventory Updates GM vehicle production was strong during the second quarter and the company finished the month with 247,839 vehicles in dealer inventory, including units in-transit to dealers. However, GM’s second quarter vehicle wholesale volumes were impacted by the ongoing semiconductor supply shortage and other supply chain disruptions mostly in June. As a result, GM will hold about 95,000 vehicles manufactured without certain components in company inventory until they are completed and will recognize revenue when they are sold to dealers, which is expected to happen throughout the second half of 2022. The impact of these events, which is not expected to impact GM’s full-year earnings guidance, is discussed in an SEC Form 8-K filed today. “We appreciate the patience and loyalty of our dealers and customers as we strive to meet significant pent-up demand for our products, and we will work with our suppliers and manufacturing and logistics teams to deliver all the units held at our plants as quickly as possible,” said Carlisle.
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2023 GMC Canyon Elevation 2020 Chevrolet Colorado W/T Extended Cab (State-issued) |
07-01-2022, 01:53 PM | #2 |
Drives: 2011 2SS/RS LS3 Join Date: Nov 2011
Location: Torrance
Posts: 14,416
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So where are the Sales and Delivery PDF files and charts? Where are the actual numbers of each gm/GM model? (Or is it just all spin from here on out?)
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07-01-2022, 02:07 PM | #3 |
Recalled user
Drives: '12 Camaro SS, '18 Colorado Z71 Join Date: Mar 2009
Location: Richmond, VA
Posts: 3,412
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Hey Chevrolet Malibu up 563%, what more do you want?
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2012 2SS 45th AE LS3 M6 Borla ATAK Catback Kooks Stepped LT Headers CAI Intake Hexvents VMAX CNC Ported Throttle Body RX Catch Can Hurst Short Throw Shifter Pfadt ZL-Spec Stage 3 Suspension Forgestar F14 Tuned by Frost |
07-03-2022, 11:27 AM | #4 |
Drives: 2011 2SS/RS LS3 Join Date: Nov 2011
Location: Torrance
Posts: 14,416
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