December US auto sales: SAAR beat estimates; GM takes back the sales crown; Toyota, Ford edge up; Hyundai and Kia hit double-digit gains to end 2022

general enginesThe fourth quarter reported a 42 % improve in gentle car quantity and gross sales elevated 44 %, pushed by robust gentle truck deliveries. chevrolet42 % GMC and 75 % Cadillac. Buick was the one GM model to report decrease quantity, down 6.5 % within the final quarter of 2022, pushing the model’s declines for six consecutive quarters.

GM additionally reclaimed its title because the best-selling automaker in the US in 2022, with practically 150,000 items offered. Toyota Motor takes the crown Lengthy-time chief of the market by 2021, GM reported US deliveries final yr to 2.258 million, up 2.5 %, whereas Toyota Motor gross sales fell 9.6 % to 2.1 million.

GM stated U.S. supplier shares proceed to rise and have greater than doubled previously 12 months, closing December to 410,682 items, together with automobiles and lightweight vehicles, up from 359,292 on the shut of the third quarter and 199,662 on the finish. Your 2021.

December deliveries rose 3.5 % to six.6 % at Toyota Motor. toyota the half that compensates for the 16 % lower Lexus. Each manufacturers proceed to be hampered by the business’s lowest stock ranges, with Lexus gross sales falling for 11 consecutive months. Toyota, which has been the main model within the USA since April, misplaced the title to Ford in December with roughly 10,000 items.

Works at Ford Motor Co..December quantity elevated 3.3 %, behind positive factors of two.7 % within the Ford division and 17 % in Lincoln. The quantity 3 automaker within the US completed 2022 with 1.86 million items, down 2.2 %.

Ford stated U.S. gross sales of the F-Collection truck had been 653,957 items in 2022, making it America’s best-selling truck for 46 consecutive years and best-selling car for 41 consecutive years.

The corporate stated it accomplished 2022 with a gross stock of 398,000 automobiles and lightweight vehicles, up from 372,000 items on the finish of November and 247,000 by the tip of 2021, or 60 days of provides, 45 % of which was in transit.

stellantis stated fourth-quarter quantity slipped 16 %, behind an 18 % decline. chip39 % and 15 % at Chrysler data store. Dodge alone reported a 15 % gross sales achieve within the final quarter.

Quantity additionally fell 25 % or extra throughout the corporate’s two smaller manufacturers, Fiat and Alfa Romeo. Gross sales of FCA’s greatest manufacturers, Jeep and Ram, have fallen for six consecutive quarters. Stellantis’ general US deliveries fell 13 % in 2022.

Jeff Kommor, head of US gross sales for Stellantis’ FCA US division, cited “manufacturing restrictions and the disruption of elements and supplies typically” and “market circumstances carried over from 2021 to 2022” to negatively affect the corporate’s outcomes.

Honda Motor Company., nonetheless struggling to safe chips for key fashions to rebuild depleted inventory, stated December gross sales had been down 11 %. honda the break up fell 11 % and Acura 5.5 % low cost. The corporate’s 2022 gross sales fell 33 % final yr, the sharpest drop amongst main automakers. The corporate stated it began 2023 with roughly 44,000 new autos in supplier stock, informing sellers that shares will not return to regular ranges till the autumn of 2023 on the earliest.

“Like the remainder of the business, we’re not out of the woods with provide points but,” stated Mamadou Diallo, American Honda Motor Co.’s vice chairman of auto gross sales. That is the yr 2022 and the expectation that this may imply a wholesome improve in gross sales.”

Nissan Group’s fourth-quarter US gross sales fell 2 % to 191,012. Nissan Infiniti deliveries rose 24 %, because the model fell 3.6 % for the sixth quarter in a row.

Quantity elevated 40 % final month to a December report of 72,058. hyundai Motor America, with a 27 % improve in retail deliveries. Hyundai stated it was the fifth consecutive month of report retail gross sales, with industrial autos accounting for 74 % of retail gross sales quantity.

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