National inventory for the Chevy Equinox crossover was running at a 15-day supply as of the beginning of September, GM Authority has learned from sources familiar with GM’s go-to-market situation. The optimal supply figure for the U.S. auto industry is generally considered to be 60 days. There are currently 12,000 units of the Chevy Equinox in transit.
Looking over the sales figures for H1 of the 2022 calendar year, we find the Chevy Equinox slotting into the second-place spot in the mainstream compact crossover segment with regard to sales volume, with 116,678 units sold in the first half of the year. Compared to the same time period in the 2021 calendar year, that figure is a decrease of 1.68 percent, with 118,666 units sold in H1 of 2021.
At the top of the segment is the Toyota RAV4 with 200,885 units sold in H1 of 2022, a 9.18 decrease in volume compared to the same time period in 2021 (221,195 units sold). Meanwhile, the Honda CR-V was a close third in the segment with 116,602 units sold, a 45.31-percent decrease in sales compared to H1 of 2021 (213,199 units sold).
Sales Numbers - Mainstream Compact Crossovers – H1 2022 - USA
| MODEL | Q2 22 SHARE | Q2 21 SHARE | YTD 22 / YTD 21 | YTD 22 | YTD 21 |
|---|---|---|---|---|---|
| TOYOTA RAV4 | 18% | 14% | -9.18% | 200,885 | 221,195 |
| CHEVROLET EQUINOX | 11% | 7% | -1.68% | 116,678 | 118,666 |
| HONDA CR-V | 11% | 16% | -45.31% | 116,602 | 213,199 |
| NISSAN ROGUE | 8% | 12% | -51.90% | 87,675 | 182,289 |
| HYUNDAI TUCSON | 8% | 7% | +0.66% | 84,071 | 83,517 |
| MAZDA CX-5 | 6% | 7% | -11.68% | 81,804 | 92,621 |
| FORD ESCAPE | 6% | 6% | -13.54% | 73,920 | 85,492 |
| SUBARU CROSSTREK | 5% | 4% | +9.09% | 70,050 | 64,214 |
| FORD BRONCO SPORT | 5% | 5% | -3.25% | 58,549 | 60,514 |
| KIA SPORTAGE | 7% | 4% | -1.91% | 52,356 | 53,374 |
| SUBARU FORESTER | 3% | 6% | -46.92% | 50,937 | 95,965 |
| GMC TERRAIN | 4% | 2% | +42.25% | 47,702 | 33,533 |
| VOLKSWAGEN TIGUAN | 4% | 5% | -40.56% | 38,728 | 65,153 |
| MITSUBISHI OUTLANDER | 2% | 1% | +118.30% | 23,303 | 10,675 |
| JEEP CHEROKEE | 2% | 4% | -71.18% | 19,357 | 67,158 |
| MITSUBISHI ECLIPSE CROSS | 0% | 0% | +31.07% | 5,712 | 4,358 |
| DODGE JOURNEY | 0% | 1% | -98.78% | 156 | 12,765 |
| TOTAL | -22.95% | 1,128,485 | 1,464,688 |
Notably, GM has raised prices for the 2022 Chevy Equinox several times this year, with GM Authority reporting on the third price increase in just two months back in July. The first price increase, which was applied in May, increased the crossover’s destination freight charge from $1,195 to $1,395, effectively making the Equinox $200 more expensive across the board. Then in early July, the crossover received a second price increase of $250, which was applied to the MSRP for all trim levels and configurations. Finally, later in July, GM applied a third price increase of $250 to the MSRP for all trim levels and configurations. As a result of these increases, the 2022 Chevy Equinox is now effectively $700 more expensive than when it first launched.
GM Authority recently uncovered pricing for the 2023 Chevy Equinox, which starts at $27,995 for the entry-level LS with front-wheel drive, including DFC.
As for the greasy bits, the Chevy Equinox draws motivation from the turbocharged 1.5L I4 LYX gasoline engine, which is rated at 170 horsepower and 203 pound-feet of torque. Under the body panels, the Equinox rides on the GM D2 platform, while production takes place at the GM San Luis Potosí plant and GM Ramos Arizpe plant, both of which are located in Mexico.
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Comments
No doubt that the Rav4 sells like it does because they offer it in all gas, hybrid and plug-in hybrid. Chevy needs the Equinox EV out now to make this an even playing field. But until then, the very average at best Rav4 will continue to top the sales charts because there’s just too many sheep in this world.
Please sell equinox units in the Philippines
This is good news, I need to replace my 2019 Nox in 23 before they switch the Equinox to all EV in 24.
Dan B quote me if I am wrong… But did you hear about the trouble Toyota is having with the RAV4 Hybrid it just had a major recall… No thanks give me the Equinox ICE or EV but not the complexity of a hybrid! That’s just my MO!
Chevy Man: I didn’t hear about it (yet at least). But it certainly wouldn’t surprise me. One thing that I know will become a huge problem with Toyota (if it’s not already) is the horrific noise the newer hybrids make. I’ve brought this up on here before. My neighbors have a Rav4 Hybrid (2 of them) and another in their family has a Highlander hybrid (yes, they are sheep for sure). Anyhow, they all make this gawd awful noise that sounds like a bad water pump. It’s the worst when backing up. I’ve been hearing this same sound with nearly every Toyota hybrid (newer than 2018) now and even a few Honda CRV hybrids as well.
It’s funny, because my 9 and 11 years old kids now know when the neighbors are coming home because we can hear them from two blocks away.
this is the CVT, or at least it sounds like the issue my friend has with his since new. the trans works fine, but is soundly a box of gravel is being mushed about. the Equinox Recalls are probably more life threatening. Badly cured tires causing tread separation and then the seat welds failing as you roll over when you lose control of the car.
JD a transmission should never ever make noise like a box of gravel… And a transmission problem is life threatening if you only have brakes to slow the car down… Please stop sticking up for Toyota they are not what they used to be years ago. Also the recall problems you mentioned are already being fixed by GM… read the other GM authority posts before you pass judgement! 👍
Are you talking about a loud humming sound? If so, that is now a legally required sound that all EV and hybrid vehicles are now required to make. This is because their engines are otherwise so silent, people (especially visually impaired people) don’t notice them and so may step in front of one.
If you’re talking about a different sound, then I have no answer.
Sure seems telling that even with fewer units screwed together outside of the US, they still cannot keep adequate inventory. couple that with US built Toyotas still outselling them even after a market decline.