Chevy Colorado Sales Jumped 92 Percent During Q3 2022

Chevy Colorado sales increased in the United States, Canada, Mexico, and Chile, but decreased in South Korea, during the third quarter of 2022.

Chevrolet Colorado Sales - Q3 2022 - United States

In the United States, Chevrolet Colorado deliveries totaled 24,405 units in Q3 2022, an increase of about 92 percent compared to 12,696 units sold in Q3 2021.

In the first nine months of the year, Colorado sales increased about 33 percent to 68,595 units.

Chevrolet Colorado Sales - Q3 2022 - Canada

In Canada, Chevrolet Colorado deliveries totaled 2,173 units in Q3 2022, an increase of about 81 percent compared to 1,202 units sold in Q3 2021.

In the first nine months of the year, Colorado sales increased about 21 percent to 5,438 units.

Chevrolet Colorado Sales - Q3 2022 - South Korea

In South Korea, Chevrolet Colorado deliveries totaled 584 units in Q3 2022, a decrease of about 68 percent compared to 1,816 units sold in Q3 2021.

In the first nine months of the year, Colorado sales decreased about 30 percent to 2,251 units.

Chevrolet Colorado Sales - Q3 2022 - Mexico

In Mexico, Chevrolet Colorado deliveries totaled 379 units in Q3 2022, an increase of about 14 percent compared to 332 units sold in Q3 2021.

In the first nine months of the year, Colorado sales increased about 43 percent to 1,045 units.

Chevrolet Colorado Sales - Q3 2022 - Chile

In Chile, Chevrolet Colorado deliveries totaled 1,184 units in Q3 2022, an increase of about 219 percent compared to 371 units sold in Q3 2021.

In the first nine months of the year, Colorado sales increased about 69 percent to 2,932 units.

Chevrolet Colorado Sales - Q3 2022 - Colombia

In Colombia, Chevrolet Colorado deliveries totaled 452 units in Q3 2022, an increase of about 35 percent compared to 335 units sold in Q3 2021.

In the first nine months of the year, Colorado sales increased about 29 percent to 1,087 units.

Competitive Sales Comparison (USA)

Chevy Colorado sales during the third quarter of 2022 kept the midsize pickup in second place in its segment when ranked by sales volume. The Toyota Tacoma continued in first despite a 10 percent decrease in sales to 67,224 units, while the Colorado stayed in second place with a segment-leading 92 percent jump to 24,405 units. The Jeep Gladiator remained in third with a five percent slip to 21,511 units, while the Nissan Frontier stayed in fourth with a 13 percent bump to 13,187 units. The Ford Ranger (see running Ford Ranger sales) remained in the fifth spot with a 13 percent decline to 12,453 units, followed by the Colorado’s corporate cousin, the GMC Canyon (see running GMC Canyon sales), rounding out the set with a 41 percent rise to 7,750 units.

Sales Numbers - Midsize Mainstream Pickup Trucks - Q3 2022 - USA

On a segment share basis, the Colorado earned a 17 percent share, up a healthy seven percentage points. The Tacoma held a dominant 46 percent segment share, down two percentage points. The Gladiator posted a 15 percent share, down three percentage points, while the Frontier maintained a nine percent share. The Ranger held an eight percent share, down two percentage points. Finally, the Canyon posted a five percent share, up one percentage point.

Sales Numbers - GM Midsize Mainstream Pickup Trucks - Q3 2022 - USA

Sales of GM’s two midsize pickups, the Chevy Colorado and GMC Canyon, combined for 32,155 deliveries. That solidifies The General’s second place position by sales volume with a cumulative 22 percent segment share, though the automaker moved less than half of the Tacoma’s units.

The midsize mainstream pickup truck segment grew 14 percent to 146,530 units in Q3 2022, meaning Colorado sales significantly outperformed the segment average.

Below, we provide Honda Ridgeline sales for informational purposes, as the model straddles the midsize and full-size pickup truck segments.

Sales Numbers - Honda Ridgeline - Q3 2022 - USA

The GM Authority Take

Chevy Colorado sales remained in second place during the third quarter of 2022, as availability (inventory) continued to improve through production at the GM Wentzville plant in Missouri – where both the Colorado and Canyon are built.

As recently as June, Colorado supply across the United States remained low at just eight days, compared to a mere six days in early May. That followed just nine days as of the beginning of March, preceded by 15 days in November 2021, and seven days in September 2021. As a reminder, a 60-day supply is considered optimal in the U.S. auto industry.

Production was initially scheduled to end on October 14^th, with the last orders due in July. That, however, was extended to October 20^th for the last order cycle, while the final production date being extended by two months to December 23^rd.

Meanwhile, GM debuted the 2023 Chevy Colorado at the end of July, bringing to the forefront an all-new, third-generation model. It features a new powertrain and plenty of on-board technology in a totally revised interior. It is packaged in a redesigned body riding on an updated platform, resulting in a more refined truck that is also more capable off-road. The new truck is available in five trim levels – WT, LT, Z71, ZR2, ZR2 with the Desert Boss package, and the first-ever Trail Boss, which was formerly offered as a package on some model years of the second-gen Colorado.

While a few components of the all-new model carry over from the current model, including some of the frame and cab structure, just about everything else was overhauled, including the sheetmetal, propulsion, and interior. Under the hood of the 2023 Chevy Colorado resides one engine – the turbocharged 2.7L I-4 gasoline engine, in three states of tune. The tunes range from 237 to 310 horsepower and from 259 pound-feet of torque to 390 and 430. As first reported by GM Authority, the base turbocharged 2.7L I4 engine will receive the L2R RPO Code while the two up-level tunes will carry the familiar L3B designation.

Gone for the 2023 model year are the three engines offered on the 2022 models, including the atmospheric 2.5L I4 LCV gasoline engine, atmospheric 3.6L V6 LGZ gasoline engine, and 2.8L I4 LWN turbodiesel Duramax. A second-generation eight-speed automatic transmission will handle cog swaps.

The new truck will offer a vast range of available accessories, with Chevy set to offer over 200 individual parts and components from the Chevrolet Accessories catalog.

Production for most variants of the 2023 Chevy Colorado will commence on January 25^th, 2023, while production of the 2023 Chevy Colorado ZR2 will kick off in April of the 2023 calendar year.

With the current Chevy Colorado, a competitive but relatively outdated product, holding second place with a healthy 92 percent jump in sales, the all-new, next-gen midsize truck should boost Colorado sales even higher when it arrives in the first half of 2023, given that production and supply can keep up with demand. GM has bet on just that with a $1 billion investment in the Wentzville plant specifically for the next-gen Colorado and Canyon.

About The Numbers

• All percent change figures compared to Chevy Colorado sales for Q3 2021, except as noted
• In the United States, there were 77 selling days for Q3 2022 and 77 selling days for Q3 2021
• GM Q3 2022 sales reports:
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