U.S. GM Sales Up 24 Percent In Third Quarter 2022

GM sales increased by 24 percent to 555,580 units during the third quarter of 2022 in the United States market. Sales increased at the Chevrolet, Cadillac and GMC brands, while decreasing at Buick.

“The design, technology and manufacturing investments we have made are helping us meet strong customer demand for our products, and they’ve translated into sales leadership in some of the industry’s most important segments,” said Steve Carlisle, GM executive vice president and president, GM North America. “We are being very intentional in the way we are executing our EV strategy to position the company for the same kind of success that we’ve earned with today’s pickups and SUVs, and with supercars like the Chevrolet Corvette,” he added.

GM Sales Notes – U.S. Q3 2022

  • Total GM sales during Q3 2022 increased 24 percent to 555,580 units
  • GM ended the third quarter with 359,292 vehicles in dealer inventory, including units in-transit, an increase of 111,453 units from the previous quarter and nearly three times the inventory available at the end of the third quarter of 2021
    • GM and its dealers were able to translate improved semiconductor supplies, stable production and improvements in dealer inventory into a nearly three-point improvement in retail market share year-over-year, as well as significant sales gains in the commercial fleet market according to J.D. Power PIN
    • Inventory turn rates remain quick, bolstered by GM software that helps dealers identify and order the most in-demand vehicle configurations, as well as new tools to track the status of in-bound orders
  • Chevy Silverado HD and GMC Sierra HD sales have surged since GM added additional manufacturing capacity
    • GM sold more full-size pickups than Ford in 2020 and 2021, and is on track to do so again in 2022, outselling Ford during the first nine months of 2022
  • Total sales of the Chevy Colorado and GMC Canyon rose sharply in the third quarter, and all-new models will soon arrive in dealer showrooms for the 2023 model year
  • The Chevy Bolt EV and Bolt EUV totaled 14,709 units combined, representing record quarterly sales
    • In response to unprecedented customer demand, GM plans to increase calendar-year production for global markets from approximately 44,000 vehicles in 2022 to more than 70,000 in 2023
  • The Chevy Tahoe and Suburban and GMC Yukon and Yukon XL earned close to 70 percent of the retail market for full-size SUVs during the third quarter
  • The breadth of GM’s product lineup, especially customer demand for the Chevy Silverado, Tahoe, Bolt EV and Bolt EUV, Equinox and Express helped the automaker increase sales significantly in the commercial fleet segment calendar year to date. Total fleet deliveries were up 66 percent in the third quarter versus a year ago

Brand & Model Sales

Chevrolet sales increased 29.5 percent to 372,873 units:

Cadillac sales increased 49.5 percent to 33,672 units:

Buick sales decreased 27.4 percent to 28,523 units:

GMC sales increased 23.9 percent to 120,512 units:

Chevrolet Silverado Sales Detail - Q3 2022 - USA

ModelQ3 2022 / Q3 2021Q3 2022Q3 2021YTD 2022 / YTD 2021YTD 2022YTD 2021
Total-4.8%117,198123,067-8%381,337414,389
Silverado LD-27.9%63,62988,306-21.3%233,190296,286
Silverado HD+57.7%51,33432,550+27.3%141,289110,980
Silverado MD+1.1%2,2352,211-3.7%6,8587,123

GMC Sierra Sales Detail - Q3 2022 - USA

ModelQ3 2022 / Q3 2021Q3 2022Q3 2021YTD 2022 / YTD 2021YTD 2022YTD 2021
Total-4.9%50,16952,774-11.5%169,107191,186
Sierra LD-28%27,11437,637-28.6%97,452136,534
Sierra HD+52.3%23,05515,137+31.1%71,65554,652

During the first nine months of the 2022 calendar year, U.S. GM sales decreased seven percent to 1,650,827 units.

Sales Results - Q3 2022 - USA - Chevrolet

MODELQ3 2022 / Q3 2021Q3 2022Q3 2021YTD 2022 / YTD 2021 YTD 2022YTD 2021
BLAZER+67.03% 17,51110,484+0.55%50,615 50,339
BOLT EUV+377.53% 11,1792,341+476.96%15,849 2,747
BOLT EV+62.37% 3,5302,174-72.06%6,163 22,056
CAMARO+52.26% 7,9225,203+27.13%19,177 15,084
COLORADO+92.23% 24,40512,696+33.05%68,595 51,555
CORVETTE-21.91% 7,93910,166+2.55%25,380 24,748
EQUINOX+43.77% 46,64632,444+8.08%163,324 151,110
EXPRESS+109.23% 14,9817,160-0.17%36,528 36,589
LOW CAB FORWARD-17.97% 1,3691,669+2.20%4,232 4,141
MALIBU+7,940.59% 21,630269+148.17%79,799 32,155
SILVERADO-4.77% 117,198123,067-7.98%381,337 414,389
SPARK+67.77% 6,2883,748-54.68%10,426 23,007
SUBURBAN+40.53% 13,5859,667+2.12%34,906 34,183
TAHOE+22.24% 29,58524,202-0.69%74,633 75,148
TRAILBLAZER-31.89% 17,38825,531-43.26%41,932 73,898
TRAVERSE+135.79% 25,38810,767-26.01%69,694 94,198
TRAX+1.12% 6,3296,259-47.02%21,882 41,306
CHEVROLET TOTAL+29.50% 372,873287,925-3.88%1,104,488 1,149,030

Sales Results - Q3 2022 - USA - Cadillac

MODELQ3 2022 / Q3 2021Q3 2022Q3 2021YTD 2022 / YTD 2021 YTD 2022YTD 2021
CT4+178.42% 2,581927+21.07%7,091 5,857
CT5+268.81% 2,991811+37.57%10,505 7,636
ESCALADE-2.19% 6,1116,248-6.93%17,938 19,274
ESCALADE ESV-0.90% 3,8423,877+1.50%11,741 11,567
LYRIQ* 36**36 0
XT4+929.63% 5,838567+75.45%14,971 8,533
XT5+31.86% 7,2605,506-23.97%18,894 24,852
XT6+9.43% 5,0134,581-18.79%14,392 17,722
CADILLAC TOTAL+49.53% 33,67222,519-0.35%95,591 95,925

Sales Results - Q3 2022 - USA - Buick

MODELQ3 2022 / Q3 2021Q3 2022Q3 2021YTD 2022 / YTD 2021 YTD 2022YTD 2021
ENCLAVE+3.69% 7,9047,623-31.56%22,814 33,336
ENCORE-13.09% 3,4874,012-41.71%11,231 19,267
ENCORE GX-40.45% 9,82516,500-60.29%24,296 61,179
ENVISION-34.54% 7,30711,162-51.01%18,208 37,164
BUICK TOTAL-27.42% 28,52339,299-49.28%76,598 151,010

Sales Results - Q3 2022 - USA - GMC

MODELQ3 2022 / Q3 2021Q3 2022Q3 2021YTD 2022 / YTD 2021 YTD 2022YTD 2021
ACADIA+52.33% 14,4069,457-29.83%39,072 55,679
CANYON+41.45% 7,7505,479+19.15%21,411 17,970
HUMMER EV PICKUP* 411**782 0
SAVANA+291.92% 8,6812,215+36.75%18,469 13,506
SIERRA-4.94% 50,16952,774-11.55%169,107 191,186
TERRAIN+80.96% 17,9179,901+51.08%65,619 43,434
YUKON+17.31% 12,59110,733-5.55%34,924 36,975
YUKON XL+28.26% 8,5876,695+8.13%24,620 22,768
GMC TOTAL+23.91% 120,51297,254-1.97%374,004 381,518

Sales Results - Q3 2022 - USA - GM Totals

BRANDQ3 2022 / Q3 2021Q3 2022Q3 2021YTD 2022 / YTD 2021 YTD 2022YTD 2021
CHEVROLET TOTAL+29.50% 372,873287,925-3.88%1,104,488 1,149,030
CADILLAC TOTAL+49.53% 33,67222,519-0.35%95,591 95,925
BUICK TOTAL-27.42% 28,52339,299-49.28%76,598 151,010
GMC TOTAL+23.91% 120,51297,254-1.97%374,004 381,518
GM USA TOTAL+24.29% 555,580446,997-7.13%1,650,681 1,777,483

About The Numbers

  • All percent change figures compared to GM sales for Q3 2021, unless noted otherwise
  • There were 77 selling days during Q3 2022 and 77 selling days during Q3 2021

Further Reading & Sales Reporting

Deivis is an engineer with a passion for cars and the global auto business. He is constantly investigating about GM's future products.

Deivis Centeno

Deivis is an engineer with a passion for cars and the global auto business. He is constantly investigating about GM's future products.

View Comments

  • " 'The design, technology and manufacturing investments we have made are helping us meet strong customer demand for our products, and they’ve translated into sales leadership in some of the industry’s most important segments,” said Steve Carlisle' "

    And:

    "Sales increased at the Chevrolet, Cadillac and GMC brands, while decreasing at Buick."

    In other words, we don't give a rats behind about cars/sedans and even though Buick is literally dying on the vine, that's ok because the other brands are thriving. In another article on GMA a few weeks ago, they claimed that Buick is not seeing the past/current sedan owners in their showrooms buying the crossovers. Hmm.

    Simple solution: in order to keep the Malibu alive, keep the plant going with more work while actually giving Buick something more than another box on wheels, give Buick a Regal version of the Malibu. Then give them a version of the Cadillac CT4 and/or CT5. Everyone wins and the first line of this article could easily have said "sales increased at Chevrolet, Cadillac, GMC and Buick."

    • I will say in my experience, it's true about Buick. Buick used to be the "old person car" you would get stuck behind. Now "the old person car" is a Honda CRV or similar CUV. Almost every old lady here has one and you can't go anywhere without getting stuck behind her.

    • Give Buick a RWD platform shared with GMC for both a car and crossover. Let Chevy have the FWD Chinese platform.

      • They definitely need to give Buick a full lineup, not just crossovers copied at different scales. That said, I do like the Envision's design a lot. I'm surpirsed they never gave Buick a version of the Tahoe/Suburban as a different taste, let Chevy by the budget option, GMC be the offroad option, Cadillac the Sporty, edgy design and Buick be about luxury, elegance, comfort. They do need Sedans too, A slightly smaller Malibu like the 2010-2017 Regal vs 2013-2015 Malibu, and a more premium CT5 platform mate, and then stretch it and call it a Roadmaster, give it the 2.7T, a 6.2 option and the 3.0L Duramax and it will sell.

      • SwingAndMiss: Not sure what you are talking about. The Malibu is an American brand, by an American company and assembled in the USA. It's one of the main reasons I got mine. Buick doesn't need anything from GMC that is truck based. They are already failing to maintain market share let alone increase it. Plus, Buick mostly shares showrooms with GMC already.

        Giving Buick a Regal based on the Malibu would be easier and make perfect sense. Plus, GM already has the RWD/AWD platform with the Cadillac CT4/CT5. Again, it would be easier and faster for them to utilize those for a higher end Buick sedan while still offering something from an American company that is assembled in the USA. Like I said above, a win-win for all. They just need to make that decision that Buick shouldn't be an SUV only brand.

          • Ok then. And I thought I was bad.

            You do realize that weather you or I like it, it's now a world market and R & D (by all brands) is done all over the world, don't you? Yes, I prefer my vehicles to be GM and assembled in the USA. But my second choice is GM assembled at one of their factories in a partner country. I also dislike Japanese brands, even if they are assembled in the USA. But even I wouldn't take it that far.

        • Previous 2 Malibu sedans were based on Regal AKA Opel Insignia. China will certainly need another Regal so this is an easy design.
          Since 2008 they've really just been variants on the same platform with Buick getting better struts.
          But CV k is dying and we are far from a GM renaissance

  • Sales up over very weak Q3 in 2021. Sales down from Q2 2022. Lyric Q4 sales to be up on Q3, which was only 36 vehicles.

    All very disappointing in my view. It will be interesting to hear what they have to say at their earnings release.

  • Nice sales numbers from GM! Good to see the Bolt moving metal. Malibu sales rocketing upwards as more cars become available in this time of high fuel prices. Cadillac not doing badly either. Troubling numbers for the Trailblazer, dont know whats happening there with that small CUV. Nearly the whole Buick lineup is suffering sales loss, couldn't be people want sedans again?

  • A 37% increase of a small number is still a small number. There’s still almost no inventory here in my free red state. I stopped by a local dealer on the Saturday before last and he had 3 Silverados on the lot, 2-1500’s and 1-2500 and 5 more in transit. Half were 4 bangers that no one wants.

  • A 24% increase of a small number is still a small number. I visited a local dealer two Saturdays ago and he had 3 Silverados with 5 more in transit, half were 4 bangers that no one wants.

    • I am guessing that the 2023 Colorado sales will be high and will take those highly capable 2.7L turbo production.

      If I was in the market for a Silverado 1500 a tan Custom Trail Boss with the 2.7L turbo would suffice. I really can't argue against a 310hp/430ft/lb mill if the 5.3L V8 isn't available or too expensive.

  • Check on https://www.buick.com.cn/lacrosse
    The Buick LaCrosse is still based on the Malibu architecture (extended base - E2LB), just as Dan B suggests, and it is a very nice car
    This is what it reads in their front web page advertisement:
    The 652T model is equipped with a 2.0T variable cylinder turbocharged engine, which has surging power and agile response.
    The 552T model is equipped with a 1.5T SIDI turbocharged engine which achieves a high balance between fuel economy and strong power.
    The whole series comes standard with a 9-speed Hydra-Matic intelligent transmission which has become a model of efficient power
    The Regal is the short base (E2SB) and has the same powertrain options.
    Even look at the Verano, based on the GEM architecture, looks nice. It has the 1.5T + CVT.
    Sorry to say it but the Chinese folks have done an amazing job in "sticking to the brand" that was given by GM North America back in the 90's. They have given the customer respect every step of evolution and now it is almost a brand of its own. It would not surprise me that soon it will only be marketed in China.