U.S. inventory for the Chevy Equinox improved in the beginning of January 2023, GM Authority has learned from sources familiar with GM’s go-to-market plans.
Approximately 17,500 Chevy Equinox units were already on the ground (at dealers) as of January 1st, with an additional 11,000 units of the compact crossover in transit to dealerships.
For months, inventory of the Chevy Equinox at dealerships has been significantly below the 60 days supply considered optimal. Dealerships had a 15-day supply at the beginning of September 2022 with 12,000 units in transit.
Those figures stood at a 13-day supply in early October and 10,000 units in transit. Inventory on the ground reached 12,700 Chevy Equinox units with 14,000 more in transit to dealers by late November. The supply situation has been negatively affected initially by COVID-19 and the ensuing parts shortages, including but not limited to the well-publicized microchip shortage.
The Equinox is Chevy’s second best-selling nameplate in the United States behind the popular Silverado pickup range. During the 2022 calendar year, Equinox sales increased 28 percent to 212,072 units, outpacing Chevy’s average growth rate of 6 percent for the year.
Sales Results - Q4 2022 - USA - Chevrolet
|MODEL||Q4 2022 / Q4 2021||Q4 2022||Q4 2021||YTD 2022 / YTD 2021||YTD 2022||YTD 2021|
|LOW CAB FORWARD||+1.19%||1,532||1,514||+1.93%||5,764||5,655|
Consumer Reports rated the 2023 Equinox as “recommended” in December 2022, giving the crossover 67 out of 100 points.
As a reminder, GM Authority reported 2023 Chevy Equinox pricing information back in September. Starting MSRPs range from $27,995 for the base LS trim with front-wheel drive to $34,795 for the range-topping Premier trim with all-wheel-drive (AWD). The turbocharged 1.5L I4 LYX gasoline engine, rated at 170 horsepower and 203 pound-feet of torque, is the only powertrain option no matter the trim level.
As a reminder, the 2022 model year Chevy Equinox brought the current generation’s mid-cycle refresh, while the 2023 Equinox saw only a few minor changes. Looking toward the future, GM will overhaul the Equinox for the 2025 model year.
GM Authority spies captured camouflaged 2025 Chevy Equinox prototypes several times in recent months. The latest photos, captured in late December 2022, gave us our best look yet at the design updates in store for the Equinox, despite the prototype wearing a healthy amount of concealing body camo. Regardless, we see a revised front end with Chevy’s dual-tier headlight configuration integrated into a reworked front fascia. The overall shape appears to be more blocky and rugged, potentially taking cues from the highly-popular Chevy Trailblazer subcompact crossover.