Chevy Silverado Sales Retake Second Place During Q4 2022

Chevy Silverado sales increased in the United States, Canada, and Mexico during the fourth quarter of 2022.

Chevrolet Silverado Sales - Q4 2022 - United States

In the United States, Chevrolet Silverado deliveries totaled 141,912 units in Q4 2022, an increase of about 23 percent compared to 115,376 units sold in Q4 2021.

During the complete 2022 calendar year, Silverado sales decreased about 1 percent to 523,249 units.

• Silverado 1500 (light duty) sales increased 8.3 percent to 91,413 units
• Silverado Heavy Duty (2500 HD and 3500 HD) sales increased 69 percent to 47,462 units
• Silverado Medium Duty (4500 HD, 5500 HD and 6500 HD) sales increased 5.9 percent to 3,037 units

Chevrolet Silverado Sales Detail - Q4 2022 - USA

Model	Q4 2022 / Q4 2021	Q4 2022	Q4 2021	YTD 2022 / YTD 2021	YTD 2022	YTD 2021
Total	+23%	141,912	115,376	-1.2%	523,249	529,765
Silverado LD	+8.3%	91,413	84,429	-14.7%	324,603	380,715
Silverado HD	+69%	47,462	28,079	+35.7%	188,751	139,059
Silverado MD	+5.9%	3,037	2,868	-1%	9,895	9,991

Chevrolet Silverado Sales - Q4 2022 - Canada

In Canada, Chevrolet Silverado deliveries totaled 11,355 units in Q4 2022, an increase of about 13 percent compared to 10,049 units sold in Q4 2021.

During the complete 2022 calendar year, Silverado sales increased about 3 percent to 53,281 units.

Chevrolet Silverado Sales - Q4 2022 - Mexico

In Mexico, Chevrolet Silverado deliveries totaled 3,381 units in Q4 2022, an increase of about 119 percent compared to 1,541 units sold in Q4 2021.

During the complete 2022 calendar year, Silverado sales increased about 27 percent to 9,797 units.

Competitive Sales Comparison (USA)

Chevy Silverado sales during the fourth quarter of 2022 saw the Bow Tie brand’s full-size truck line regain second place in its segment. The Ford F-Series (see running Ford F-series sales) remained at the top with a two percent slip in sales to 186,650 units, while the Silverado followed in second with a 23 percent bump to 141,912 units. The Ram Pickup slipped to third with a 22 percent slide to 105,255 units. The GMC Sierra (see running GMC Sierra sales), the Silverado’s corporate cousin, took fourth with a 25 percent bump to 72,415 units. The Toyota Tundra followed in fifth with a 75 percent jump to 29,727 units.

Starting with this quarter, we’ve added a couple of EV entries, the GMC Hummer EV Pickup and Rivian R1T all-electric pickup, to compliment the all-electric Ford F-150 Lightning, sales of which are already combined with those of Ford’s ICE models. The Rivian actually outsold the Nissan Titan, moving 3,900 units to take sixth place, while the Titan placed seventh with a 44 percent drop in sales to 2,576 units. While the Titan received a slight refresh for the 2020 model year, it will not be redesigned at the end of the current generation’s lifecycle, around 2025. Meanwhile, the next-generation 2022 Toyota Tundra started hitting dealer lots in late 2021, and seems to be gaining some traction, though not enough to make a dent. If nothing else, the Tundra appears to be taking sales from the nearly-deceased Titan. The GMC Hummer EV Pickup fills out the list with just 72 deliveries.

Full-Size Pickup Truck Sales - Q4 2022 - USA

• F-Series line item includes the F-150 ICE models, the all-electric Ford F-150 Lightning, as well as the Super Duty line of heavy-duty trucks.
• Rivian R1T sales represent estimates, not actual deliveries.

From a segment share standpoint, the Silverado held a 26 percent share, up four percentage points year-over-year. The F-Series posted a 34 percent segment share, down three percentage points. The Ram Pickup held a 19 percent share, down a segment-worse seven percentage points, followed by the Sierra with a 13 percent share, up two percentage points. The Tundra posted a five percent share, up two percentage points, and the Rivian held a one percent share. The Titan’s and Hummer EV Pickup’s share were both nil.

Combining the Chevy Silverado along with the GMC Sierra and Hummer EV Pickup gives GM a segment-leading share of 39 percent with 214,399 deliveries, making The General once again the best-selling manufacturer of full-size pickups in America.

GM Full-Size Pickup Truck Sales - Q3 2022 - USA

For informational purposes, we have provided Honda Ridgeline sales below, as the model straddles the midsize and full-size pickup truck segments, making more deliveries than the bottom three entries combined.

Honda Ridgeline Sales - Q4 2022 - USA

Overall, the full-size pickup segment grew four percent to 542,507 units, meaning that Chevy Silverado sales slightly outperformed the segment average.

The GM Authority Take

Chevy Silverado sales were healthy during Q4 2022 for GM’s best-selling vehicle, helping The General regain the crown for overall full-size pickup truck sales.

GM gave the Chevy Silverado 1500 a thorough refresh for the 2022 model year that addressed most, if not all, of the criticisms of the pre-refresh model. Updates include a revised front fascia, a completely overhauled interior with new center stack that includes a 13.4-inch infotainment screen, a new center console, new 12.3-inch digital gauge cluster, and the latest tech. The range-topping High Country model, for instance, offers GM’s innovative Super Cruise semi-autonomous driver assist system, a first for the Silverado. In addition, the all-new 2022 Chevy Silverado ZR2 joins the lineup as part of the refresh, and we expect it to further bolster Silverado sales. That means the Silverado 1500 now offers an even more extensive lineup, which includes Work Truck, Custom, Custom Trail Boss, LT, LT Trail Boss, RST, LTZ, ZR2, and High Country.

The 2023 Chevy Silverado 1500 arrives as the fifth model year of the fourth-generation nameplate, introducing a handful of minor changes and updates over the refreshed 2022 model. A significant change is that 2023 Silverado 1500 Duramax models are now equipped with the new 3.0L I6 LZ0 engine turbo-diesel “baby Duramax,” which improves upon the 3.0L I6 LM2 that it replaces. Also, the 2023 Silverado 1500 now sees the return of the Brembo Performance Brake Kit.

However, even bigger news for 2023 is the introduction of the first-ever 2023 Chevy Silverado 1500 ZR2 Bison, which is now available to order. The Silverado ZR2 Bison represents Chevy’s second vehicle collaboration with American Expedition Vehicles (AEV), a premium off-road aftermarket manufacturer – the first being the Chevy Colorado ZR2 Bison. Available as an optional package exclusively for the Silverado 1500 ZR2, the Bison elevates the off-road capabilities of the ZR2 with a selection of upgrades and unique touches. The 2023 Chevy Silverado ZR2 itself was recently named a semifinalist for the North American Car Of The Year (NACTOY) award and last month was recognized as the best four-wheeler truck of the year by Four Wheeler magazine.

Production of the 2023 Chevy Silverado 1500 began at the GM Oshawa plant in Ontario on August 20^th, 2022, at the GM Fort Wayne plant in Indiana and GM Silao plant in Mexico on August 29^th, 2022, for both Regular Cab and Crew Cab models, and on September 6^th, 2022, for Double Cab models.

Production of the 2024 Chevy Silverado 1500 is set to kick off on July 17^th, 2023.

For heavy-duty customers, GM unveiled the refreshed 2024 Chevy Silverado HD last fall, featuring updated exterior styling, an overhauled interior, new tech features, and upgrades to the powertrain lineup. Additionally, the automaker teased the first-ever 2024 Chevy Silverado HD ZR2 as the forthcoming flagship off-roader for the Bow Tie brand’s heavy-duty pickup line.

The 2024 Chevy Silverado HD is once again offered in 2500 HD and 3500 HD configurations, as well as Regular Cab, Double Cab, and Crew Cab body styles. The refreshed 2024 Silverado 3500 HD offers dual-rear-wheel configurations and trailering capacity of up to 36,000 pounds, while the max tow rating for the refreshed 2024 Silverado 2500 HD increases from 18,510 to 22,500 pounds.

The 2024 Silverado HD trim level lineup includes Work Truck, Custom, LT, LTZ, and High Country, while the Silverado HD ZR2 will debut later on in the model year. Customers can also opt for a wealth of packages and special edition models, including the Z71 Sport Edition, Z71 Chrome Sport Edition, Midnight Special Edition, and Alaskan Snow Plow Special Edition.

Production of the 2023 Chevy Silverado HD kicked off at the GM Flint plant in Michigan on July 18^th, 2022, and at the GM Oshawa plant in Canada on September 12^th, 2022.

Finally, GM revealed the first-ever 2024 Chevy Silverado EV a year ago. Set to launch in 2023 for the 2024 model year, the upcoming Silverado EV will first come in RST and WT trims. Other trim levels, including the upcoming 2024 Chevy Silverado EV Trail Boss, are also planned. The Chevy Silverado EV will ride on the BT1 platform, a dedicated electric architecture that uses Ultium Battery technology.

More recently, Chevy teased the 2024 Chevy Silverado EV undergoing a tow test in a brief video. According to Vehicle Chief Engineer, Chevy Silverado EV, Nichole Kraatz, the all-electric Silverado handled the job with ease, exhibiting stability and solid dynamics at a variety of speeds.

“Such a smooth, controlled, responsive truck,” Kraatz says. “And it’s just incredible.”

Check out the video at the end.

But competitors have a few upgrades and new models of their own.

Ford unveiled the all-new 2023 Ford Super Duty last fall, a day after the Chevy Silverado HD reveal.

Then, Stellantis unveiled the new 2023 Ram 2500 Heavy Duty Rebel just a couple of days later as an upcoming rival to the Chevy Silverado HD ZR2.

In addition, a year after the Chevy Silverado EV reveal, Stellantis unveiled the all-electric Ram 1500 Revolution pickup concept. It will offer an optional range-extending gasoline engine in a unique hybrid setup, wherein the onboard ICE will generate electricity rather than send rotational energy to the drivetrain.

As Chevy’s launch of refreshed models across its light-duty and heavy-duty full-size pickup truck lines, exciting new trim levels, and its first-ever EV entry begin to fully hit the market over the next year, sales volume of GM’s bread-and-butter product should really take off.

About The Numbers

• All percent change figures compared to Chevy Silverado sales in Q4 2021, unless noted otherwise
• In the United States, there were 78 selling days for Q4 2022 and 78 selling days for Q4 2021
• Chevrolet Silverado sales include:
  • Chevrolet Silverado 1500 and variants
  • Chevrolet Silverado Heavy Duty models, including:
    • Chevrolet Silverado 2500 HD and variants
    • Chevrolet Silverado 3500 HD and variants
    • Chevrolet Silverado HD Chassis Cab
  • Chevrolet Silverado Medium Duty Chassis Cab, including:
    • Chevrolet Silverado 4500 HD
    • Chevrolet Silverado 5500 HD
    • Chevrolet Silverado 6500 HD
• Ford F-Series sales include:
  • Ford F-150 and variants
  • Ford F-Series Super Duty models, including:
    • Ford F-250 Super Duty and variants
    • Ford F-350 Super Duty and variants
    • Ford F-450 Super Duty and variants
    • Ford F-550 Super Duty and variants
    • Ford F-600 Super Duty and variants
  • Ford F-Series Chassis Cab
  • Ford F-650 and F-750 are not included in these sales, as Ford records their sales separately as Ford Heavy Trucks sales
• Ram Pickup sales include:
  • Ram 1500 pickup and variants
  • Ram 2500 pickup and variants
  • Ram 3500 pickup and variants
  • Ram Chassis Cab
• GMC Sierra sales include:
  • GMC Sierra 1500 and variants
  • GMC Sierra Heavy Duty models, including:
    • GMC Sierra 2500 HD and variants
    • GMC Sierra 3500 HD and variants
  • GMC Sierra Chassis Cab
• Toyota Tundra sales include:
  • Toyota Tundra and variants
• Rivian R1T estimated deliveries include:
  • Rivian R1T and variants
• Nissan Titan sales include:
  • Nissan Titan and variants
  • Nissan Titan XD and variants
• GMC Hummer EV Pickup sales include:
  • GMC Hummer EV Pickup and variants
• GM Q4 2022 sales reports:
  • GM Q4 2022 sales U.S.A.
    • Chevrolet sales Q4 2022 U.S.A.
    • Cadillac sales Q4 2022 U.S.A.
    • Buick sales Q4 2022 U.S.A.
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  • GM Canada Q4 2022 sales
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  • GM Mexico sales Q4 2022
    • GM Mexico sales October 2022
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