As the third model year of the fifth generation of GMC’s full-size SUV, the 2023 GMC Yukon serves as one of Big Red’s most expensive models, with a starting MSRP of $59,295. However, the average transaction price (ATP) of the 2023 Yukon stood at more than $78,000 late last year, representing a near $20,000 jump from the starting price.
Coming from a recent Cox Automotive report, the ATP of a GMC Yukon rose by more than three percent in Q4 2022 as compared to the same timeframe in 2021. This brings the figure to $77,935 for the regular-wheelbase Yukon and to $79,972 for the extended-wheelbase Yukon XL, which is reflected by GMC’s overall Q4 2022 ATP figure, which saw a 0.3 percent year-over-year rise to $62,720. As a whole, Big Red sold 143,645 vehicles in Q4 2022, representing a substantial 42 percent increase over Q4 2021 numbers. Interestingly, every GMC model besides the Yukon saw an increase in sales numbers as compared to Q4 2021.
Sales Results - Q4 2022 - USA - GMC
| MODEL | Q4 2022 / Q4 2021 | Q4 2022 | Q4 2021 | YTD 2022 / YTD 2021 | YTD 2022 | YTD 2021 |
|---|---|---|---|---|---|---|
| ACADIA | +229.29% | 13,942 | 4,234 | -11.52% | 53,014 | 59,913 |
| CANYON | +4.11% | 6,408 | 6,155 | +15.31% | 27,819 | 24,125 |
| HUMMER EV PICKUP | +7,172.73% | 72 | 1 | +85,300.00% | 854 | 1 |
| SAVANA | +67.53% | 7,100 | 4,238 | +44.10% | 25,569 | 17,744 |
| SIERRA | +25.42% | 72,415 | 57,738 | -2.97% | 241,522 | 248,924 |
| TERRAIN | +416.73% | 20,948 | 4,054 | +82.29% | 86,567 | 47,488 |
| YUKON | -7.60% | 13,296 | 14,390 | -6.12% | 48,220 | 51,365 |
| YUKON XL | -6.38% | 9,464 | 10,109 | +3.67% | 34,084 | 32,877 |
| GMC TOTAL | +42.34% | 143,645 | 100,919 | +7.30% | 517,649 | 482,437 |
Overall, GM preformed quite well in sales for Q4 2022. In fact, the Detroit-based automaker reclaimed its sales crown from Toyota for the 2022 calendar year after the Japanese-based automaker took it in 2021. In regards to Q4 2022 ATP figures, GM posted $52,849 per vehicle, which is down slightly from Q4 2021 numbers. However, this is still a strong showing as compared to pre-COVID years.
As a reminder, the 2023 GMC Yukon is offered with three engine choices. These powerplant options include the naturally aspirated 5.3L V8 L84 gasoline engine, rated at 355 horsepower and 383 pound-feet of torque, the naturally aspirated 6.2L V8 L87 gasoline engine, rated at 420 horsepower and 460 pound-feet of torque, and the 3.0L I6 LM2 turbodiesel Duramax, rated at 277 horsepower at and 460 pound-feet of torque.
Beneath the skin, the 2023 GMC Yukon rides on the GM T1 platform, which it shares with the Chevy Tahoe and Cadillac Escalade. Meanwhile, production takes place at the GM Arlington plant in Texas.
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Comments
Its is easy to see how GM made profits of $ 2 Billion dollars. In time they will not be as fortunate, as loyal GM customers will have to switch to other makes to be able to afford a new vehicle. Greed will be the eventual downfall in time.
Sales figures prove that General Motors doing just fine with an array of gas and diesel engine products – I own a GMC gas and have another 2023 GMC gas ordered. And Mary Barra wants to throw us all satisfied gasoline customers away to fuel her manic coal-gas-burning-nuclear-fusion-electric-fuel-making power plants dream, that will become my nightmare for driving to Florida from Canada or cross-country. Idiot.