GM Mexico Sales Increased 11.5 Percent In March 2023

April 13, 2023 5:57 pm

GM Mexico sales increased 11.5 percent to 15,387 units in March 2023 compared to March 2022 results. Sales increased at the Chevrolet, Buick and GMC brands, while decreasing at Cadillac.

Brand & Model Sales

Chevrolet sales increased 10.99 percent 14,549 units:

Chevrolet Aveo sales decreased 15.53 percent to 4,249 units
- The Mexico-market Aveo is imported from China
Chevrolet Blazer sales increased 14.08 percent to 81 units
Chevrolet Bolt EUV sales totaled 5 units
Chevrolet Camaro sales totaled 18 units
Chevrolet Captiva sales decreased 25.63 percent to 1,570 units
Chevrolet Cavalier sales decreased 33.27 percent to 341 units
Chevrolet Colorado sales decreased 28.97 percent to 76 units
Chevrolet Corvette sales increased 40 percent to 7 units
Chevrolet Express sales increased 200 percent to 6 units
Chevrolet Groove sales increased 52.18 percent to 1,432 units
Chevrolet Onix sales decreased 1.48 percent to 1,201 units
Chevrolet S10 Max sales totaled 1,567 units
- The S10 Max is a midsize pickup imported from China, where it is sold as Maxus T70
Chevrolet Silverado sales increased 122.84 percent to 927 units
- Silverado sales include sales of the Silverado (available only in the Work Truck trim in Mexico) and the up-level Chevrolet Cheyenne (non-Work Truck models)
- Silverado sales totaled 444 units
- Cheyenne sales totaled 483 units
Chevrolet Spark sales decreased 100 percent to 0 units
Chevrolet Suburban sales decreased 35.57 percent to 192 units
Chevrolet Tahoe sales decreased 29.86 percent to 101 units
Chevrolet Tornado Van sales decreased 3.3 percent to 1,496 units
- The Tornado Van is a small minivan imported from China, where it is sold as Wuling Hongguang V
Chevrolet Tracker sales increased 89.23 percent to 1,247 units
Chevrolet Traverse sales decreased 17.5 percent to 33 units

Cadillac sales decreased 30.4 percent to 87 units:

Cadillac CT4 sales have not yet commenced in Mexico
Cadillac CT5 sales have not yet commenced in Mexico
Cadillac Escalade sales decreased 40.86 percent to 55 units
Cadillac XT4 sales increased 25 percent to 15 units
Cadillac XT5 sales decreased 15 percent to 17 units
Cadillac XT6 sales have not yet commenced in Mexico

Buick sales increased 119.77 percent to 189 units:

Buick Enclave sales increased 500 percent to 60 units
Buick Encore sales increased 2766.67 percent to 86 units
- Encore sales in Mexico include sales of the Buick Encore GX
Buick Envision sales decreased 41.1 percent to 43 units

GMC sales increased 16.6 percent to 562 units:

GMC Acadia sales decreased 39.19 percent to 45 units
GMC Sierra sales increased 280 percent to 152 units
GMC Terrain sales increased 11.57 percent to 270 units
GMC Yukon sales decreased 35.59 percent to 38 units
GMC Yukon XL sales decreased 14.93 percent to 57 units
The GMC Canyon and Savana are not offered in Mexico

During the first three months of the 2023 calendar year, GM Mexico sales increased four percent to 39,185 units.

Sales Results - March 2023 - Mexico - Chevrolet

MODEL	MAR 2023 / MAR 2022	MARCH 2023	MARCH 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
AVEO	-15.53%	4,249	5,030	-17.72%	11,441	13,905
BLAZER	+14.08%	81	71	+35.90%	265	195
BOLT EUV	*	5	*	*	9	*
CAMARO	*	18	0	+300.00%	32	8
CAPTIVA	-25.63%	1,570	2,111	+10.58%	4,170	3,771
CAVALIER	-33.27%	341	511	-36.79%	1,024	1,620
COLORADO	-28.97%	76	107	-33.16%	254	380
CORVETTE	+40.00%	7	5	+31.82%	29	22
EXPRESS	+200.00%	6	2	+107.14%	29	14
GROOVE	+52.18%	1,432	941	+33.49%	3,308	2,478
ONIX	-1.48%	1,201	1,219	-53.79%	1,928	4,172
S10 MAX	*	1,567	*	*	3,991	*
SILVERADO	+122.84%	927	416	+26.53%	2,318	1,832
SPARK	-100.00%	0	4	-71.43%	2	7
SUBURBAN	-35.57%	192	298	-21.09%	606	768
TAHOE	-29.86%	101	144	-5.31%	357	377
TORNADO VAN	-3.30%	1,496	1,547	+27.34%	3,265	2,564
TRACKER	+89.23%	1,247	659	+3.20%	3,612	3,500
TRAVERSE	-17.50%	33	40	-25.00%	111	148
CHEVROLET TOTAL	+10.99%	14,549	13,108	+2.75%	36,751	35,769

Sales Results - March 2023 - Mexico - Cadillac

MODEL	MAR 2023 / MAR 2022	MARCH 2023	MARCH 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
ESCALADE	-40.86%	55	93	-46.15%	154	286
XT4	+25.00%	15	12	+133.33%	42	18
XT5	-15.00%	17	20	+39.29%	39	28
CADILLAC TOTAL	-30.40%	87	125	-29.22%	235	332

Sales Results - March 2023 - Mexico - Buick

MODEL	MAR 2023 / MAR 2022	MARCH 2023	MARCH 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
ENCLAVE	+500.00%	60	10	+117.33%	163	75
ENCORE	+2,766.67%	86	3	+619.57%	331	46
ENVISION	-41.10%	43	73	-37.50%	60	96
BUICK TOTAL	+119.77%	189	86	+155.30%	554	217

Sales Results - March 2023 - Mexico - GMC

MODEL	MAR 2023 / MAR 2022	MARCH 2023	MARCH 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
ACADIA	-39.19%	45	74	+20.86%	168	139
SIERRA	+280.00%	152	40	+39.55%	621	445
TERRAIN	+11.57%	270	242	+58.50%	569	359
YUKON	-35.59%	38	59	-27.75%	125	173
YUKON XL	-14.93%	57	67	-28.32%	162	226
GMC TOTAL	+16.60%	562	482	+22.58%	1,645	1,342

Sales Results - March 2023 - Mexico - GM Totals

BRAND	MAR 2023 / MAR 2022	MARCH 2023	MARCH 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
CHEVROLET TOTAL	+10.99%	14,549	13,108	+2.75%	36,751	35,769
CADILLAC TOTAL	-30.40%	87	125	-29.22%	235	332
BUICK TOTAL	+119.77%	189	86	+155.30%	554	217
GMC TOTAL	+16.60%	562	482	+22.58%	1,645	1,342
GM MEXICO TOTAL	+11.49%	15,387	13,801	+4.05%	39,185	37,660

The GM Authority Take

The solid increase in GM Mexico sales during March continues the company’s positive performance and enables it to end the first quarter of the year in the green thanks to very healthy results in February and March. As such, the double-digit growth recorded in March represents the automaker’s second consecutive monthly increase in the Mexican market, giving GM an even stronger position for the series of upcoming major vehicle launches that will start in the second quarter of the year.

Chevy Cheyenne ZR2

In March, a number of key GM vehicles achieved year-over-year sales growth in Mexico, including seven crossovers, plus the the Chevy Silverado and GMC Sierra full-size pickups, which posted remarkable triple-digit growth rates.

Despite suffering a year-over-year decline, the Chevy Aveo once again experienced high levels of sales volume last month, cementing it as the company’s best-selling model in Mexico and creating a solid foundation for the all-new 2024 Aveo hatchback that launched in April.

Current Chevy Aveo sedan

Also worth noting is the sustained levels of high volume experienced by the Chevy S10 Max, which once again outsold the popular Toyota Hilux and ended the first quarter as Mexico’s second-best-selling midsize pickup, behind only the locally-built best-seller, the Nissan NP300 Frontier. In contrast, the automaker’s entire lineup of full-size SUVs posted double-digit declines in volume.