GM Mexico Sales Flat During April 2023

May 20, 2023 4:08 am

GM Mexico sales increased one percent to 14,629 units in April 2023 compared to April 2022 results. Sales increased at the Chevrolet, Buick and GMC brands, while decreasing at Cadillac.

Brand & Model Sales

Chevrolet sales increased 1.32 percent 13,098 units:

Chevrolet Aveo sales decreased 11.67 percent to 3,429 units
- The current Mexico-market Aveo sedan is basically a Chevy Sail imported from China
- This new line item now includes the all-new 2024 Chevy Aveo hatchback
Chevrolet Blazer sales decreased 18.39 percent to 71 units
Chevrolet Bolt EUV sales decreased 33.33 percent to 2 units
Chevrolet Camaro sales increased 700 percent to 16 units
Chevrolet Captiva sales decreased 30.73 percent to 1,269 units
Chevrolet Cavalier sales decreased 63.99 percent to 139 units
Chevrolet Colorado sales decreased 53.77 percent to 49 units
Chevrolet Corvette sales decreased 30 percent to 7 units
Chevrolet Express sales increased 350 percent to 27 units
Chevrolet Groove sales decreased 48.34 percent to 917 units
Chevrolet Onix sales decreased 22.34 percent to 1,262 units
Chevrolet S10 Max sales increased 192.67 percent to 1,718 units
- The S10 Max is a midsize pickup imported from China, where it is sold as Maxus T70
Chevrolet Silverado sales increased 45.95 percent to 972 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 609 units
- Cheyenne sales totaled 363 units
Chevrolet Spark sales decreased 100 percent to 0 units
Chevrolet Suburban sales decreased 41.16 percent to 163 units
Chevrolet Tahoe sales decreased 45.33 percent to 82 units
Chevrolet Tornado Van sales increased 33.28 percent to 1,794 units
- The Tornado Van is a small minivan imported from China, where it is sold as Wuling Hongguang V
Chevrolet Tracker sales increased 775.57 percent to 1,147 units
Chevrolet Traverse sales decreased 26.09 percent to 34 units

Cadillac sales decreased 14.18 percent to 115 units:

Cadillac CT4 sales have not yet commenced in Mexico
Cadillac CT5 sales have not yet commenced in Mexico
Cadillac Escalade sales decreased 25 percent to 69 units
Cadillac XT4 sales increased 21.05 percent to 23 units
Cadillac XT5 sales were flat at 23 units
Cadillac XT6 sales have not yet commenced in Mexico

Buick sales increased 3.38 percent to 153 units:

Buick Enclave sales decreased 13.64 percent to 38 units
Buick Encore sales increased 32.26 percent to 82 units
- Encore sales in Mexico include sales of the Buick Encore GX
Buick Envision sales decreased 21.43 percent to 33 units

GMC sales increased 1.08 percent to 563 units:

GMC Acadia sales decreased 47.92 percent to 50 units
GMC Sierra sales increased 114.74 percent to 204 units
GMC Terrain sales decreased 12.9 percent to 216 units
GMC Yukon sales decreased 26.53 percent to 36 units
GMC Yukon XL sales decreased 17.39 percent to 57 units
The GMC Canyon and Savana are not offered in Mexico

During the first four months of the 2023 calendar year, GM Mexico sales increased five percent to 53,814 units.

Sales Results - April 2023 - Mexico - Chevrolet

MODEL	APR 2023 / APR 2022	APRIL 2023	APRIL 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
AVEO	-11.67%	3,429	3,882	-16.40%	14,870	17,787
BLAZER	-18.39%	71	87	+19.15%	336	282
BOLT EUV	-33.33%	2	3	+266.67%	11	3
CAMARO	+700.00%	16	2	+380.00%	48	10
CAPTIVA	-30.73%	1,269	1,832	-2.93%	5,439	5,603
CAVALIER	-63.99%	139	386	-42.02%	1,163	2,006
COLORADO	-53.77%	49	106	-37.65%	303	486
CORVETTE	-30.00%	7	10	+12.50%	36	32
EXPRESS	+350.00%	27	6	+180.00%	56	20
GROOVE	-48.34%	917	1,775	-0.66%	4,225	4,253
ONIX	-22.34%	1,262	1,625	-32.90%	3,890	5,797
S10 MAX	+192.67%	1,718	587	+872.57%	5,709	587
SILVERADO	+45.95%	972	666	+31.71%	3,290	2,498
SPARK	-100.00%	0	8	-86.67%	2	15
SUBURBAN	-41.16%	163	277	-26.41%	769	1,045
TAHOE	-45.33%	82	150	-16.70%	439	527
TORNADO VAN	+33.28%	1,794	1,346	+29.39%	5,059	3,910
TRACKER	+775.57%	1,147	131	+31.07%	4,759	3,631
TRAVERSE	-26.09%	34	46	-25.26%	145	194
CHEVROLET TOTAL	+1.32%	13,098	12,927	+3.81%	50,549	48,696

Sales Results - April 2023 - Mexico - Cadillac

MODEL	APR 2023 / APR 2022	APRIL 2023	APRIL 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
ESCALADE	-25.00%	69	92	-41.01%	223	378
XT4	+21.05%	23	19	+75.68%	65	37
XT5	0.00%	23	23	+21.57%	62	51
CADILLAC TOTAL	-14.18%	115	134	-24.89%	350	466

Sales Results - April 2023 - Mexico - Buick

MODEL	APR 2023 / APR 2022	APRIL 2023	APRIL 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
ENCLAVE	-13.64%	38	44	+68.91%	201	119
ENCORE	+32.26%	82	62	+282.41%	413	108
ENVISION	-21.43%	33	42	-32.61%	93	138
BUICK TOTAL	+3.38%	153	148	+93.70%	707	365

Sales Results - April 2023 - Mexico - GMC

MODEL	APR 2023 / APR 2022	APRIL 2023	APRIL 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
ACADIA	-47.92%	50	96	-7.23%	218	235
SIERRA	+114.74%	204	95	+52.78%	825	540
TERRAIN	-12.90%	216	248	+29.32%	785	607
YUKON	-26.53%	36	49	-27.48%	161	222
YUKON XL	-17.39%	57	69	-25.76%	219	295
GMC TOTAL	+1.08%	563	557	+16.27%	2,208	1,899

Sales Results - April 2023 - Mexico - GM Totals

BRAND	APR 2023 / APR 2022	APRIL 2023	APRIL 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
CHEVROLET TOTAL	+1.32%	13,098	12,927	+3.81%	50,549	48,696
CADILLAC TOTAL	-14.18%	115	134	-24.89%	350	466
BUICK TOTAL	+3.38%	153	148	+93.70%	707	365
GMC TOTAL	+1.08%	563	557	+16.27%	2,208	1,899
GM MEXICO TOTAL	+1.18%	13,929	13,766	+4.64%	53,814	51,426

The GM Authority Take

GM Mexico sales saw a slight uptick during April, a month that saw a slowdown in the demand for new vehicles in the Latin country compared to prior months. However, the record still enabled the automaker’s positive performance, representing the third consecutive sales increase for GM in the Mexican market.

Chevy S10 Max

Despite the general decline of all cars and most of crossovers offered by the automaker, the slight increase of GM Mexico in April was supported by healthy sales of pickups and commercial vehicles. Among them is the outstanding performance of the Chevy S10 Max, enabling the model to consolidate its position as the second most popular midsize pickup in Mexico. The solid performance of the Chevy Silverado and GMC Sierra full-size trucks is also worth highlighting, as is the fact that the Chevy Tracker experienced the highest growth rate and was the only Chevrolet crossover to finish the month in the green.

By contrast, the best-selling Chevy Aveo continued to be in the red due to sub-par inventory of the current model. The subcompact car is expected to make a sales comeback in the coming months as the rollout of the redesigned model is completed, in both hatchback and sedan body styles. Other models that typically contribute to the bottom line, such as the Chevy Captiva, Onix and Groove, also saw a drop in sales during the month.