As the all-new generation of the Chevy Trax arrives for the 2024 model year, sales of the Bow Tie brand’s subcompact crossover were among Chevy’s lowest over the course of Q1 2023, due to dried-out supply of the outgoing generation. Now, GM Authority has learned that sales of the Trax have jumped substantially, and it’s currently the fastest-turning Chevy model.
As of the time of this writing, sources close to the matter tell GM Authority that the Chevy Trax is the fastest-turning Chevy model over the past 60 days. In fact, the subcompact crossover posted almost 8,000 retail deliveries in May 2023 alone. This is notable considering that General Motors sold just 6,465 units over the course of the entire Q1 2023.
With all of this in mind, there are currently 937 Trax units on dealership lots as of June 1st, with another 7,500 in transit.
It’s worth noting that up until this point, inventory levels of the Trax had been insidiously falling since November 2022, where the subcompact crossover had a 22 days supply with 941 units on dealership lots.
The reason behind this drop in sales is likely related to GM’s rollout of the next-gen Trax. As GM Authority previously reported, production of the subcompact crossover kicked off at the GM Bupyeong plant back in February 2023, while shipments to the U.S. didn’t commence until March 2023. Meanwhile, there was a massive Trax shipment in April 2023, which is likely contributing to increased deliveries.
Under the hood, the current 2024 Trax is powered by the turbocharged 1.2L I3 LIH gasoline engine, rated at 137 horsepower and 162 pound-feet of torque. Output is routed to the front wheels exclusively through the GM six-speed automatic transmission.
As for structure, the 2024 Trax rides on the GM VSS-F vehicle set.