GMC Acadia Sales Slightly Above Segment Average During Q3 2023

October 27, 2023 5:36 pm

GMC Acadia sales increased in the United States and Canada but decreased Mexico during the third quarter of 2023.

GMC Acadia Sales - Q3 2023 - United States

In the United States, GMC Acadia deliveries totaled 15,398 units in Q3 2023, an increase of about 7 percent compared to 14,406 units sold in Q3 2022.

In the first nine months of the year, Acadia sales increased about 42 percent to 55,548 units.

MODEL	Q3 2023 / Q3 2022	Q3 2023	Q3 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
ACADIA	+6.89%	15,398	14,406	+42.17%	55,548	39,072

GMC Acadia Sales - Q3 2023 - Canada

In Canada, GMC Acadia deliveries totaled 1,432 units in Q3 2023, an increase of about 44 percent compared to 992 units sold in Q3 2022.

In the first nine months of the year, Acadia sales increased about 53 percent to 4,028 units.

MODEL	Q3 2023 / Q3 2022	Q3 2023	Q3 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
ACADIA	+44.35%	1,432	992	+52.92%	4,028	2,634

GMC Acadia Sales - Q3 2023 - Mexico

In Mexico, GMC Acadia deliveries totaled 100 units in Q3 2023, a decrease of about 44 percent compared to 179 units sold in Q3 2022.

In the first nine months of the year, Acadia sales decreased about 27 percent to 413 units.

MODEL	Q3 2023 / Q3 2022	Q3 2023	Q3 2022	YTD 2023 / YTD 2022	YTD 2023	YTD 2022
ACADIA	-44.13%	100	179	-26.51%	413	562

Competitive Sales Comparison (USA)

GMC Acadia sales during the third quarter of 2023 place the Professional Grade brand’s midsize crossover in 15^th place when ranked by sales volume in the midsize and full-size mainstream crossover segment, which is comprised of a whopping 23 entries.

The Jeep Grand Cherokee once again led the space with a 52 percent jump in sales to 57,915 units. Notably, Grand Cherokee sales are now comprised of the two-row Grand Cherokee and the longer, three-row Grand Cherokee L. The Hyundai Santa Fe followed in second with a 24 percent bump to 35,020 units, while the Ford Explorer (see running Ford Explorer sales) remained in third with a 37 percent drop to 33,709 units. The Chevy Traverse (see running Chevy Traverse sales), the Acadia’s corporate cousin and fellow C1 platform mate, kept fourth place with a 27 percent swell to 32,318 units. The Kia Telluride placed fifth with a 13 percent increase to 28,697 units. The Chevy Blazer (see running Chevy Blazer sales), another GM model based on the C1 platform, placed 14^th with an 11 percent slip to 15,515 units. The GMC Acadia (see running GMC Acadia sales) followed in 15^th place with a seven percent bump to 15,398 units.

Sales Numbers - Midsize & Full-Size Mainstream Crossovers - Q3 2023 - USA

MODEL	Q3 23 / Q3 22	Q3 23	Q3 22	Q3 23 SHARE	Q3 22 SHARE	YTD 23 / YTD 22	YTD 23	YTD 22
JEEP GRAND CHEROKEE	+51.71%	57,915	38,176	13%	9%	+5.98%	182,871	172,545
HYUNDAI SANTA FE	+24.03%	35,020	28,234	8%	7%	+11.65%	96,162	86,129
FORD EXPLORER	-36.79%	33,709	53,326	7%	12%	-11.59%	138,132	156,243
CHEVROLET TRAVERSE	+27.30%	32,318	25,388	7%	6%	+44.92%	100,999	69,694
KIA TELLURIDE	+12.97%	28,697	25,403	6%	6%	+16.16%	83,981	72,296
HONDA PILOT	-3.28%	26,614	27,517	6%	6%	+11.42%	82,397	73,952
VOLKSWAGEN ATLAS	-3.41%	24,908	25,787	5%	6%	-1.00%	65,536	66,199
KIA SORENTO	-2.88%	24,819	25,555	5%	6%	+4.68%	67,626	64,600
FORD EDGE	+49.76%	24,217	16,170	5%	4%	+4.55%	70,701	67,623
HYUNDAI PALISADE	-3.52%	19,410	20,119	4%	5%	-7.68%	58,857	63,756
TOYOTA HIGHLANDER	-44.23%	17,997	32,272	4%	7%	-15.98%	138,178	164,451
DODGE DURANGO	-13.77%	16,473	19,104	4%	4%	+35.50%	53,582	39,543
TOYOTA GRAND HIGHLANDER	*	15,554	*	3%	0%	*	24,376	0
CHEVROLET BLAZER	-11.40%	15,515	17,511	3%	4%	-3.47%	48,858	50,615
GMC ACADIA	+6.89%	15,398	14,406	3%	3%	+42.17%	55,548	39,072
SUBARU ASCENT	-8.95%	13,740	15,091	3%	3%	+1.87%	46,881	46,022
NISSAN PATHFINDER	+2.97%	13,699	13,304	3%	3%	+50.18%	56,442	37,582
MAZDA CX-90	*	11,564	*	3%	0%	*	17,268	0
HONDA PASSPORT	-9.19%	9,543	10,509	2%	2%	+8.94%	33,347	30,611
MITSUBISHI OUTLANDER	+30.12%	9,340	7,178	2%	2%	+9.98%	33,522	30,481
TOYOTA VENZA	+77.61%	5,980	3,367	1%	1%	-4.51%	22,087	23,131
NISSAN MURANO	-8.25%	5,118	5,578	1%	1%	+17.56%	26,306	22,377
MAZDA CX-9	-98.89%	81	7,289	0%	2%	-25.69%	17,440	23,469
TOTAL	+6.11%	457,629	431,284			+8.62%	1,521,097	1,400,391

From a segment share standpoint, the Acadia maintained a three percent share. The Grand Cherokee earned a 13 percent segment share, up four percentage points year-over-year, while the Santa Fe held an eight percent share, up one percentage point, and the Explorer posted a seven percent share, down five percentage points. The Traverse earned a seven percent share, up one percentage point, while the Telluride maintained a six percent share. The Blazer posted a three percent share, down one percentage point.

Sales of all three GM vehicles – the Chevy Blazer and Traverse along with the GMC Acadia – grew 10 percent to 63,231 units for a combined 13 percent segment share, outpacing Ford and placing third overall.

Sales Numbers - GM Midsize & Full-Size Mainstream Crossovers - Q3 2023 - USA

MODEL	Q3 23 / Q3 22	Q3 23	Q3 22	Q3 23 SHARE	Q3 22 SHARE	YTD 23 / YTD 22	YTD 23	YTD 22
CHEVROLET TRAVERSE	+27.30%	32,318	25,388	51%	44%	+44.92%	100,999	69,694
CHEVROLET BLAZER	-11.40%	15,515	17,511	25%	31%	-3.47%	48,858	50,615
GMC ACADIA	+6.89%	15,398	14,406	24%	25%	+42.17%	55,548	39,072
TOTAL	+10.34%	63,231	57,305			+28.88%	205,405	159,381

Meanwhile, the Ford Edge and Explorer duo saw sales drop 17 percent to 57,926 units for a combined 12 percent segment share, one percentage point behind GM.

Sales Numbers - Ford Midsize & Full-Size Mainstream Crossovers - Q3 2023 - USA

MODEL	Q3 23 / Q3 22	Q3 23	Q3 22	YTD 23 / YTD 22	YTD 23	YTD 22
FORD EDGE	+49.76%	24,217	16,170	+4.55%	70,701	67,623
FORD EXPLORER	-36.79%	33,709	53,326	-11.59%	138,132	156,243
TOTAL	-16.65%	57,926	69,496	-6.72%	208,833	223,866

Hyundai, with the Palisade and Santa Fe, and Kia, with the Sorento and Telluride, saw combined deliveries of 107,946 units, with sales up nine percent for a combined 23 percent segment share to lead this space yet again. In fact, the Korean conglomerate accounted for nearly a quarter of all deliveries this time around.

Sales Numbers - Hyundai and Kia Midsize & Full-Size Mainstream Crossovers - Q3 2023 - USA

MODEL	Q3 23 / Q3 22	Q3 23	Q3 22	YTD 23 / YTD 22	YTD 23	YTD 22
HYUNDAI PALISADE	-3.52%	19,410	20,119	-7.68%	58,857	63,756
HYUNDAI SANTA FE	+24.03%	35,020	28,234	+11.65%	96,162	86,129
KIA SORENTO	-2.88%	24,819	25,555	+4.68%	67,626	64,600
KIA TELLURIDE	+12.97%	28,697	25,403	+16.16%	83,981	72,296
TOTAL	+8.69%	107,946	99,311	+6.92%	306,626	286,781

Sales of Toyota’s Highlander, Venza, and Grand Highlander grew 11 percent for a combined 39,531 units and an eight percent segment share. New to this segment is the first-ever 2024 Toyota Grand Highlander, a three-row crossover SUV that slots in above the “regular” Toyota Highlander and serves as a direct rival to the Chevy Traverse. In its first quarter in this space, the Grand Highlander has already outsold the Chevy Blazer by nearly 40 units and earned about half as many deliveries as the Traverse. With this all-new model, Toyota was able to edge out cumulative Honda sales by almost 3.5K units.

Sales Numbers - Toyota Midsize & Full-Size Mainstream Crossovers - Q3 2023 - USA

MODEL	Q3 23 / Q3 22	Q3 23	Q3 22	YTD 23 / YTD 22	YTD 23	YTD 22
TOYOTA HIGHLANDER	-44.23%	17,997	32,272	-15.98%	138,178	164,451
TOYOTA GRAND HIGHLANDER	*	15,554	*	*	24,376	0
TOYOTA VENZA	+77.61%	5,980	3,367	-4.51%	22,087	23,131
TOTAL	+10.92%	39,531	35,639	-1.57%	184,641	187,582

Speaking of Honda, combined sales of the Honda Passport and Pilot were down five percent to 36,157 units for an eight percent segment share.

Sales Numbers - Honda Midsize & Full-Size Mainstream Crossovers - Q3 2023 - USA

MODEL	Q3 23 / Q3 22	Q3 23	Q3 22	YTD 23 / YTD 22	YTD 23	YTD 22
HONDA PASSPORT	-9.19%	9,543	10,509	+8.94%	33,347	30,611
HONDA PILOT	-3.28%	26,614	27,517	+11.42%	82,397	73,952
TOTAL	-4.92%	36,157	38,026	+10.69%	115,744	104,563

Meanwhile, combined sales of the Nissan Murano and Pathfinder were nearly flat with 18,817 deliveries for a four percent segment share.

Sales Numbers - Nissan Midsize & Full-Size Mainstream Crossovers - Q3 2023 - USA

MODEL	Q3 23 / Q3 22	Q3 23	Q3 22	YTD 23 / YTD 22	YTD 23	YTD 22
NISSAN MURANO	-8.25%	5,118	5,578	+17.56%	26,306	22,377
NISSAN PATHFINDER	+2.97%	13,699	13,304	+50.18%	56,442	37,582
TOTAL	-0.34%	18,817	18,882	+38.01%	82,748	59,959

The two Stellantis nameplates, the Dodge Durango and Jeep Grand Cherokee, saw sales grow a combined 30 percent to 74,388 units for a 17 percent segment share, four percentage points ahead of GM to take second place in the segment overall. As a reminder, sales of the Grand Cherokee include those of the two-row Grand Cherokee and three-row Grand Cherokee L.

Sales Numbers - Stellantis Midsize & Full-Size Mainstream Crossovers - Q3 2023 - USA

MODEL	Q3 23 / Q3 22	Q3 23	Q3 22	YTD 23 / YTD 22	YTD 23	YTD 22
DODGE DURANGO	-13.77%	16,473	19,104	+35.50%	53,582	39,543
JEEP GRAND CHEROKEE	+51.71%	57,915	38,176	+5.98%	182,871	172,545
TOTAL	+29.87%	74,388	57,280	+11.49%	236,453	212,088

Finally, sales of the two Mazda entries, the CX-9 and CX-90, resulted in 11,645 cumulative deliveries for a combined three percent segment share. The first-ever 2024 Mazda CX-90 is the Japanese automaker’s new flagship three-row crossover, indirectly replacing the CX-9, which has been discontinued following the 2023 model year.

Sales Numbers - Mazda Midsize & Full-Size Mainstream Crossovers - Q3 2023 - USA

MODEL	Q3 23 / Q3 22	Q3 23	Q3 22	YTD 23 / YTD 22	YTD 23	YTD 22
MAZDA CX-9	-98.89%	81	7,289	-25.69%	17,440	23,469
MAZDA CX-90	*	11,564	*	*	17,268	0
TOTAL	+59.76%	11,645	7,289	+47.89%	34,708	23,469

Out of the 11 manufacturers represented in this space of 23 entries, eight field multiple models, though automakers that field single models sometimes outsell them. Here is the overall rank of automakers, in order:

Hyundai-Kia – 23 percent segment share (four models)
Stellantis – 17 percent share (three models)
GM – 13 percent share (three models)
Ford – 12 percent share (two models)
Toyota – 8 percent share (three models)
Honda – 8 percent share (two models)
VW – 5 percent share (one model)
Nissan – 4 percent share (two models)
Subaru – 3 percent share (one model)
Mazda – 3 percent share (two models)
Mitsubishi – 2 percent share (one model)

The midsize and full-size mainstream crossover segment, comprised of crossovers with a starting price in the vicinity of $30K, grew six percent to 457,629 units during Q3 2023, meaning Acadia sales were slightly above the segment average.

The GM Authority Take

GMC Acadia sales were in line with the segment average this quarter as the current model has reached the end of its lifecycle. A bigger, next-generation Acadia has recently made its debut, and should go a long way toward boosting the nameplate’s sales volume in a very competitive and crowded field of 23 entries.

About GMC Acadia

The 2023 GMC Acadia arrives with minimal changes over the previous year’s model, the 2022 GMC Acadia.

The 2019 GMC Acadia was identified by Kelley Blue Book as one of the best certified pre-owned three-row crossovers available for less than $30,000. What’s more, Consumer Reports recently gave the 2023 GMC Acadia a “recommended” rating.

All-new, next-generation 2024 GMC Acadia in range-topping Denali trim

In September, GM unveiled the all-new 2024 GMC Acadia, introducing a complete overhaul (redesign and re-engineering). The new model delivers larger dimensions, more tech, and a new turbocharged engine. Critically, the third-generation Acadia will be available in four specific trim levels – base Elevation, mid-range Elevation Premium, off-road-oriented AT4, and range-topping Denali.

The new cabin features a massive 15-inch Premium GMC Infotainment System screen, equipped as standard across the range. The 15-inch center screen pairs with an 11-inch Driver Information Center, also equipped as standard on all four trim levels, while an 8-inch Head-up Display is available on Elevation Premium and AT4 trims, and standard on Denali.

All-new, next-generation 2024 GMC Acadia in off-road-oriented AT4 trim

For the first time ever, the next-gen 2024 Acadia will offer GM Super Cruise, the automaker’s semi-autonomous driving assist technology, as first reported by GM Authority. Critically, Super Cruise will be available on the 2024 Acadia Elevation and AT4 trim levels, becoming the very first GMC vehicle to offer Super Cruise not only on those trims, but also across all trims and models. The GM Global B electronic architecture will handle communication between the vehicle’s various components.

All-new, next-generation 2024 GMC Acadia in range-topping Denali trim

The 2024 GMC Acadia is motivated by the turbocharged 2.5L I4 LK0 gasoline engine as the sole powertrain, rated at 328 horsepower and 326 pound-feet of torque. Output is directed through GM’s eight-speed automatic transmission, with all-wheel drive offered as optional on Elevation, Elevation Premium, and Denali. AT4 trims are equipped with a unique Active Torque Control AWD system as standard. Production of the 2024 GMC Acadia is set to commence this coming January, though the ongoing GM-UAW negotiations might delay those plans.