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GM Authority

GM Mexico Sales Jump 21 Percent In February 2024

GM Mexico sales increased 21 percent to 16,133 units in February 2024 compared to February 2023 results. Sales increased for all four GM brands, including Chevrolet, Cadillac, Buick, and GMC.

Brand & Model Sales

Chevrolet sales increased 20.42 percent 15,106 units:

Cadillac sales increased 4.60 percent to 91 units:

Buick sales increased 49.46 percent to 275 units:

GMC sales increased 17.83 percent to 661 units:

During the first two months of the 2024 calendar year, GM Mexico sales increased 33 percent to 31,591 units.

Sales Results - February 2024 - Mexico - Chevrolet

MODELFEB 2024 / FEB 2023FEBRUARY 2024FEBRUARY 2023YTD 2024 / YTD 2023 YTD 2024YTD 2023
AVEO-10.08% 4,3094,792+17.07%8,420 7,192
BLAZER-44.32% 4988-46.20%99 184
BOLT EUV+300.00% 82+150.00%10 4
CAMARO+116.67% 136+135.71%33 14
CAPTIVA+17.08% 1,4941,276+12.38%2,922 2,600
CAVALIER-42.57% 255444-35.87%438 683
COLORADO+30.00% 130100+94.94%347 178
CORVETTE-42.11% 1119-27.27%16 22
EXPRESS+375.00% 194+47.83%34 23
GROOVE+32.37% 1,6441,242+73.51%3,255 1,876
MONTANA* 302**575 *
ONIX+721.68% 1,175143+277.72%2,746 727
S10 MAX+81.02% 2,1271,175+52.64%3,700 2,424
SILVERADO+3.94% 845813+11.57%1,552 1,391
SUBURBAN-42.86% 128224-36.23%264 414
TAHOE-11.35% 125141+3.52%265 256
TORNADO VAN+63.70% 1,141697+25.95%2,228 1,769
TRACKER-38.36% 8211,332-27.10%1,724 2,365
TRAVERSE-2.22% 4445+5.13%82 78
TRAX* 466**826 *
CHEVROLET TOTAL+20.42% 15,10612,544+33.03%29,536 22,202

Sales Results - February 2024 - Mexico - Cadillac

MODELFEB 2024 / FEB 2023FEBRUARY 2024FEBRUARY 2023YTD 2024 / YTD 2023 YTD 2024YTD 2023
ESCALADE0.00% 5858+38.38%137 99
LYRIQ* 12**18 *
XT5+61.54% 2113+40.91%31 22
CADILLAC TOTAL+4.60% 9187+25.68%186 148

Sales Results - February 2024 - Mexico - Buick

MODELFEB 2024 / FEB 2023FEBRUARY 2024FEBRUARY 2023YTD 2024 / YTD 2023 YTD 2024YTD 2023
ENCLAVE-22.64% 4153-26.21%76 103
ENCORE-39.68% 76126-51.43%119 245
ENVISION+940.00% 525+511.76%104 17
ENVISTA* 106**156 *
BUICK TOTAL+49.46% 275184+24.66%455 365

Sales Results - February 2024 - Mexico - GMC

MODELFEB 2024 / FEB 2023FEBRUARY 2024FEBRUARY 2023YTD 2024 / YTD 2023 YTD 2024YTD 2023
ACADIA-31.48% 3754-49.59%62 123
CANYON* 20**65 *
SIERRA+57.21% 316201+48.61%697 469
TERRAIN+6.37% 217204+50.50%450 299
YUKON-39.47% 2338-36.78%55 87
YUKON XL-25.00% 4864-19.05%85 105
GMC TOTAL+17.83% 661561+30.56%1,414 1,083

Sales Results - February 2024 - Mexico - GM Totals

BRANDFEB 2024 / FEB 2023FEBRUARY 2024FEBRUARY 2023YTD 2024 / YTD 2023 YTD 2024YTD 2023
CHEVROLET TOTAL+20.42% 15,10612,544+33.03%29,536 22,202
CADILLAC TOTAL+4.60% 9187+25.68%186 148
BUICK TOTAL+49.46% 275184+24.66%455 365
GMC TOTAL+17.83% 661561+30.56%1,414 1,083
GM MEXICO TOTAL+20.61% 16,13313,376+32.75%31,591 23,798

The GM Authority Take

GM Mexico sales continued to strengthen its performance in the first part of the 2024 calendar year with a solid double-digit increase in February when the automaker totaled almost 3,000 more units than the same month of the previous year in the North American country. Once again, the company once again expanded its good commercial performance in the Mexican market last month, representing its 13th consecutive monthly increase.

Chevy S10 Max

Unlike previous months, GM Mexico’s substantial rise in February was not led by the all-new 2024 Chevy Aveo – which suffered its first commercial setback against the last batch of units of the previous generation model in February 2023. The manufacturer’s positive performance in the month was driven by increases in multiple models, especially the notable growth of the Chevy Onix, which added more than 1,000 units, and the strong performance of the Chevy S10 Max, which established itself as the company’s second-best-selling nameplate in Mexico.

In addition, it is worth highlighting the growth of GM’s extensive pickup lineup and commercial van range in the Mexican market and the healthy increases of most crossovers. Also contributing was an incremental volume from the new Chevy Montana and Chevy Trax, which grew in popularity among local customers and posted their best performances in recent months.

About The Numbers

Further Reading & Sales Reporting

Deivis is an engineer with a passion for cars and the global auto business. He is constantly investigating about GM's future products.

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