Oshawa’s GM Canada reporting 42 per cent hike in vehicle delivery in fourth quarter
Published February 2, 2023 at 11:48 am
With production now fully up to speed General Motors Canada is enjoying a big boost in sales, delivering nearly 56,000 vehicles in the fourth quarter of 2022, a 42 per cent increase from this time last year.
Sales were up just five per cent for the entire year, a reflection of supply chain issues that have now been resolved, said GM Canada Vice-President (sales, service and marketing) Sandor Piszar.
“Our sales demonstrate the team’s success increasing vehicle availability to meet strong customer demand,” Piszar said of the fourth quarter resurgence. “As a result of those efforts, as well as working closely with our GM Canada dealers, we grew retail sales by 31 per cent this quarter … and more than doubled our commercial fleet sales for the calendar year. We expect to see that momentum accelerate in 2023 as we continue to rebuild dealer inventories and launch new EV and ICE vehicles across our portfolio.”
Based on those strong Q4 sales, GM Canada is on track to account for 14.5 per cent of the Canadian market, up 1.8 points over the previous year and the company
continues to lead in full-size SUV sales and is “on track” to lead the market in heavy-duty truck sales, with a total of 36,143 sales for the Oshawa-made Chevrolet Silverado HD and GMC Sierra HD in 2022
Chevrolet also posted the brand’s best year ever for the all-electric Chevrolet Bolt and Bolt EUV, with 6,372 total sales.
In 2023 GM Canada will introduce several EV vehicles, including the Cadillac Lyriq, the Chevrolet Equinox, Blazer and Silverado EVs, as well as GMC Sierra and Hummer electric vehicles.
The parent company in Detroit is also reporting robust sales with fourth-quarter revenue of $43.1 billion and full-year 2022 revenue of $156.7 billion, with core auto operations expected to perform at a “consistently strong level” for the rest of the year.insauga's Editorial Standards and Policies advertising