P&A Providers & Administrators
MenuMENU
SearchSEARCH

GM Sees Double-Digit Sales Increases in Q1

It reported that US retail sales rose 15% while fleet sales jumped 27%.

April 3, 2023
GM Sees Double-Digit Sales Increases in Q1

General Motor's fleet sales jumped 27% in the first quarter.

Credit:

Antoni Shkraba

2 min to read


 

First-quarter sales numbers are rolling in, with General Motor's reporting double-digit increases as U.S. sales soared for the third consecutive quarter.  

GM reported an 18% increase in sales, which hit 600,000 units, with volume up:

Ad Loading...
  • 16% at Chevrolet

  • 7.6% at GMC

  • 99% at Buick 

  • 29% at Cadillac

Overall, GM reported U.S. retail sales rose 15%, and fleet sales, representing 25% of deliveries, jumped 27% in the first quarter.

According to the automaker, the quarter ended with 412,285 cars and light trucks in dealer stock or in transit, similar to the company’s fourth-quarter numbers.

Toyota reported March sales dipped 9.1%, with the Toyota division down 12% and Lexus up 12%.

The automaker ended March with 142,958 cars and light trucks in stock, 116,108 of those units at port or in transit, equal to a 22-day supply. The Toyota division reported 112,420 vehicles in inventory, while Lexus had 30,538 cars and light trucks to start April, a spokesperson told Automotive News.

Ad Loading...

Honda Motor Co. reported U.S. sales rebounded in the first quarter. Hyundai and Kia set sales records in March and reported first-quarter gains.

Sales grew 8% at American Honda in March, with deliveries up 8.8% at the Honda division and 2.6% at Acura. The growth represents the automaker's second gain in 2023 after a 1.4% decline in February and 14% increase in January.

The Honda brand reported 38,000 cars and light trucks in stock at the end of March, while Acura had 22,000 units on hand.

Nissan reported a 17% increase in the first quarter after reporting six consecutive quarterly declines. Sales increased 16% for the Nissan division and 40% for Infiniti.

Hyundai reported volume rose 27% to 75,404 in March, with retail deliveries increasing 15% to 68,312. Hyundai reported fleet sales accounted for 9.4% of March volume. The automaker closed March with 53,119 cars and light trucks in U.S. inventory, significantly above the 17,271 a year earlier.

Ad Loading...

U.S. sales grew 20% to 71,294 at Kia, marking the automaker’s fifth consecutive month of a 20-plus% gain. Kia reported its Carnival, Sportage, Telluride and Forte models set March records and that its sales of electrified models increased 10%.

Subaru sales soared 23% to hit 32,213 on strong light-truck deliveries, while March volume rose 5.3% at Mazda.

U.S. sales at Genesis hit a monthly record, with volume up 23%, marking its fifth straight gain on higher crossover deliveries.

Originally posted on Auto Dealer Today

More Product & Technology

Woman driving car with microphone

Car Karaoke Gets Official Platform

The in-vehicle karaoke and sing-along platform by Samsung arm is meant to add traveling enjoyment safely in technology that automakers can tailor to their specific needs.

Read More →
aerial view of Kia Georgia's West Point manufacturing plant with the new solar canopy installed

Kia Embraces Clean Energy

A Kia Georgia partnership combines weather protection and renewable energy in a new solar canopy system at Kia’s West Point facility.

Read More →
Photo of Honda emblem

Honda-Sony Venture Dismantled

For nearly four years, the companies had worked toward the launch of the electric-vehicle brand’s first two models, but the shifting EV market scuttled the plans.

Read More →
Ad Loading...
prototype Porsche Cayenne with

Wireless EV Charging is on the Horizon

In what Porsche says is an industry first, its 2026 Cayenne is joining the automaker’s electric SUV lineup with an optional inductive charging system that can be purchased with the vehicle.

Read More →
pavement with car and charger wrapped around it painted on

EV Battery Cycle Life at Risk

Fast charging of electric vehicles provides a solution for range anxiety, but it also poses a risk to battery cycle life due to increased temperatures, according to an EV supply chain data provider.

Read More →
Up-close photo of car battery

Automaker Increases Parts Recycling

Stellantis is adding a third end-of-life vehicle dismantling facility to feed its growing reuse business sparked in large part by autos’ growing lifespans.

Read More →
Ad Loading...
Photo of wall-mounted Ford electric-vehicle charger in a home

Charging Challenges

An annual J.D. Power study finds eroding home EV charging contentment, though there are ways owners can boost theirs. The firm sees auto dealers playing a role.

Read More →
blue subaru crosstrek in city with Save with SUVS text and Providers and Administrators logo

Safety Drives Insurance Rates

Sixteen out of the 20 cheapest vehicles to insure in 2026 are SUVs, according to CarInsurance.com, largely because of their safety features and lower repair costs.

Read More →
Industryby Lauren LawrenceFebruary 25, 2026

Report Finds Year-End F&I Strength

Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.

Read More →
Ad Loading...
Product & Technologyby StaffFebruary 4, 2026

AAMS Training and Mosaic Compliance Services Merge

The strategic combination is intended to expand technology-driven compliance solutions for the automotive industry.

Read More →