U.S. automakers dominated the luxurious and home segments in 2022, with Tesla outrunning BMW and General Motors overtaking Toyota Motor.
According to Automotive News estimates, Tesla gross sales soared 44 p.c to 491,000 items, powered by demand for the Model Y crossover. The Texas EV maker ended BMW’s three-year streak on the high of the luxurious gross sales chart, besting the German automaker by almost 159,000 items and commanding 22 p.c of the phase.
GM reclaimed the title of top-selling automaker within the U.S. in 2022 by almost 150,000 items after Toyota held that spot a yr earlier. GM reported U.S. deliveries of two.258 million automobiles, up 2.5 p.c, with the Chevrolet Silverado full-size pickup its quantity chief. Toyota completed at 2.1 million deliveries, down 9.6 p.c.
Mercedes-Benz rallied within the fourth quarter to finish the yr with an uptick in gross sales — one in every of simply three main automakers that did. But sellers have lower than a 30-day provide of automobiles, Mercedes-Benz USA CEO Dimitris Psillakis stated.
“This has improved slightly compared to the end of 2021,” he stated. “Knowing the demand, we managed to supply our dealers with the right products.”
Parts shortages — particularly, microchips — dragged down gross sales at Ford Motor Co., Stellantis, Nissan Group and American Honda.
Semiconductor provides are “definitely improving, but not as quickly as we anticipated,” Judy Wheeler, Nissan division’s U.S. vp of gross sales and regional operations, advised Automotive News. “We are running into different issues with different suppliers.”
American Honda, which has suffered 17 consecutive months of losses, posted the steepest decline final yr amongst main automakers, at 33 p.c.
“We begin 2023 with roughly double the on-hand inventory of 2022,” stated Mamadou Diallo, vp of auto gross sales for American Honda. But the automaker has signaled that stock will not return to regular ranges till at the very least the autumn.