GM reclaims title as America’s top automaker after a 2.5% jump in sales last year

DETROIT – General Motors reclaimed its U.S. gross sales crown from Toyota Motor final yr because the Detroit automaker eked out a slight acquire in its annual U.S. car gross sales regardless of provide chain issues.

GM stated Wednesday it bought 2.27 million autos within the U.S. in 2022, up by 2.5% over 2021, together with a 41.4% improve through the fourth quarter. Analysts anticipate general U.S. auto trade gross sales to have declined by 8% and 10% final yr in comparison with 2021.

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Toyota stated it bought 2.1 million autos within the U.S. final yr, down 9.6% from 2021.

Toyota edged out GM in gross sales by 114,034 autos in 2021 – dethroning the Detroit automaker for the primary time since 1931 when it surpassed Ford Motor. Toyota executives beforehand stated the highest gross sales spot was unattainable, however CEO Akio Toyoda final yr advised sellers he did a “happy dance” when he heard the news.

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