As the brand new 12 months kicks off and the trade continues to grapple with continued provide chain points, a number of unique tools producers (OEMs) reported 2022 year-end outcomes. Listed below are the highlights.
BMW
On Jan. 4, BMW reported ending 2022 sturdy as This autumn gross sales elevated 9.4% over This autumn 2021 and model gross sales within the U.S. totaled 101,738 autos. Nonetheless, whole 12 months 2022 gross sales had been down by 1.3% in comparison with 2021.
GM
Common Motors additionally introduced its This autumn and 2022 gross sales outcomes. Final 12 months, GM and its sellers delivered 2.2 million autos within the U.S., main in whole gross sales and increasing its management in key market segments together with full-size pickups and full-size SUVs, in line with the corporate. GM noticed 623,261 in U.S. gross sales — up 41% YOY — and over 2.2 million for the 12 months, ending 2022 up 3% over the prior 12 months.
GM stated it plans to construct on this momentum in North America within the coming 12 months, rising its EV market share with 9 EV fashions on sale, together with the Chevrolet Bolt EV and Bolt EUV, which each delivered the most effective gross sales 12 months ever.
For its BrightDrop enterprise, gross sales to small companies had been up 20% in 2022, and GM stated it was the most effective 12 months for industrial deliveries since 2006.
GM estimates 2023 gross sales of 15 million with improved availability and fewer provide chain impacts. The 2024 Chevrolet Trax arrives this spring with a beginning MSRP of $21,495. Manufacturing of the 2023 Chevrolet Colorado and 2023 GMC Canyon midsize pickups are slated to start early this 12 months, whereas the brand new 2024 Silverado HD and Sierra HD fashions purpose to launch in Q1.
Honda
American Honda posted its finest gross sales month since March as Honda and Acura mixed to just about 1 million items in 2022. Honda posted its second-best month and quarter of 2022, taking the model above 880,000 in annual gross sales.
The Civic and Accord achieved their finest gross sales of 2022 in December, with an annual document for Accord Hybrid. Honda stated the all-new CR-V and HR-V stay in scorching demand with sturdy December gross sales. Acura gross sales reached 102,000 items for the 12 months. And the all-new Integra posted its third straight month topping 2,100 items to guide the luxurious gateway phase in 2022.
Hyundai
Hyundai Motor America reported whole December gross sales of 72,058 items, a 40% enhance in comparison with December 2021 and the best December gross sales in Hyundai historical past. Retail gross sales had been up 27% final month, marking the fifth consecutive month of record-setting retail gross sales. SUVs had been 74% of retail gross sales with greater than 47,800 items offered, in line with the corporate.
December noticed the all-time retail and whole gross sales for the Venue, Elantra HEV, Elantra N, IONIQ 5, Santa Fe HEV, Tucson HEV, Santa Cruz, Kona EV, and Kona N. Eco-friendly automobile retail gross sales grew 72% to December 2021.
In This autumn, Hyundai offered 195,967 items, a This autumn whole gross sales document, and a rise of 29% in comparison with This autumn 2021. Eco-friendly automobile retail gross sales for the quarter grew 40% in comparison with This autumn 2021. For the 12 months, Hyundai offered 724,265 items, a 2% lower in comparison with 2021. Nonetheless, it outperformed the trade with forecasts predicting a drop of 8.4% in whole gross sales when adjusted for promoting days.
Kia
Kia America introduced its best-ever December gross sales of 60,422 items, a rise of 11.2% over the earlier December document set in 2016 and up 25% YOY. With the shut of 2022 gross sales, Kia additionally marked its best-ever This autumn efficiency, with annual retail gross sales quantity of 654,554, a rise of 1.7% in comparison with the earlier retail document in 2021.
Gross sales of Kia’s SUVs and utility autos represented 66.8% of the model’s general 2022 gross sales whole lead by the Sportage, Telluride and Sorento. Three SUV fashions achieved new full-year information – Sportage, Telluride, and Niro.
Gross sales of Kia’s electrified choices elevated by 142% over the identical interval final 12 months. Kia’s electrified fashions posted double- or triple-digit gross sales positive aspects in six of the previous 12 months.
Mazda
Mazda North American Operations reported whole December gross sales of 27,292 autos, a rise of 40.5% over December 2021. Full-year gross sales totaled 294,908 autos, a lower of 11.4% from 2021. With simply 27 promoting days in December, the corporate posted a rise of 40.5% on a Day by day Promoting Price (DSR) foundation.
Mazda started gross sales of its CX-50 within the U.S. in April and commenced exporting the U.S.-assembled CX-50 to Canada and Colombia.
Mitsubishi
Mitsubishi Motors North America, Inc. reported fourth quarter 2022 gross sales of 20,756 and annual gross sales of 85,810 autos. Its fleet quantity in This autumn represented the single-lowest share of whole gross sales ever, and full-year fleet quantity at its lowest ever as properly, attributed to the model maximizing vendor stock for retail deliveries.
Since its spring 2022 launch, the Outlander remained the corporate’s high vendor and document breaker, with 40,942 items offered by the total 12 months, the most effective single 12 months within the nameplate’s historical past. In the meantime, the 2023 Outlander Plug-in Hybrid Electrical Automobile (PHEV) started arriving in dealerships in late November and set a brand new all-time single-month gross sales document, almost 20% above every other single month within the historical past of the mannequin. PHEV gross sales had been up 200% year-over-year in its first full month.
Nissan
Nissan Group introduced whole U.S. This autumn gross sales for 2022 of 191,012 items, a lower of two% versus the prior 12 months, in addition to whole calendar 12 months 2022 U.S. gross sales of 729,350 items, a lower of 25.4% % in comparison with the prior 12 months.
Its autos carried out properly over 2021, although: Gross sales of the Pathfinder had been up 40% for the calendar 12 months; Altima up 34.9%; and Frontier up 25.5% for the calendar 12 months.
Stellantis
FCA US LLC shared gross sales of 347,669 autos within the fourth quarter and 1,547,076 autos for 2022. Total, whole U.S. gross sales for This autumn declined 16% whereas full-year outcomes decreased 13%.
The corporate’s whole PHEV U.S. gross sales elevated 26% YOY and 21% within the fourth quarter versus final 12 months. Stellantis stated it’s setting the course for 50% passenger automotive and light-duty truck battery-electric autos (BEV) gross sales combine within the U.S. by the tip of this decade.
Stellantis additionally stated the Jeep Wrangler 4xe stays America’s best-selling plug-in hybrid automobile, with 43,176 (24%) of whole Jeep Wrangler gross sales in 2022. Gross sales of the Wrangler 4xe elevated 46% 12 months over 12 months, and 22% in the course of the fourth quarter versus the identical interval final 12 months.
Two of the primary all-new electrical SUVs that can launch in North America, the all-electric Jeep Recon and Wagoneer, had been revealed in September.
The Ram model’s whole U.S. gross sales inside its industrial fleet channel elevated 28% versus 2021; up 72% in whole gross sales within the fourth quarter versus similar interval final 12 months. Energy of demand for Ram industrial fleet autos gave the Ram ProMaster van its best-ever fourth quarter whole U.S. gross sales, up 33% versus the identical interval final 12 months.
Subaru
On Jan. 4, Subaru of America stated its December gross sales had been up 11% from 2021, with 56,760 automobile gross sales for December 2022. With 5 consecutive months of gross sales will increase, Subaru ended CY-2022 4.7% beneath CY-2021.
In 2022, Crosstrek was the model’s high performer by quantity with 155,142 annual gross sales, attaining its finest 12 months ever. Outback adopted carefully with 147,262 automobile gross sales, whereas Forester added 114,096 annual gross sales in 2022.
Toyota
Toyota Motor North America additionally reported year-end 2022 U.S. gross sales of two,108,458 autos, a lower of 9.6% on a quantity foundation and 9.9% on a day by day promoting charge foundation in comparison with 2021. Nonetheless, its fourth quarter 2022 gross sales elevated 13.1% on a quantity foundation and DSR foundation in comparison with similar quarter in 2021. December 2022 gross sales within the U.S. totaled 180,147 autos, a rise of three.5% on a quantity foundation and DSR foundation in comparison with December 2021. Toyota’s 2022 electrified automobile gross sales of 504,016 signify almost 24% of whole gross sales quantity.
It stated the Corolla is the No. 1 compact automotive in America; Camry is the No. 1 passenger automotive for the twenty first consecutive 12 months; Tacoma is high small pickup for the 18th consecutive 12 months; and RAV4 is the best-selling SUV within the U.S. for the seventh consecutive 12 months.
Toyota additionally introduced a further $2.5 billion funding at its North Carolina manufacturing plant to provide batteries for hybrids and electrical autos. It’s anticipated to begin manufacturing in 2025.
ICYMI: Ford’s F-Collection
In different OEM information, Ford introduced its F-Collection has surpassed 640,000 vehicles in 2022, and is America’s best-selling automobile for 41 years after promoting a median of at the least one truck each 49 seconds final 12 months. For extra particulars, go to the information story on our sister web site, Work Truck.