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GMC (NYSE: GM) said today that it is adding three new international markets. The premium truck brand at General Motors said customers in Australia, New Zealand and China will have the choice of the Yukon full-size SUV in these potentially high-growth markets. China sales are expected to begin in 2024, with Australia and New Zealand following in 2025. This announcement follows the launch of GMC in South Korea in 2023 with the GMC Sierra LD pickup truck, pioneering the premium pickup market in the country. These new markets add to GMC sales in the US, Mexico, Canada and Middle East.
“GMC is in the most exciting era in its history as we expect to grow competitively in our home market while venturing into new ones,” said Duncan Aldred, global vice president, Buick and GMC. “We’re forging our future as a premium truck and SUV brand.”
GMC finished calendar year 2023 in the US with an increase in retail sales of 6.5%, the best overall sales performance since 2017. Central to the increase was the Sierra LD and HD nameplates, achieving their best combined year of sales – the sixth consecutive year of segment share growth. Production of the HUMMER EV Pickup and SUV continues to expand with diminishing supply chain problems as retail sales doubled from 2022 to 2023.
GMC also sold the highest annual volume of both Denali (34%) and AT4 (19%) trims ever, resulting in record average transaction prices for GMC. In 2024, both trims celebrate anniversaries with the 25th year of Denali, and AT4 marking its fifth year in the GMC lineup.
Canada
- Retail sales up 10% in 2023
- Record total market share of 5.5%
- Record Sierra HD retail market share of 29.6%
- Denali and AT4 retail mix of 53%
- Yukon and Yukon XL best-selling full-size SUV in Canada
Middle East
- Total sales increased 15% year-over-year
- Yukon/Yukon XL sales increased 12% year-over-year
Mexico
- Sales increased 14.4% year-over-year
- Sierra sales increased 50.4% year-over-year
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About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
GMC to Add New Markets – Australia, New Zealand, China
Click for more GMC.
GMC (NYSE: GM) said today that it is adding three new international markets. The premium truck brand at General Motors said customers in Australia, New Zealand and China will have the choice of the Yukon full-size SUV in these potentially high-growth markets. China sales are expected to begin in 2024, with Australia and New Zealand following in 2025. This announcement follows the launch of GMC in South Korea in 2023 with the GMC Sierra LD pickup truck, pioneering the premium pickup market in the country. These new markets add to GMC sales in the US, Mexico, Canada and Middle East.
“GMC is in the most exciting era in its history as we expect to grow competitively in our home market while venturing into new ones,” said Duncan Aldred, global vice president, Buick and GMC. “We’re forging our future as a premium truck and SUV brand.”
GMC finished calendar year 2023 in the US with an increase in retail sales of 6.5%, the best overall sales performance since 2017. Central to the increase was the Sierra LD and HD nameplates, achieving their best combined year of sales – the sixth consecutive year of segment share growth. Production of the HUMMER EV Pickup and SUV continues to expand with diminishing supply chain problems as retail sales doubled from 2022 to 2023.
GMC also sold the highest annual volume of both Denali (34%) and AT4 (19%) trims ever, resulting in record average transaction prices for GMC. In 2024, both trims celebrate anniversaries with the 25th year of Denali, and AT4 marking its fifth year in the GMC lineup.
Canada
Middle East
Mexico
AutoInformed on
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.