“GM’s EV portfolio is growing faster than the market because we have an all-electric vehicle for just about everybody, no matter what they like to drive,” claimed Rory Harvey, GM executive vice president and president of Global Markets.

GM Highlights YOY

• 18 GM nameplates have higher ATPs than segment averages, at 112% of the industry average.
• GM Q3 ATPs of $49,349, in line with Q2
• GM Q3 incentives were 4.5% of ATP, flat with Q2 and 2.4 ppts. lower than the industry average.
• GM on track to end 2024 with 50 to 60-day range supply of vehicles per plan. 627,048 units of inventory heading into Q4,which is typically a period of strong sales and lower production due to holidays.
• Cadillac Lyric sales at 20,318 CYTD is outselling all EV nameplates from BMW, Mercedes, Audi and Lexus.