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Tag Archives: Chevrolet Equinox EV
GM 2024 U.S. Sales 2.7 Million
GM claimed it had a strong 2024 today in a social media post saying, GM expanded overall U.S. sales by 4%, to 2.7 million vehicles, its highest total since 2019. GM estimates its 2024 U.S. market share at 16.5%.
“We finished the year with inventory of about 54 days, meeting our target. All of our brands -Chevrolet, GMC, Buick and Cadillac – posted strong sales gains. For the fourth quarter, sales were up 21% from the year-earlier period,” said Rory Harvey, GM executive VP and president of global markets. “How did we do it? By investing to have the best portfolio in the industry. We have something for everyone, no matter what they like to drive.” Continue reading
Posted in auto news, car sharing, electric vehicles, marketing, news analysis, results, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Cadillac Escalade and LYRIQ, Chevrolet Equinox EV, gmc canyon, GMC Denali, gmc sierra, Ken Zino, Rory Harvey, X @KenAutoinformed
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GM, Honda to Develop New EVs for Sale in 2027
The business justification for the expansion of GM Honda collaboration has increased in urgency since yesterday’s release of the latest UN report on Greenhouse Gases. It said that greenhouse gas emissions must peak by 2025 at the latest, and then drop by more than 40% by the end of the decade to limit global temperature rise to 1.5 degrees Celsius compared to pre-industrial levels. Continue reading
Trump Tarriff Chaos – GM EV Sales Set Record
General Motors (NYSE: GM) said today that U.S. electric vehicle sales likely set an all-time monthly record in August, as customers rushed to make purchases ahead of the expiration of Federal EV tax credits.*
“August was our best month ever for EV sales – and we expect that buying surge to pay long-term dividends, given our industry-leading manufacturer loyalty, and EV customers’ overwhelming commitment to the technology. I’m grateful to our team and our dealers for helping us outperform nearly every EV competitor,” said Duncan Aldred, GM Senior Vice President and President, North America. Continue reading →