Still a Sellers’ Market, Even as New Vehicle Sales Fall in the First Half of ‘22

GM retakes the number one spot from Toyota North America—by falling not as far.

After slipping behind Toyota Motor North America in all of 2021 and the first quarter of 2022, General Motors has reclaimed first-place in sales, with second-quarter sales propelling it past its rival for the entire half-year, and says it’s delaying delivery to the second half on another 95,000 vehicles or so awaiting parts clogged in the supply chain.

Compare the revised forecast with 2020, a year in which the first three months’ sales were close to the 17-million annual rate but fell to just 14.5 million annually by the end of the year. Even 2021 was better than 2022’s prospects, with 14.9 million sold .

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