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U.S. car manufacturers capitalize on retail demand

Car and Truck Sales


General Motors Co. and Ford Motor Co. posted strong gains in March U.S. sales, even as the two top U.S. auto makers worked to curb fleet sales and ramp up their retail business.


Another thing keeping car sales growing could be a jump in the number and amount of incentives. Some analysts believe, that incentives will continue a slow but steady rise in the coming months.


U.S. auto sales soared in March by 30.2 % from last year, to 1,412,700 units, higher than recent number of average monthly sales.
Another thing keeping car sales growing could be a jump in the number and amount of incentives. Some analysts believe, that incentives will continue a slow but steady rise in the coming months.

U.S. vehicle sales marked an by 19.4 % advance compare to a month before.
Light truck sales jumped in March by 29.9 %, to 1,080,100 vehicles. Alike sales of heavy trucks, light truck models have lost marketshare in the U.S., despite healthy sales figures, Light trucks marketshare fell from 76.61 %, a year ago to 76.46 % in March.

The economic growth and a deep bench of fuel-efficient cars and crossovers have been driving light truck sales for more than a year, but the combined impact has never been stronger than it was in March.





March 2023 U.S. Car Sales

• U.S. Total Vehicle Sales 1,412,700 units up by 30.20 %

• U.S. Car Sales 288,000 units up by 31.87 %

• U.S. Domestic Car Sales 213,700 units up by 33.40 %

• U.S. Foreign Car Sales 74,300 units up by 27.66 %

• U.S. Light Truck Sales 1,080,100 units up by 29.94 %

• U.S. Heavy Truck Sales 44,600 units up by 25.99 %

see monthly car sales


Average expenditure per car in U.S. were at $31,455 in March 2023 -2.13 %


Average expenditure per car in U.S., foreign model were at $39,016 Average expenditure per car in U.S., domestic model were at $28,812
-2.13 % -27.31 %


Average business expenditure per car in U.S. were at $33,952 Average consumer expenditure per car in U.S. were at $30,521
-6.24 % -6.24 %



World Wide Market Share in the first quarter 2023


Vehicle Sales in the first quarter 2023

 Industry wide Sales

 • U.S. Vehicle Sales up 8.90 %

 • N. Am. Vehicle Sales up 9.83 %

 • Europe Vehicle Sales up 7.22 %

 • Asia Vehicle Sales -1.02 %

 • Other Markets Sales -11.08 %

 • Total Vehicle Sales up 3.19 %


In the first quarter industry wide vehicle sales in U.S. were 3,684,000 units, 18.39% of total world wide industry sales and an deacrease of -1.34 % from the forth quarter 0, while from first quarter 0 sales grew by 8.90 %.

For the same period world wide vehicle sales fell by -2.90 % sequentialy and advanced by 3.19 % from same quarter year ago.



Ford
In the first quarter of 2023 Ford vehicle sales in North America declined by -100.00 % sequentialy to 0 units and fell by -100.00 % from same quarter year ago.



World wide Ford sold 1,056,000 vehicles a deacrease of -13.58 % from forth quarter and an increase of 9.32 % from first quarter.


General Motors

In the first quarter of 2023 General Motors sold 603,000 vehicles in U.S. a sequential deacrease of -3.21 % and an increase of 17.54 % from same quarter year ago.

General Motors market share was 16.40% in U.S.

GM sold 306,000 cars in U.S. an increase of 10.87 % from forth quarter 0 and an increase of 35.40 % from first quarter 0, this represented 50.75% of total G.M. vehicles sold in U.S. with market share of 8.40%.

General Motors truck sales in U.S. deacreased by -14.41 % from forth quarter and an increase of 3.48 % from first quarter year ago, to 297,000 trucks.

Market share was 29.90% in U.S.

World wide General Motors sold 1,384,000 vehicles down by -10.88 % sequentialy and down by -3.01 % from same quarter year ago. World wide market share was 6.90%.


Vehicle Production
(& Estimates)
Estimated Vehicle Production in U.S.
0 units
unch.
Estimated Vehicle Production in Europe
0 units
unch.




    In the year 2022 World Wide 78,542,000 new cars & trucks were sold


World-wide Auto Sales Market Share in the first quarter 2023




General Motors Market Share



Market Share GM
( In %)
first quarter
2023
forth quarter
2022
third quarter
2022
second quarter
2022
first quarter
2022
GM North America Market Share
15.8 % 15.5 % 15.6 % 15.6 % 14.8 %
GM U.S. Market Share
16.4 % 16 % 15.9 % 16.2 % 15.2 %
GM Cars Market Share
8.4 % 7.6 % 7.2 % 7.6 % 7 %
GM Trucks Market Share
29.9 % 31.4 % 30 % 32 % 32.5 %
GM Europe Market Share
- % - % - % - % - %
GM Market Share Germany
- % - % - % - % - %
GM Market Share United Kingdom
- % - % - % - % - %
GM Asia/Africa/Mid-East Market Share
9 % 9.8 % 9.9 % 9.7 % 10.6 %
GM Market Share China
9 % 9.8 % 9.9 % 9.7 % 10.6 %
GM Market Share Australia
- % - % - % - % - %
GM South America Market Share
12.4 % 12.3 % 13 % 11.8 % 11.4 %
GM Market Share Brazil
15.1 % 13.8 % 15 % 12.8 % 12.4 %
GM Vehicle Total Market Share
6.9 % 7.6 % 7.7 % 7.6 % 7.3 %

Ford Motor Market Share
 
Market Share Ford
( In %)
first quarter
2023
forth quarter
2022
third quarter
2022
second quarter
2022
first quarter
2022
Ford North America Market Share
- % 15.03 % 12.82 % 12.9 % 12 %
Ford Vehicle U.S. Market Share
- % - % - % - % - %
Ford Europe & PAG Market Share
- % 7.98 % 6.16 % 6.4 % 6.6 %
Ford Asia Pacific, Africa & Market Share
- % 3.69 % 1.46 % 2.3 % 2.2 %
Ford South America Market Share
241.94 % 3.52 % 2.01 % 1.2 % 2.2 %
Ford Australia Market Share
- % - % - % - % - %
Ford Vehicle Total Market Share
5.27 % 6.1 % 5.09 % 5.3 % 4.8 %




Monthly Industry Wide Vehicle Sales





Vehicle Unit Sales
(In units)
March 2023
Feb. 2023
Dec. 2022
Nov. 2022
Oct. 2022
Total Vehicle Sales in U.S.
1,412,700 1,183,200 1,319,700 1,171,600 1,224,500
Car Sales in U.S.
288,000 231,000 243,800 240,500 243,600
Domestic Cars Sales in U.S.
213,700 170,300 178,700 181,200 186,400
Foreign Cars Sales in U.S.
74,300 60,700 65,100 59,300 57,200
Light Truck Sales in U.S.
1,080,100 915,300 1,025,700 890,000 937,800
Domestic Light Truck Sales in U.S.
869,100 740,700 829,500 724,100 759,100
Foreign Light Truck Sales in U.S.
211,000 174,600 196,200 165,900 178,700
Heavy Truck Sales in U.S.
44,600 36,900 50,200 41,100 43,100




Year on Year Monthly Industry Wide Vehicle Sales Growth





Vehicle Unit Sales
(Monthly, in % Y / Y)
March 2023
Feb. 2023
Dec. 2022
Nov. 2022
Oct. 2022
Total Vehicle Sales U.S. 30.2 % 15.31 % 6.48 % 13.45 % 13.6 %
Car Sales U.S. 31.87 % 14.53 % 2.18 % 23.02 % 17.62 %
Domestic Cars Sales U.S. 33.4 % 15.69 % 0.85 % 21.61 % 22.15 %
Foreign Cars Sales U.S. 27.66 % 11.38 % 6.03 % 27.53 % 4.95 %
Light Truck Sales U.S. 29.94 % 16.01 % 6.25 % 10.52 % 11.79 %
Domestic Light Truck Sales U.S. 32.83 % 18.46 % 5.93 % 10.41 % 14.34 %
Foreign Light Truck Sales U.S. 19.28 % 6.66 % 7.62 % 10.97 % 2.11 %
Heavy Truck Sales U.S. 25.99 % 4.24 % 41.81 % 28.84 % 35.11 %



Sequential Monthly Industry Wide Vehicle Sales Growth


Vehicle Unit Sales
(Monthly, in % M / M)
March 2023
Feb. 2023
Dec. 2022
Nov. 2022
Oct. 2022
Total Vehicle Sales U.S. 19.4 % -10.34 % 12.64 % -4.32 % 5.03 %
Car Sales U.S. 24.68 % -5.25 % 1.37 % -1.27 % 4.77 %
Domestic Cars Sales U.S. 25.48 % -4.7 % -1.38 % -2.79 % 7.06 %
Foreign Cars Sales U.S. 22.41 % -6.76 % 9.78 % 3.67 % -2.05 %
Light Truck Sales U.S. 18.01 % -10.76 % 15.25 % -5.1 % 5.17 %
Domestic Light Truck Sales U.S. 17.33 % -10.71 % 14.56 % -4.61 % 4.42 %
Foreign Light Truck Sales U.S. 20.85 % -11.01 % 18.26 % -7.16 % 8.5 %
Heavy Truck Sales U.S. 20.87 % -26.49 % 22.14 % -4.64 % 3.36 %

Monthly Domestic Vehicle Unit Sales Growth M/M
 
Domestic Vehicle Unit Sales
(Monthly, in % M / M)
March 2023
Feb. 2023
Dec. 2022
Nov. 2022
Oct. 2022
Ford Vehicle Total U.S. -0.71 % -1.95 % 0.29 % 0.46 % -0.2 %
GM Vehicle Total U.S. -2.06 % 3.75 % 2.41 % -1.91 % -1.02 %
GM Cars 3.7 % -13.17 % -5.12 % 2.54 % 4.84 %
GM Trucks -0.31 % -1.48 % 0.26 % 0.73 % -2.59 %
GM Light Truck Total -1.09 % -1.59 % 0.22 % 0.2 % 0.76 %
GM Light Vehicle Total



Quarterly Industry Wide Vehicle Sales




Vehicle Unit Sales Industry Volume
(In units)
first quarter
2023
forth quarter
2022
third quarter
2022
second quarter
2022
first quarter
2022
North America
4,470,000 4,540,000 4,259,000 4,401,000 4,070,000
U.S.
3,684,000 3,734,000 3,489,000 3,594,000 3,383,000
Europe
4,012,000 3,049,000 3,538,000 3,772,000 3,742,000
Asia/Africa/Mid-East/Oceania
10,701,000 12,075,000 11,094,000 9,524,000 10,811,000
China
5,154,000 6,260,000 6,392,000 5,016,000 5,796,000
South America
852,000 969,000 997,000 907,000 793,000
Vehicle Total
20,035,000 20,634,000 19,888,000 18,604,000 19,416,000

Quarterly General Motors Vehicle Sales
 
Vehicle Unit Sales GM Volume
(In units)
first quarter
2023
forth quarter
2022
third quarter
2022
second quarter
2022
first quarter
2022
GM North America
707,000 729,000 663,000 687,000 601,000
GM U.S.
603,000 623,000 556,000 582,000 513,000
GM Cars
306,000 276,000 257,000 269,000 226,000
GM Trucks
297,000 347,000 299,000 313,000 287,000
GM Europe
- - - - -
GM Asia/Africa/Mid-East/Oceania
572,000 699,000 744,000 627,000 735,000
GM China
462,000 576,000 630,000 484,000 613,000
GM South America
105,000 125,000 130,000 107,000 90,000
GM Vehicle Total
1,384,000 1,553,000 1,537,000 1,422,000 1,427,000

Quarterly Ford Motor Vehicle Sales
 
Vehicle Unit Sales Ford Volume
(In units)
first quarter
2023
forth quarter
2022
third quarter
2022
second quarter
2022
first quarter
2022
Ford North America
- 672,000 546,000 618,000 514,000
Ford Vehicle U.S.
- 672,000 546,000 618,000 514,000
Ford South America
- 30,000 20,000 18,000 15,000
Ford Europe
- 320,000 218,000 222,000 254,000
Volvo
- - 66,000 59,000 55,000
Ford Asia /Pacific & Africa
- 395,000 162,000 114,000 128,000
Ford Vehicle Total
1,056,000 1,222,000 1,012,000 1,031,000 966,000





Quarterly Industry Wide Vehicle Sales Growth Y/Y


Vehicle Unit Sales Industry Volume
(In % Y / Y)
first quarter
2023
forth quarter
2022
third quarter
2022
second quarter
2022
first quarter
2022
North America 9.83 % 9.69 % -0.33 % -17.92 % -13.26 %
U.S. 8.9 % 9.79 % -0.06 % -20.54 % -14.74 %
Europe 7.22 % -1.23 % -5.6 % -13.45 % -3.73 %
Asia Pacific -1.02 % 2.34 % 6.41 % -16.27 % -7.34 %
China -11.08 % -7.7 % 10.42 % -24.53 % -12.99 %
Asia Pacific -1.02 % 2.34 % 6.41 % -16.27 % -7.34 %
Vehicle Total 3.19 % 3.4 % 2.81 % -15.4 % -8.11 %

Quarterly General Motors Vehicle Sales Growth Y/Y
 
Vehicle Unit Sales GM Volume
(In % Y / Y)
first quarter
2023
forth quarter
2022
third quarter
2022
second quarter
2022
first quarter
2022
GM North America 17.64 % 42.38 % 27.01 % -13.48 % -19.44 %
GM U.S. 17.54 % 41.27 % 24.38 % -15.41 % -20.09 %
GM Cars 35.4 % 87.76 % 41.99 % -18.98 % -32.54 %
GM Trucks 3.48 % 18.03 % 12.41 % -12.08 % -6.51 %
GM Europe
GM Asia/Africa/Mid-East -22.18 % -17.67 % 3.48 % -28.34 % -16.48 %
GM China -24.63 % -21.85 % 0.96 % -35.55 % -21.41 %
GM South America 7.44 % 4.08 % 11.02 % 1.34 % -10.19 %
GM Vehicle Total -3.01 % 5 % 17.24 % -19.07 % -18.18 %

Quarterly Ford Motor Vehicle Sales Growth Y/Y
 
Vehicle Unit Sales Ford Volume
(In % Y / Y)
first quarter
2023
forth quarter
2022
third quarter
2022
second quarter
2022
first quarter
2022
Ford North America - % 64.3 % -16.13 % 88.99 % -16.96 %
Ford Vehicle U.S. - % 64.3 % -16.13 % 88.99 % -16.96 %
Ford South America - % -58.33 % 0 % -74.58 %
Ford Europe - % 75.82 % -8.79 % 21.98 % -11.81 %
Ford Asia Pacific & Africa - % 145.34 % -1.22 % -27.39 % -19.5 %
Ford Vehicle Total 9.32 % 62.5 % -14.09 % 33.72 % -14.13 %





Q/Q Quarterly Industry Wide Vehicle Sales Growth


Vehicle Unit Sales Industry Volume
(In % Q / Q)
first quarter
2023
forth quarter
2022
third quarter
2022
second quarter
2022
first quarter
2022
North America -1.54 % 6.6 % -3.23 % 8.13 % -1.67 %
U.S. -1.34 % 7.02 % -2.92 % 6.24 % -0.53 %
Europe 31.58 % -13.82 % -6.2 % 0.8 % 21.22 %
Asia Pacific -11.38 % 8.84 % 16.48 % -11.9 % -8.37 %
China -17.67 % -2.07 % 27.43 % -13.46 % -14.54 %
South America -12.07 % -2.81 % 9.92 % 14.38 % -14.82 %
Vehicle Total -2.9 % 3.75 % 6.9 % -4.18 % -2.71 %

Quarterly General Motors Vehicle Sales
 
Vehicle Unit Sales GM Volume
(In % Q / Q)
first quarter
2023
forth quarter
2022
third quarter
2022
second quarter
2022
first quarter
2022
GM North America -3.02 % 9.95 % -3.49 % 14.31 % 17.38 %
GM U.S. -3.21 % 12.05 % -4.47 % 13.45 % 16.33 %
GM Cars 10.87 % 7.39 % -4.46 % 19.03 % 53.74 %
GM Trucks -14.41 % 16.05 % -4.47 % 9.06 % -2.38 %
GM Europe
GM Asia/Africa/Mid-East -18.17 % -6.05 % 18.66 % -14.69 % -13.43 %
GM China -19.79 % -8.57 % 30.17 % -21.04 % -16.82 %
GM South America -16 % -3.85 % 21.5 % 18.89 % -23.08 %
GM Vehicle Total -10.88 % 1.04 % 8.09 % -0.35 % -3.52 %

Quarterly Ford Motor Vehicle Sales Q/Q
 
Vehicle Unit Sales Ford Volume
(In % Q / Q)
first quarter
2023
forth quarter
2022
third quarter
2022
second quarter
2022
first quarter
2022
Ford North America - % 23.08 % -11.65 % 20.23 % 25.67 %
Ford Vehicle U.S.
Ford South America - % 50 % 11.11 % 20 %
Ford Europe - % 46.79 % -1.8 % -12.6 % 39.56 %
Ford Asia Pacific & Africa - % 143.83 % 42.11 % -10.94 % -20.5 %
Ford Vehicle Total -13.58 % 20.75 % -1.84 % 6.73 % 28.46 %



Annual Industry Wide Vehicle Sales


Vehicle Unit Sales Industry Volume
(In units)
2022
2021
2020
2019
2018
North America
17,270,000 16,901,000 17,722,000 21,175,000 21,529,000
U.S.
14,200,000 14,200,000 14,924,000 17,533,000 17,694,000
Europe
14,101,000 11,994,000 14,795,000 18,876,000 19,045,000
Asia/Africa/Mid-East/Oceania
43,504,000 36,791,000 42,908,000 46,901,000 48,718,000
China
23,464,000 19,096,000 24,922,000 25,398,000 26,466,000
South America
3,666,000 2,676,000 3,158,000 4,318,000 4,485,000
World-wide Vehicle Total Sales
78,542,000 68,755,000 78,583,000 91,270,000 93,777,000

Annual General Motors Vehicle Sales
 
Vehicle Unit Sales GM Volume
(In units)
2022
2021
2020
2019
2018
GM North America
2,680,000 2,574,000 2,924,000 3,367,000 3,490,000
GM U.S.
2,274,000 2,218,000 2,547,000 2,887,000 2,954,000
GM Cars
- - - - -
GM Trucks
423,265 417,219 354,352 - -
GM Light Truck Total
383,701 368,597 320,054 - -
GM Light Vehicle Total
- - - - -
GMC
- - - - -
GM Europe
- - - 4,000 4,000
GM Asia/Africa/Mid-East/Oceania
2,805,000 3,323,000 3,434,000 3,816,000 4,195,000
GM China
2,303,000 2,892,000 2,901,000 3,094,000 2,680,000
GM South America
452,000 393,000 3,434,000 669,000 4,195,000
GM World-wide Vehicle Total Sales
5,939,000 6,291,000 6,829,000 7,718,000 8,379,000

Annual Ford Motor Vehicle Sales
 
Vehicle Unit Sales Ford Volume
(In units)
2022
2021
2020
2019
2018
Ford North America
2,350,000 2,006,000 2,081,000 2,765,000 2,920,000
Ford Vehicle U.S.
- - - - -
Ford South America
83,000 81,000 185,000 295,000 365,000
Ford Europe
1,014,000 891,000 1,020,000 1,418,000 1,542,000
Premier Automotive Group
- - - - -
Ford Asia/ Pacific & Africa
799,000 965,000 901,000 908,000 1,166,000
Ford World-wide Vehicle Total Sales
4,231,000 3,942,000 5,386,000 5,386,000 6,010,000


Annual Industry Wide Vehicle Sales Y/Y





Vehicle Unit Sales Industry Volume
(In % Y / Y)
2022
2021
2020
2019
2018
North America 2.18 % -4.63 % -16.31 % -1.64 % -0.09 %
U.S. 0 % -4.85 % -14.88 % -0.91 % 0.72 %
Europe 17.57 % -18.93 % -21.62 % -0.89 % -0.54 %
Asia/Africa/Mid-East/Oceania 18.25 % -14.26 % -8.51 % -3.73 % -1.21 %
China 22.87 % -23.38 % -1.87 % -4.04 % -6.32 %
South America 37 % -15.26 % -26.86 % -3.72 % 7.66 %
Vehicle Total 14.23 % -12.51 % -13.9 % -2.67 % -0.43 %

Annual General Motors Vehicle Sales Growth
 
Vehicle Unit Sales GM Volume
(In % Y / Y)
2022
2021
2020
2019
2018
GM North America 4.12 % -11.97 % -13.16 % -3.52 % -2.43 %
GM U.S. 2.52 % -12.92 % -11.78 % -2.27 % -1.61 %
GM Cars
GM Trucks 1.45 % 17.74 %
GM Light Truck Total 4.1 % 15.17 %
GM Light Vehicle Total
GMC
GM Europe 0 % -99.52 %
GM Asia/Africa/Mid-East/Oceania -15.59 % -3.23 % -10.01 % -9.03 % -9.98 %
GM China -20.37 % -0.31 % -6.24 % 15.45 % -33.65 %
GM South America 15.01 % -88.56 % 413.3 % -84.05 % -9.98 %
GM Vehicle Total -5.6 % -7.88 % -11.52 % -7.89 % -12.7 %

Annual Ford Motor Vehicle Sales Growth
 
Vehicle Unit Sales Ford Volume
(In % Y / Y)
2022
2021
2020
2019
2018
Ford North America 17.15 % -3.6 % -24.74 % -5.31 % -4.42 %
Ford Vehicle U.S.
Ford South America 2.47 % -56.22 % -37.29 % -19.18 % 6.73 %
Ford Europe 13.8 % -12.65 % -28.07 % -8.04 % -1.47 %
Premier Automotive Group
Ford Asia Pacific & Africa -17.2 % 7.1 % -0.77 % -22.13 % -32.64 %
Ford Vehicle Total 7.33 % -26.81 % 0 % -10.38 % -10.2 %




Picture Autor: (DeeMusil) licence Creative Commons.





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