OEMs Report 2022 Positive aspects & Losses: This fall Outcomes Roundup – Operations

As the brand new yr kicks off and the trade continues to grapple with continued provide chain points, a number of authentic gear producers (OEMs) reported 2022 year-end outcomes. Listed here are the highlights.

BMW

On Jan. 4, BMW reported ending 2022 sturdy as This fall gross sales elevated 9.4% over This fall 2021 and model gross sales within the U.S. totaled 101,738 autos. Nonetheless, complete yr 2022 gross sales had been down by 1.3% in comparison with 2021. 

GM

Normal Motors additionally introduced its This fall and 2022 gross sales outcomes. Final yr, GM and its sellers delivered 2.2 million autos within the U.S., main in complete gross sales and increasing its management in key market segments together with full-size pickups and full-size SUVs, in accordance with the corporate. GM noticed 623,261 in U.S. gross sales — up 41% YOY — and over 2.2 million for the yr, ending 2022 up 3% over the prior yr.

GM stated it plans to construct on this momentum in North America within the coming yr, rising its EV market share with 9 EV fashions on sale, together with the Chevrolet Bolt EV and Bolt EUV, which each delivered the most effective gross sales yr ever.

For its BrightDrop enterprise, gross sales to small companies had been up 20% in 2022, and GM stated it was the most effective yr for business deliveries since 2006.

GM estimates 2023 gross sales of 15 million with improved availability and fewer provide chain impacts. The 2024 Chevrolet Trax arrives this spring with a beginning MSRP of $21,495. Manufacturing of the 2023 Chevrolet Colorado and 2023 GMC Canyon midsize pickups are slated to start early this yr, whereas the brand new 2024 Silverado HD and Sierra HD fashions intention to launch in Q1.

Honda

American Honda posted its finest gross sales month since March as Honda and Acura mixed to just about 1 million models in 2022. Honda posted its second-best month and quarter of 2022, taking the model above 880,000 in annual gross sales.

The Civic and Accord achieved their finest gross sales of 2022 in December, with an annual document for Accord Hybrid. Honda stated the all-new CR-V and HR-V stay in sizzling demand with sturdy December gross sales. Acura gross sales reached 102,000 models for the yr. And the all-new Integra posted its third straight month topping 2,100 models to steer the posh gateway section in 2022.

Hyundai

Hyundai Motor America reported complete December gross sales of 72,058 models, a 40% improve in comparison with December 2021 and the best December gross sales in Hyundai historical past. Retail gross sales had been up 27% final month, marking the fifth consecutive month of record-setting retail gross sales. SUVs had been 74% of retail gross sales with greater than 47,800 models bought, in accordance with the corporate.

December noticed the all time retail and complete gross sales for the Venue, Elantra HEV, Elantra N, IONIQ 5, Santa Fe HEV, Tucson HEV, Santa Cruz, Kona EV, and Kona N. Eco-friendly car retail gross sales grew 72% to December 2021.

In This fall, Hyundai bought 195,967 models, a This fall complete gross sales document, and a rise of 29% in comparison with This fall 2021. Eco-friendly car retail gross sales for the quarter grew 40% in comparison with This fall 2021. For the yr, Hyundai bought 724,265 models, a 2% lower in comparison with 2021. Nonetheless, it outperformed the trade with forecasts predicting a drop of 8.4% in complete gross sales when adjusted for promoting days.

Kia

Kia America introduced its best-ever December gross sales of 60,422 models, a rise of 11.2% over the earlier December document set in 2016 and up 25% YOY. With the shut of 2022 gross sales, Kia additionally marked its best-ever This fall efficiency, with annual retail gross sales quantity of 654,554, a rise of 1.7% in comparison with the earlier retail document in 2021.

Gross sales of Kia’s SUVs and utility autos represented 66.8% of the model’s total 2022 gross sales complete lead by the Sportage, Telluride and Sorento. Three SUV fashions achieved new full-year information – Sportage, Telluride, and Niro.

Gross sales of Kia’s electrified choices elevated by 142% over the identical interval final yr. Kia’s electrified fashions posted double- or triple-digit gross sales positive aspects in six of the previous 12 months.

Mazda

Mazda North American Operations reported complete December gross sales of 27,292 autos, a rise of 40.5% over December 2021. Full-year gross sales totaled 294,908 autos, a lower of 11.4% from 2021. With simply 27 promoting days in December, the corporate posted a rise of 40.5% on a Each day Promoting Fee (DSR) foundation.

Mazda started gross sales of its CX-50 within the U.S. in April and started exporting the U.S.-assembled CX-50 to Canada and Colombia.

Mitsubishi

Mitsubishi Motors North America, Inc. reported fourth quarter 2022 gross sales of 20,756 and annual gross sales of 85,810 autos. Its fleet quantity in This fall represented the single-lowest proportion of complete gross sales ever, and full-year fleet quantity at its lowest ever as nicely, attributed to the model maximizing seller stock for retail deliveries.

Since its spring 2022 launch, the Outlander remained the corporate’s prime vendor and document breaker, with 40,942 models bought by the total yr, the most effective single yr within the nameplate’s historical past. In the meantime, the 2023 Outlander Plug-in Hybrid Electrical Automobile (PHEV) started arriving in dealerships in late November and set a brand new all-time single-month gross sales document, almost 20% above another single month within the historical past of the mannequin. PHEV gross sales had been up 200% year-over-year in its first full month.

Nissan

Nissan Group introduced complete U.S. This fall gross sales for 2022 of 191,012 models, a lower of two% versus the prior yr, in addition to complete calendar yr 2022 U.S. gross sales of 729,350 models, a lower of 25.4% p.c in comparison with the prior yr.

Its autos carried out nicely over 2021, although: Gross sales of the Pathfinder had been up 40% for the calendar yr; Altima up 34.9%; and Frontier up 25.5% for the calendar yr.

Stellantis

FCA US LLC shared gross sales of 347,669 autos within the fourth quarter and 1,547,076 autos for 2022. Total, complete U.S. gross sales for This fall declined 16% whereas full-year outcomes decreased 13%.

The corporate’s complete PHEV U.S. gross sales elevated 26% YOY and 21% within the fourth quarter versus final yr. Stellantis stated it’s setting the course for 50% passenger automobile and light-duty truck battery-electric autos (BEV) gross sales combine within the U.S. by the top of this decade.

Stellantis additionally stated the Jeep Wrangler 4xe stays America’s best-selling plug-in hybrid car, with 43,176 (24%) of complete Jeep Wrangler gross sales in 2022. Gross sales of the Wrangler 4xe elevated 46% yr over yr, and 22% in the course of the fourth quarter versus the identical interval final yr. 

Two of the primary all-new electrical SUVs that can launch in North America, the all-electric Jeep Recon and Wagoneer, had been revealed in September.

The Ram model’s complete U.S. gross sales inside its business fleet channel elevated 28% versus 2021; up 72% in complete gross sales within the fourth quarter versus identical interval final yr. Energy of demand for Ram business fleet autos gave the Ram ProMaster van its best-ever fourth quarter complete U.S. gross sales, up 33% versus the identical interval final yr.

Subaru

On Jan. 4, Subaru of America stated its December gross sales had been up 11% from 2021, with 56,760 car gross sales for December 2022. With 5 consecutive months of gross sales will increase, Subaru ended CY-2022 4.7% beneath CY-2021.

In 2022, Crosstrek was the model’s prime performer by quantity with 155,142 annual gross sales, attaining its finest yr ever. Outback adopted carefully with 147,262 car gross sales, whereas Forester added 114,096 annual gross sales in 2022.

Toyota

Toyota Motor North America additionally reported year-end 2022 U.S. gross sales of two,108,458 autos, a lower of 9.6% on a quantity foundation and 9.9% on a day by day promoting fee foundation in comparison with 2021. Nonetheless, its fourth quarter 2022 gross sales elevated 13.1% on a quantity foundation and DSR foundation in comparison with identical quarter in 2021. December 2022 gross sales within the U.S. totaled 180,147 autos, a rise of three.5% on a quantity foundation and DSR foundation in comparison with December 2021. Toyota’s 2022 electrified car gross sales of 504,016 symbolize almost 24% of complete gross sales quantity.

It stated the Corolla is the No. 1 compact automobile in America; Camry is the No. 1 passenger automobile for the twenty first consecutive yr; Tacoma is prime small pickup for the 18th consecutive yr; and RAV4 is the best-selling SUV within the U.S. for the seventh consecutive yr.

Toyota additionally introduced an extra $2.5 billion funding at its North Carolina manufacturing plant to provide batteries for hybrids and electrical autos. It’s anticipated to begin manufacturing in 2025.

ICYMI: Ford’s F-Sequence

In different OEM information, Ford introduced its F-Sequence has surpassed 640,000 vehicles in 2022, and is America’s best-selling car for 41 years after promoting a mean of a minimum of one truck each 49 seconds final yr. For extra particulars, go to the information story on our sister web site, Work Truck.