An astounding surge in consumer demand, industry-shifting innovation, and a reimagined approach to mobility has resulted in remarkable sales numbers for General Motors (GM), the esteemed Detroit-based automobile giant. Recently, GM recorded its best quarterly sales in the U.S since 2020, underscoring its tenacious drive for delivering unwavering quality and value to its consumers.
In the second quarter of 2021, GM’s U.S volume rose significantly by 40% to a breathtaking, 688,236 vehicles sold. The impressive feat was partly driven by increased production, after solving the semi-conductor chip shortage that troubled many automakers. The last time the automobile giant saw sales this robust was during the pre-pandemic period of 2020.
Sales of GM’s assortment of vehicles, from SUVs to trucks, surged during the quarter. Specifically, Chevrolet and GMC, two stalwart brands under the GM umbrella, witnessed stellar growth. Chevrolet, the value-driven brand providing efficient and reliable vehicles, saw its sales figure escalate by an impressive 31%. GMC, known for its premium vehicles that beautifully combine power and luxury, experienced a whopping 47% jump in sales during the same period.
The fervor for electric vehicles (EVs) has been sweeping the globe, and GM has poised itself as an industry mainstay in the EV market. The Chevy Bolt EV and EUV models, for instance, saw sales surge by impressive numbers, with an 81% and 350% increase respectively. Representing GM’s electrified future, these robust EV sales reflect a growing consumer interest in sustainable and environmentally friendly driving options.
Additionally, GM is currently working towards enabling a seamless transition to an all-electric future, focusing significantly on two pivotal aspects: affordability and range. Their comprehensive EV strategy is backed by the company’s Ultium platform, designed to power an array of GM’s future electric cars, trucks, and SUVs. Ultium is poised to redefine the perception and reality of electric vehicles as it has the potential to deliver electric vehicles that are fast, sleek, and have a range approaching 450 miles on a full charge.
In terms of dealership, GM revealed its intentions of maintaining lean inventory, even when the industry returns to normal post the chip-crunch, as this model has translated into profitability for dealers and GM alike.
Moving forward, GM’s commitment to innovation, user satisfaction, and sustainability offers a promising outlook. The record-setting sales numbers are not just a sign of recovery from a global pandemic but represent a pivotal moment of transformation within the auto industry and GM itself. They aim to continue embracing challenges and opportunities, pushing the boundaries of what an auto manufacturer can achieve. Undoubtedly, this powerful Detroit mainstay is leading the way into a new era of mobility and environmental sustainability.