Toyota

General Motors Co. reclaimed its crown as the top-seller in the US, buoyed by steady demand and a rebound in fourth quarter production even as higher ...

[ ](/quote/GM:US) [Toyota Motor Corp.](/quote/7203:JP) both posted double-digit gains in the latest quarter, as many major automakers on Wednesday reported US sales for 2022. [Ford Motor Co.](/quote/F:US) is expected to provide its US sales data Thursday and [Tesla Inc.](/quote/TSLA:US), which provides global numbers, reported its results on Monday. [General Motors Co.](/quote/GM:US) reclaimed its crown as the top-seller in the US, buoyed by steady demand and a rebound in fourth-quarter production even as higher financing costs flash a warning sign for 2023.

After Toyota broke General Motors' 90-year streak in 2021, the Americans took back the top spot this year with 2.2 million units sold to Toyota's 2.1 ...

[Tundra full-size pickup](https://www.caranddriver.com/toyota/tundra), which recorded 104,246 sales, an increase of 27 percent. The Toyota brand was down 9 percent, and the Lexus luxury brand was down 15 percent. GM credited strong demand combined with additional manufacturing capacity for its overall 2.5 percent increase compared with 2021. GM sold 2,274,088 units in 2022, recapturing the number one spot with a winning margin of 165,630 units. Chevrolet sales grew by 6 percent, GMC sales by 7 percent, and Cadillac sales by 13 percent. [Chevy Silverado](https://www.caranddriver.com/chevrolet/silverado-1500) full-size pickup was the top seller, with 513,354 units sold, but other mainstream Chevrolet models including the [Equinox SUV](https://www.caranddriver.com/chevrolet/equinox) (up 28 percent to 212,072 units) and [Malibu sedan](https://www.caranddriver.com/chevrolet/malibu) (up 193 percent to 115,467 units) increased significantly compared with 2021.

It was a race to the end of the year, but strong final month sales weren't enough to push the auto industry into positive numbers for the whole of 2022.

“This was the best Q4 in retail and total sales for the company. Kia America announced best-ever December sales of 60,422 units, an increase of 11.2% over the previous December record set in 2016 and up 25% year-over-year. SUVs were 74% of retail sales with more than 47,800 units sold. However, Toyota reported an increase of 13.1% for the fourth quarter of 2022 compared to the fourth quarter of 2021. “Like the rest of the industry, we aren’t out of the woods yet with supply issues, but we begin 2023 with roughly double the on-hand inventory of 2022 and the expectation that this will mean a healthy sales increase this year.” reported 56,760 vehicle sales for December 2022, an 11% increase compared with December 2021. Genesis Motor America reported 6,172 units sold in December 2022, representing a best-ever monthly U.S. Retail sales were up 27% in December, marking the fifth consecutive month of record-setting retail sales. “Customers are taking notice that when it comes to electrification, Kia is a brand to watch as we launched six electrified vehicles in 2022.” in 2022, leading the industry in total sales, beating out rival Toyota by more than 165,000 units thanks to a strong fourth quarter to re-claim the sales crown. Honda sales fell by 11.3% in December while Acura sales dipped 5.5 percent. reports sales numbers Thursday and is expected to finish in third place.

General Motors reclaimed its U.S. title for 2022 after losing the crown to Toyota in 2021 for the first time since the 1930s.

Yes, but: Toyota gets the last laugh. in 2022, up 2.5% for the year. Driving the news: General Motors has reclaimed its title as the best-selling automaker in the U.S.

Despite seeing vehicles sales decline 9.6% last year, executives at Plano-based Toyota Motor North America expressed "cautious optimism" because they ...

However, he said people will still need to buy new cars because the average age of a vehicle in the U.S. Hollis said affordability will be a question throughout the year. With record-high prices and elevated loan rates, the pool of potential new-vehicle buyers is shrinking." "While we still have many of the 2022 challenges carrying into 2023, we're moving in the right direction," Hollis said. Cox Automotive expects the economy to see weak growth as the Federal Reserve tightens monetary conditions and consumers wrestle with high-interest rates. “Given the large improvement in supply levels, it seems likely that rising interest rates are now constraining demand in the retail auto market. Of those, 14 will be under the Toyota brand, and nine will be under Lexus. This year, the company plans to have 23 new, refreshed or special editions hit showrooms. Cox Automotive projects total vehicle sales in the U.S. "It certainly was never a goal where any of us sat around and were like, 'Gee, let's beat GM.'" Detroit-based GM reported sales increased 2.5% last year to 2,274,088 vehicles. sales decreased 9.6% in 2022 to 2,108,458 vehicles.

General Manager of Canberra Toyota Fyshwick, Don Griffiths has been working for Toyota dealerships since 1982, the past 12 years in Canberra.

It’s managing the customer’s expectations and I think we do that in a very good way. For instance, the computer chips that go into your key to open and close the door, there is very short supply of those. Having only ever worked for Toyota, Don knows he didn’t have to experience any other car brand to see that he struck gold on the first try. For the past 12 years, Don has gone the extra mile, taking on responsibilities and helping those around him. I never had any customer complaints about reliability and people kept coming back buying cars for years and years on end. Curious to see if the salesman’s life was for him, Don soon discovered it was!