General Motors' U.S. sales jump 18% in the first quarter

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General Motors said on Monday that its first-quarter U.S. sales rose 18% from a year ago, to just over 600,000 vehicles delivered.

A GMC pickup truck is displayed for sale on a lot at a General Motors dealership on January 05, 2023 in Austin, Texas.said on Monday that its first-quarter U.S. sales rose 18% from a year ago, to just over 600,000 vehicles delivered, as it continued its rebound from the supply chain problems that limited global auto production in 2021 and early 2022.

"We gained significant market share in the first quarter, pricing was strong, inventories are in very good shape, and we sold more than 20,000 EVs in a quarter for the first time," GM North America chief Steve Carlisle said in a statement. Most of those electric vehicles were Chevrolet Bolts, but GM did sell 968 examples of its brand-new Cadillac Lyriq EVs, built on the company's next-generation Ultium EV architecture. GM has been working to ramp up its production of its Ultium-based electric vehicles, with new high-volume Ultium-based including anMeanwhile, the internal-combustion products that are paying the bills – GM's pickups and SUVs – continue to sell well.

 

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