General Motors once again led US vehicle sales in 2024, ahead of Toyota, particularly thanks to electric cars, which accelerated further in the fourth quarter.
Last year, GM sold 2.7 million vehicles, up 4% from 2023, according to a press release issued Friday.
The Detroit (Michigan) group has a market share of 16.5%, which represents a slight decrease compared to last year (16.6%).
General Motors saw sales of several of its SUVs and pickups grow, highlighting the Trax (compact SUV) and the Colorado (pickup) from the Chevrolet brand and the Sierra (pickup) from GMC.
But it showed the greatest growth in electric vehicles, with a 50% increase in the number of vehicles sold in this segment.
Toyota, 2nd
The trend was confirmed even in the last three months of the year (+125%), a possible sign of a recovery in the market, which according to many had lost strength in recent months.
Electricity, however, still represents just over 4% of GM’s sales in the United States, while it represents 43% of the total announced by its competitor Toyota, a figure that includes hybrid engines.
The Japanese company ranks second in the American market for all vehicles, with 2.3 million cars sold last year (+3.7%).
Like GM, Toyota could count on the good momentum of its “EVs” (electric vehicles), of which more than a million found buyers in 2024, a first for the Japanese manufacturer (+53%).
If it climbs back to the third step of the podium, Ford registered a growth rate of 6%, higher than that of its two rivals, with 2.08 million cars sold in the American market.
The Dearborn (Michigan) company, on the other hand, performed worse than GM and Toyota in electric vehicles (+38% in one year).
Source: BFM TV
