GM Continued to Gain U.S. Market Share and Extended its Truck Leadership in the Second Quarter

September 07, 2022

GM’s second quarter sales were down 15% year over year, but market share was up 1 point to an estimated 16.3% (J.D. Their estimated retail market share was 44%. The GMC Sierra HD, which was up 31% in the quarter, delivered its best second quarter and first half on record. The second quarter SAAR was an estimated 13.4 million light vehicles compared to 17 million a year ago. However, GM’s second quarter vehicle wholesale volumes were impacted by the ongoing semiconductor supply shortage and other supply chain disruptions mostly in June.

The source of this news is from General Motor

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