GM Sales Up Big 1Q 23

[AXE]

Maybe there won't be as many deals as I thunk! Trucks up huge!

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

GM confirmed Monday that it expects to build 50,000 EVs in the first half of 2023 and "double that" in the second half of the year.

www.cnbc.com

 

[sardarjee]

Interestingly most dealers in my 100 mile search area were selling ZR2 and AT4X at MSRP minus all manufacturer rebate. Only one dealer had markup of 2500 on ZR2 and 5000 on AT4X.

Let's see what comes next.

 

[AXE]

The discounts are probably what's attracting buyers in spite of higher interest rates.

 

[sardarjee]

Yes, 0% APR for 36/48 Months on 2022 Silverado ZR2 is not bad. I beileve it is 0.9% on GMC Sierra.

 

[AXE]

https://gmauthority.com/blog/2023/04/gmc-sierra-discount-reaches-4000-in-april-2023/