GMC Set to Develop International Footprint Following a Report-Setting 2023

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By Car Brand Experts


GMC Set to Develop International Footprint Following a Report-Setting 2023

2024-01-19


  • GMC closed 2023 with the very best retail gross sales 12 months since 2017 within the U.S. and the very best gross sales 12 months ever within the U.S. for Sierra LD and HD pickups, marking six straight years of gross sales and share development
  • Model’s world momentum continues with an upcoming growth deliberate for 3 new markets: China, Australia and New Zealand
  • In 2024, GMC celebrates the 25th anniversary of the Denali model and the continued evolution of its SUV lineup, spearheaded by the all-new 2024 GMC Acadia

DETROIT – Following stellar leads to North America and past in 2023, GMC right this moment confirmed the model’s world growth into three new worldwide markets.

Clients in Australia, New Zealand and China will quickly be part of the GMC household with the model set to launch the Yukon full-size SUV in these high-growth markets. China gross sales are anticipated to start in 2024, with Australia and New Zealand following in 2025. This announcement follows the launch of GMC in South Korea in 2023 with the GMC Sierra LD pickup truck, pioneering the premium pickup market within the nation.

These new markets will bolster the model’s established operations within the U.S., Mexico, Canada and Center East, and displays GMC’s unbelievable momentum and enchantment on a worldwide scale.

“GMC is in probably the most thrilling period in its historical past as we count on to develop competitively in our dwelling market whereas venturing into new ones,” mentioned Duncan Aldred, world vp, Buick and GMC. “We’re forging our future as a premium truck and SUV model and our success reveals our clients world wide are simply as excited as we’re for the street forward.”

GMC completed 2023 within the U.S. with a rise in retail gross sales calendar-year-to-date (6.5%), leading to the very best total gross sales efficiency since 2017. A key enabler to this success was the Sierra LD and HD nameplates, attaining their greatest mixed 12 months of gross sales on file and sixth consecutive 12 months of section share development. Moreover, manufacturing of the HUMMER EV Pickup and SUV continues to ramp up as pleasure and enthusiasm stay excessive for the all-electric supertruck, which noticed retail gross sales double from 2022 to 2023.

The model additionally offered the best annual quantity of each Denali (34%) and AT4 (19%) trims ever, driving file common transaction costs for GMC. In 2024, each trims have fun milestone anniversaries with the 25th 12 months of Denali, and AT4 marking its fifth 12 months within the GMC lineup.

GMC additionally racked up excellent leads to present worldwide markets, together with:

Canada:

  • Retail gross sales up 10% in 2023
  • Report complete market share of 5.5%
  • Report Sierra HD retail market share of 29.6%
  • Denali and AT4 retail mixture of 53%
  • Yukon and Yukon XL best-selling full-size SUV in Canada

Center East:

  • Whole gross sales elevated 15% year-over-year
  • Yukon/Yukon XL gross sales elevated 12% year-over-year

Mexico:

  • Gross sales elevated 14.4% year-over-year
  • Sierra gross sales elevated 50.4% year-over-year

About GMC
GMC presents a variety of premium vans and SUVs designed and engineered to the best normal. With autos just like the compact Terrain and full-size Yukon, all-new Canyon and Sierra light-duty, in addition to the world’s first all-electric supertruck the GMC HUMMER EV, our vans and SUVs ship GMC’s signature mixture of intuitive applied sciences, exact engineering and premium execution. Constructed on a powerful basis of producing vans since 1902, GMC now sells in a dozen nations internationally. Particulars on all fashions can be found at www.gmc.com.

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