GMC Set to Increase World Footprint Following a File-Setting 2023

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By Car Brand Experts


GMC Set to Increase World Footprint Following a File-Setting 2023

2024-01-19


  • GMC closed 2023 with the very best retail gross sales yr since 2017 within the U.S. and the very best gross sales yr ever within the U.S. for Sierra LD and HD pickups, marking six straight years of gross sales and share progress
  • Model’s world momentum continues with an upcoming enlargement 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 ends in North America and past in 2023, GMC immediately confirmed the model’s world enlargement into three new worldwide markets.

Prospects 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 unimaginable momentum and enchantment on a world 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 vice chairman, Buick and GMC. “We’re forging our future as a premium truck and SUV model and our success exhibits our prospects 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 finest mixed yr of gross sales on report and sixth consecutive yr of phase share progress. 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 bought the very best annual quantity of each Denali (34%) and AT4 (19%) trims ever, driving report common transaction costs for GMC. In 2024, each trims have fun milestone anniversaries with the 25th yr of Denali, and AT4 marking its fifth yr within the GMC lineup.

GMC additionally racked up excellent ends in present worldwide markets, together with:

Canada:

  • Retail gross sales up 10% in 2023
  • File complete market share of 5.5%
  • File 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 provides a spread of premium vans and SUVs designed and engineered to the very best normal. With automobiles 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 international locations internationally. Particulars on all fashions can be found at www.gmc.com.

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