Automakers report Q1 U.S. sales

 

Automakers reported their first quarter U.S. sales numbers over the weekend.

 EV maker Tesla released its Q1 2023 production and deliveries on Sunday, reporting 422,875 total deliveries, up 36% YoY and 4% from Q4 2022, and 440,808 in total production. Earlier this year, Tesla cut the prices of its U.S.-listed vehicles by almost 20%.

  • General Motors sold 603,208 vehicles in Q1, up ~18% YoY.
    • The U.S. automaker said it sold more than 20,000 EVs in a quarter for the first time in Q1.
  • Toyota sold 469,558 vehicles in Q1, down ~9% YoY.
    • EVs and hybrids accounted for about 25% of the Japanese automaker’s Q1 sales.
  • Honda sold 284,507 vehicles in Q1, up ~7% YoY.
    • Honda said it sold a record number of its hybrid-electric CR-V and Accord models.
  • Stellantis sold 368,237 vehicles in Q1, down 9% YoY.
  • Ford is expected to release its sales figures on Tuesday.

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