agent Entrepreneur logo
MenuMENU
SearchSEARCH

GM, Toyota Big Winners in Q2 Sales Race

Both automakers posted consecutive monthly gains in June.

July 5, 2023
GM, Toyota Big Winners in Q2 Sales Race

Volkswagen second-quarter sales slipped 1.7%.

IMAGE: Pexels/Erik McIean

2 min to read


General Motors' U.S. sales increased for a fourth consecutive quarter, and Toyota's sales increased for a third consecutive month in June, a feat attributed to recovering auto inventories, reported Automotive News Research & Data Center.

GM

For the second quarter, the Detroit-based brand reported:

Ad Loading...
  • A 17% rise in Chevrolet sales

  • An 18% increase in sales at GMC

  • A 48% spike in sales for Buick

  • A 15% rise in Cadillac sales

Overall, GM reported retail sales advanced 15% and fleet shipments rose 34% during the second quarter.

It ended June with 427,000 vehicles in U.S. dealer stock or in transit, up slightly from 412,000 at the end of the first quarter.

Toyota

Toyota volume rose 15% to 195,448 last month, the Toyota division up 14% and Lexus advancing 18%. All but one of the Toyota brand's top sellers posted solid gains:

  • Camry, up 24%

  • Corolla sales up 4%

  • RAV4 sales rising 14%

  • Highlander sales growing 17%

  • Tundra spiking 38%

  • Tacoma sales flat.

Ad Loading...

The Japanese automaker ended June with 167,666 cars and light trucks in stock — 39,901 at dealers and 127,765 at ports or in transit, enough for a 22-day supply. Toyota had a 21-day supply of vehicles on July 1, while Lexus had a 30-day supply.

Stellantis

Stellantis sales rose 3% overall, aided by the Ram, Dodge and Chrysler brands, despite flat Ram pickup sales. The automaker’s biggest brand, Jeep, continued to struggle, slipping another 3%, while Wrangler, the brand’s second-biggest seller, fell 13%.

Second-quarter volume rose 33% at Chrysler and 37% at Dodge and dropped 42% at Fiat and 25% at Alfa Romeo.

Honda

Honda reported June deliveries rose 57% to 111,498, the Honda brand up 54% and Acura up 83%. Helped by inventory turn rates of over 70%, Honda's five core models posted double-digit gains in June:

  • Accord, up 68%

  • CR-V, up 38%

  • Civic, up 66%

  • Pilot, up 86%

  • HR-V, up 57%

Ad Loading...

Volkswagen said second-quarter sales slipped 1.7% to 76,934. Ford will post its second-quarter results later this week.

 

Originally posted on Auto Dealer Today

More Industry

red car parked in front of a sunset, The Used Market Divide, Agent Entrepreneur
Industryby Lauren LawrenceJuly 23, 2026

Used EVs Defy Overall Market

While the used-car market saw three months of price declines or stagnation, the used EV segment did the opposite – rising for three straight months.

Read More →
Photo of a retriever dog looking out of an open SUV window with a yellow Peugeot headrest on the top of the window below it
Industryby Hannah MitchellJuly 16, 2026

Gone to the Dogs

A Stellantis brand decided to have some fun with one of its SUVs’ design to address growing emphasis on family pets.

Read More →
Aerial shot of a car dealership
Industryby Hannah MitchellJuly 13, 2026

OEM Poll Sees Industry Evolution

Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.

Read More →
Ad Loading...
Foreign Cars Italia dealership store in front of sunset
Industryby Hannah MitchellJuly 2, 2026

Luxe N.C. Dealerships Change Hands

A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.

Read More →
inside of car, person with hands on black steering wheel
Industryby Lauren LawrenceJuly 2, 2026

Exposure Drives Interest in Chinese Cars

At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.

Read More →
Woman's hands holding an wallet empty of cash
Industryby Hannah MitchellJuly 1, 2026

Automotive Consumers Sink Further in Debt

Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.

Read More →
Ad Loading...
Rob Mancuso sitting in a chair on stage
Industryby Hannah MitchellJuly 1, 2026

Agent Advocate

Rob Mancuso, who comes from a long line of auto dealers, values general agents’ place in the industry and makes a case for them taking an even bigger seat at the table.

Read More →
Photo of a touchscreen on a car's dashboard
Industryby Hannah MitchellJune 25, 2026

Driving Under Distraction

Though consumers gave higher marks to new vehicles in JD Power’s most recent initial-quality poll, high-tech interference worsened, pointing to craving for simplicity.

Read More →
split background green and blue. 2019 to 2025 with car going from starting location to end point. $37,310 and $48,402. Agent Entrepreneur logo
Industryby Lauren LawrenceJune 25, 2026

Affordable New Cars a Thing of the Past

More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.

Read More →
Ad Loading...
Photo of multiple new SUVs on a car dealership lot
Industryby Hannah MitchellJune 22, 2026

State Follows Federal Warning on Auto Ads

The Massachusetts attorney general cautioned the state’s automotive dealers to be upfront with the consuming public about their vehicle prices or risk punishment.

Read More →
Ad Loading...