agent Entrepreneur logo
MenuMENU
SearchSEARCH

US Auto Sales Accelerate in First Half of Year

Supply has picked up, as have sales in nearly every vehicle segment.

July 10, 2023
US Auto Sales Accelerate in First Half of Year

The Ford F-Series saw a 28% increase in sales in the first half of 2023.

Credit:

Matt Weissinger, Pexels 

2 min to read


 

The first half of 2023 tells a very different story than the first half of 2022. Supply is picking up, as has sales volume has in nearly every vehicle segment.

Top sales trends for the first half of the year include:

Ad Loading...
  • General Motors outselling Toyota for a second consecutive year

  • Ford on pace to be the top brand for the first time in three years

  • Hyundai-Kia leapfrogging Stellantis to become the No. 4 automaker

  • Tesla (based on estimates, since the company doesn’t report U.S. results) climbing to the No. 8 spot

Truck Sales

Ford and GM continued their tight race for No. 1 in pickup sales. Ford was No. 1 in the second quarter, while GM maintains a slight lead year to date. The top three models by sales volume were as follows:

  • The Ford F-Series bested the competition with a 28% increase in sales, to hit 382,893 vehicles.

  • Chevrolet Silverado sales totaled 264,070, up 1.8% to capture the second spot.

  • Ram pickups came in third with 223,049 vehicles sold, a 9% decrease.

SUV Sales

In the SUV space, GM’s highly profitable large SUVs outsold the competition by Stellantis and Ford combined. Here, GM, Stellantis and Ford were in the top three.

  • GM sold 149,883 large SUVs, up 20%.

  • Stellantis sold 56,012 large SUVs, up 25%.

  • Ford sold 48,224 large SUVs, up 67%.

Ad Loading...

EV Sales

Tesla again dominated EV sales, capturing three of the top four spots:

  • Tesla Model Y, up 76%, with 190,500 vehicles sold

  • Tesla Model 3 came in second with 121,500 vehicles sold, an increase of 35%.

  • Chevrolet Bolt took the third spot, selling 33,659 vehicles, a 361% increase over the previous year.

  • Tesla Model S took fourth with 19,100 vehicles sold, a decline of 5.9%.

Where U.S. auto sales shake out by year's end remains anyone's guess. An uncertain sales environment rife with high prices, high interest rates, and a chaotic economy could lead to unexpected sales shifts. 

Originally posted on Auto Dealer Today

More Industry

Two white men's shaking hands
Industry•October 15, 2026

Penske Auto Group Deal a Record

The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.

Read More →
Rows of cars parked in exterior lot
Industry•by Hannah Mitchell•October 8, 2026

War Toll a Damper on Used Auto Prices

Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.

Read More →
Mechanic cleaning interior of engine
Industry•by Lauren Lawrence•October 8, 2026

Bridge the Maintenance Gap

With many drivers missing recommended maintenance, service departments offering transparency and efficiency have a better chance of reaching financially strained consumers.

Read More →
Ad Loading...
Ford F-150 truck rounding a curve
Industry•by Hannah Mitchell•October 1, 2026

California Store Has New Owner

The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.

Read More →
crane lowering a pipeline into the ground
Industry•by Lauren Lawrence•October 1, 2026

BMW Plant Pursues Cleaner Energy

BMW Group Plant Leipzig has utilized hydrogen to help power its production since 2013, but a new pipeline is planned to take it to another level.

Read More →
Two dodge cars outside of dealership.
Industry•by Lauren Lawrence•September 17, 2026

Auto Affordability Inches Up

The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.

Read More →
Ad Loading...
Five men smiling for photo in front of Honda car dealership.
Industry•by Lauren Lawrence•September 10, 2026

Ohio Auto Group Under New Ownership

After 79 years with the Schluter family, Mansfield Auto Group has been acquired by Missouri-based Clement Auto Group.

Read More →
Blue and white RV parked on beach facing the ocean.
Industry•by Lauren Lawrence•September 3, 2026

RV Group Expands Carolina Footprint

Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.

Read More →
Photo of two men and one woman on a discussion panel
Industry•by Hannah Mitchell•September 1, 2026

Agent Acumen

An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.

Read More →
Ad Loading...
Gloved hand holding two wrenches next to “Turn Overdue into Opportunity” Graphic
Industry•by Lauren Lawrence•August 27, 2026

Missed Maintenance Creates Opportunity

As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.

Read More →
Ad Loading...