General Motors' U.S. light-vehicle sales rose 41 percent in the fourth quarter to finish 2022 slightly higher than 2021. This marks the second straight year GM is the top-selling automaker in the U.S. after falling behind Toyota Motor North America in 2020.
GM's fourth-quarter gains followed a 43 percent drop for the same period a year earlier related to the ongoing semiconductor shortage that has curtailed vehicle production. GM delivered 623,261 vehicles from October through December, up from 440,745 vehicles in the fourth quarter of 2021.
GM said customer demand and supply improvements contributed to the gains in the fourth quarter.
For the full year, GM sold 2.27 million vehicles in the U.S., up 2.5 percent from 2021.
All GM brands except Buick posted increases for the fourth quarter, led by Cadillac. The Encore was Buick's only model to post a sales gain. Among other GM brands, only the Chevrolet Blazer, Camaro and Colorado and the GMC Yukon …