U.S. auto sales declined in first quarter as Toyota outsold GM

by SpeedLux
FDR Drive, New York City

U.S. automakers this month reported a decline in first-quarter domestic sales, as the entire industry was affected by chip shortages and supply chains disruptions.

Toyota, which in 2021 surpassed General Motors (GM) as the top-selling automaker in the United States, outsold the automaker in the first quarter on increased demand for its Lexus hybrid and electric automobiles.

Hyundai Motor, Kia Motors, and Mazda Motor have all posted a decline in overall U.S. quarterly auto sales. Hyundai said electrified vehicle retail sales increased 241% in the January-March period from a year ago.

GM said its quarterly sales declined 20.1% to 512,846 vehicles.

The new-vehicle sales in the US during March finished at 1.25 million, with an annual sales rate of 13.33 million.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.


SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.


©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More