General Motors Reports Steady Sales in Q2; Stellantis Down 21%

General Motors Co. in Detroit and Stellantis in Auburn Hills reported their second-quarter sales results Tuesday. GM touted its improvement in electric vehicle, truck, and SUV sales, while Stellantis posted 4 percent quarter-over-quarter growth with U.S. sales.
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GM and its dealers delivered 696,086 vehicles in the U.S. in Q2, many of them full-size pickups. // Photo courtesy of Chevrolet

General Motors Co. in Detroit and Stellantis in Auburn Hills reported their second-quarter sales results Tuesday. GM touted its improvement in electric vehicle, truck, and SUV sales, while Stellantis posted 4 percent quarter-over-quarter growth with U.S. sales.

GM and its dealers delivered 696,086 vehicles in the U.S. in Q2, up 0.6 percent year-over-year, and 1,290,319 vehicles in the first half, down 0.4 percent year-over-year.

“We have an incredible portfolio of diverse vehicles and we’re flexible, so we can win as more customers embrace EVs and we can keep winning if they want to stay with the engine technologies they know,” says Marissa West, senior vice president and president of North America at GM.

GM’s EV sales reached 21,930 in Q2, up 34 percent over Q1, and up 40 percent year over year. Total first half EV sales hit the 38,355 mark.

According to the automaker, Chevrolet, GMC, Buick, and Cadillac all posted retail sales gains in the quarter. Its full-sized pickup trucks had their best quarterly sales since 2021.

GM’s overall 1,290,319 first-half sales were down 0.4 percent from 2023 but total retail sales were up 5 percent. GM’s full-size pickup sales had their best six-month period since 2007, up 5 percent year to date, midsize pickups had their best half since 2019 jumping 31 percent,

Stellantis reports total sales of 344,993 vehicles in the second quarter for 2024. Overall, second-quarter 2024 total U.S. sales declined 21 percent year over year while demonstrating quarter-over-quarter improvement.

“With the moves we made the first half of the year, including working toward a multi-energy strategy consisting of BEV, PHEV, and ICE vehicles that meets the demand of our customers, and pricing adjustments across our U.S. brands, including Jeep, Dodge, Chrysler, and Ram, we’re seeing significant momentum this quarter over the previous quarter of 2024, both in total U.S. sales, which saw an increase of 4 percent during the period, and in market share,” says Matt Thompson, head of U.S. retail sales at Stellantis.

“Additionally, beginning today, we are launching a national Summer Select Inventory Bonus Cash incentive campaign, which will provide up to $2,000 cash back across many of our nameplates.”

Jeep Wrangler 4xe, Jeep Grand Cherokee 4xe, Dodge Hornet R/T, and Chrysler Pacifica Hybrid held their ranking as four of the top-five best-selling plug-in hybrids in the U.S., according to the automaker.

Sales of the Jeep Wrangler 4xe accounted for 39 percent (15,124 units) of total Wrangler sales in the second quarter; sales of the Jeep Grand Cherokee 4xe accounted for 12 percent (6,460 units) of total Grand Cherokee sales in the second quarter.

The Dodge brand’s first muscle-inspired electrified crossover, the Hornet R/T, accounted for 46 percent (1,983 units) of total Hornet sales. Dodge will deliver the world’s first and only electric muscle car, 2024 Dodge Charger Daytona, this year.

Pacifica Hybrid sales accounted for 21 percent (7,858 units) of total Pacifica sales in the second quarter.

The Alfa Romeo Tonale, the brand’s first electrified offering introduced to the market in the second half of 2023, sold 887 units.

“From the commercial fleet side, the Ram ProMaster demonstrated unprecedented growth of 373 percent this past quarter over the first quarter of 2024,” says Jeff Kommor, head of U.S. commercial sales at Stellantis. “Our customers are also excited and are embracing the launch of Ram Professional Pro One, providing commercial service support, connected services, commercial financing and upfit friendliness, among the host of services the program offers.”

The Ram ProMaster also saw total U.S. sales increase 163 percent during the second quarter over Q1 2024. The Ram brand’s heavy-duty pick-up line saw total U.S. sales increase 28 percent for its Ram 2500 and 33 percent for its Ram 3500 during the same period.

The Ram Pro One program, servicing and providing support for commercial fleet customers, launched in late 2023. Most recently, Ram was ranked the No. 1 industry brand in J.D. Power Initial Quality Study, the only truck-exclusive brand ever to top prestigious benchmarking study.