General Motors on Wednesday announced that in 2022 it delivered 2.2 million vehicles in the United States, making it the biggest automaker in the country.
Toyota took the crown from GM back in 2021, but held onto it for less than two years. The Japanese automaker sold 2.1 million vehicles in 2022, which is down 9.6 percent from 2021.
Shares of Toyota were down more than 1 percent following the release on Wednesday.
GM, by comparison, saw its sales increase 2.5 percent from 2021. A big chunk of those gains came in the fourth quarter, as supply chain issues eased and sales shot up 40 percent year-over-year. Cadillac sales were up 75 percent, and GM Fleet sales jumped 101 percent.
The legacy automaker isn't resting on its laurels in 2023. GM said it plans to grow its share of the electric vehicle market with a number of battery-powered models.
"GM plans to build on this momentum in North America in 2023, growing EV market share with nine EV models on sale, including the Chevrolet Bolt EV and Bolt EUV, which was the bestselling mainstream EV series in the third and fourth quarter," the company said in a statement.
The company said it expects production of the Bolt EV and Bolt EUC to increase to more than 70,000 units this year. Sales of those models were up 64,332 percent in 2022, as GM ramped up production of its electric line.
New regulations from the U.S. government may cause the price of electric vehicles to go up.
New data shows job openings fell in October even though hiring remains healthy.
The holiday season is here and it could be a stressful time as people plan shopping, cooking and traveling. Sally Holmes, editor-in-chief of InStyle Magazine, joined Cheddar News to discuss a new social media trend #Treatculture that helps people take a moment to treat themselves and how that is a psychological benefit to relieve stress.
English Wikipedia raked in more than 84 billion views this year, according to numbers released Tuesday by the Wikimedia Foundation, the non-profit behind the free, publicly edited online encyclopedia. And the most popular article was about ChatGPT (yes, the AI chatbot that’s seemingly everywhere today).
Wikipedia has released its list of most viewed articles for 2023 with the site seeing over 84 billion visits. The most searched topic was ChatGPT with nearly 50 billion page views
Closing arguments are happening in a federal trial over whether Jetblue Airways will be allowed to buy Spirit Airlines for $3.8 billion.
Johnson and Johnson is reportedly looking to settle multiple lawsuits claiming that its baby powder causes cancer, according to Bloomberg.
Wells Fargo said it could face nearly $1 billion in severance costs in the fourth quarter.
The Supreme Court on Tuesday dismissed a case surrounding a Maine hotel that could have made it harder for people with disabilities to learn in advance whether a hotel's accommodations meet their needs.
The highly-anticipated trailer for Grand Theft Auto VI is out earlier than expected.
