US Vehicles Deliveries: GM Outsells Toyota in Q2; Rivian, Ford Higher Than Last Quarter

General Motors surpassed Toyota Motor in second-quarter U.S. car sales, data on Friday showed, even as persistent chip shortages and supply chain disruptions crimped automakers' ability to meet pent-up demand.

GM, which lost its crown as the U.S. sales leader last year for the first time since 1931 to Toyota, said it sold 582,401 vehicles in the quarter through June, 15% lower than a year earlier.

Let's recap.

$General Motors(GM)$

During the second quarter of this year, General Motors delivered 582,401 vehicles in the US, which is 15.4% less than a year ago. On the positive side, the volume and market share increased sequentially for the third consecutive quarter.

The number includes 387,582 Chevrolet vehicles (down 10.5% year-over-year) and 132,055 GMC (down 13.7%).

The two brands sold in the US a total of 7,217 plug-in electric vehicles (over 7,300 including Bright Drop Zevo 600), which is 36% less than a year ago and represents about 1.2% of the total GM's volume.

While GM's EV sales remain lower than they should be, it's rebounding and ramping up so we expect nothing but better results every quarter.

$Toyota(TM)$

​​

​Toyota Motor North America (Toyota and Lexus brands) reports sales of 531,105 vehicles in the US during the second quarter of 2022, which is 23% less than a year ago. The year-to-date result is almost 20% below H1 2021 at 1,045,697.

The Japanese manufacturer was noticeably affected by the "ongoing inventory challenges" in Q2:

  • Toyota: 464,382 (down 23%)
  • Lexus: 66,723 (down 20%)
  • Total: 531,105 (down 23%)

Plug-in electric vehicle sales decreased more than Toyota's total volume or electrified volume, which is a very unfortunate outcome, especially since there are new models in the lineup.

In addition, Rivian and Ford also report their deliveries in Q2 2022.

$Rivian Automotive, Inc.(RIVN)$

Rivian Automotive Inc delivered 4,467 vehicles in the second quarter, nearly four times more than the preceding quarter, as the electric-vehicle maker benefited from a ramp-up in production and strong demand.

The company also said on Wednesday it was on track to meet its annual production target of 25,000 units after output jumped 72% sequentially to 4,401 vehicles in the quarter.

The upbeat figures sent Rivian's shares nearly 20% higher in the past five days, providing some relief to a stock that has lost almost three-fourths of its value in this year's equities selloff.

$Ford(F)$

Ford Motor said Tuesday that it sold 483,688 cars and light trucks in the United States in the second quarter, slightly more than it sold a year earlier, when it was hit particularly hard by the global shortage of computer chips.

Almost all automakers reported decreases in sales in the April-to-June period because the chip shortage has prevented them from keeping up with demand.

The chip shortage forced Ford to close many plants for long stretches in the second quarter last year, and its sales slumped. Its chip supply remains tight.

Even with its slight increase, Ford trailed both General Motors and Toyota in the second quarter. G.M. sold 582,401 vehicles in the quarter, a decline of 15 percent. Toyota sold 531,105 vehicles, a decrease of 23 percent.

Ford sold nearly 300,000 F-Series pickup trucks in the quarter, more than double its total from a year earlier.

Another bright spot was its sales of electric vehicles. Ford has sold 2,296 F-150 Lightnings, the electric pickup, since starting production in April. Sales of the Mustang Mach-E, an electric sport utility vehicle, totaled 10,941 in the quarter, up 72 percent from a year earlier.

Source: insideevs

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  • HNT
    ·2022-07-09
    Sooner or later, auto market wipl be affected by the high prices n recession worries
    Reply
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  • 金錢弟
    ·2022-07-09
    BYD in China can produce almost all components including the chips. Most auto manufacturers need to buy parts from components supplier and most of them are Chinese companies.
    Reply
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  • Andie8392
    ·2022-07-09
    thanks for sharing.. good post
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    • gstrader
      nice
      2022-07-09
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  • XiDon
    ·2022-07-09
    Thanks for sharing
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  • snoopy123
    ·2022-07-09
    the EV trend is inevitable and unstoppable so the car sales volume will give an up trend for EVs and down trend for petrol vehicles..
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  • rhktrade
    ·2022-07-12

    Ev is the way to go

    //@koolgal: There is intense competition among all the car manufacturers especially in the EV sector.  Given the shortage of semiconductors and even batteries due to the supply disruption, the Ukrainian war and slowing global economy, Q2 deliveries will almost certainly be affected.  Still the EV market is a growth market as the transition to clean energy is a global focus, things should be better in the long term.  Ultimately the most important thing to remember is demand is a factor of the economy.  Given that there are recessionary fears, demand of EVs may slow down in the immediate future.@MillionaireTiger  @TigerStars  @CaptainTiger  
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  • koolgal
    ·2022-07-18
    Thanks for liking my post.  You are the 2nd person to do so. 😍😍😍


    //@JLSE: 👍👍👍// @koolgal: Thanks for your liking my post & lovely comments. 😍😍😍// @rhktrade: Ev is the way to go// @koolgal: There is intense competition among all the car manufacturers especially in the EV sector.  Given the shortage of semiconductors and even batteries due to the supply disruption, the Ukrainian war and slowing global economy, Q2 deliveries will almost certainly be affected.  Still the EV market is a growth market as the transition to clean energy is a global focus, things should be better in the long term.  Ultimately the most important thing to remember is demand is a factor of the economy.  Given that there are recessionary fears, demand of EVs may slow down in the immediate future. @MillionaireTiger   @TigerStars   @CaptainTiger  

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  • koolgal
    ·2022-07-12
    Thanks for liking my post @JLSE  😍😍😍


    //@JLSE: 👍👍👍// @koolgal: There is intense competition among all the car manufacturers especially in the EV sector.  Given the shortage of semiconductors and even batteries due to the supply disruption, the Ukrainian war and slowing global economy, Q2 deliveries will almost certainly be affected.  Still the EV market is a growth market as the transition to clean energy is a global focus, things should be better in the long term.  Ultimately the most important thing to remember is demand is a factor of the economy.  Given that there are recessionary fears, demand of EVs may slow down in the immediate future. @MillionaireTiger   @TigerStars   @CaptainTiger  

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  • JLSE
    ·2022-07-12
    👍👍👍//@koolgal: There is intense competition among all the car manufacturers especially in the EV sector.  Given the shortage of semiconductors and even batteries due to the supply disruption, the Ukrainian war and slowing global economy, Q2 deliveries will almost certainly be affected.  Still the EV market is a growth market as the transition to clean energy is a global focus, things should be better in the long term.  Ultimately the most important thing to remember is demand is a factor of the economy.  Given that there are recessionary fears, demand of EVs may slow down in the immediate future.@MillionaireTiger  @TigerStars  @CaptainTiger  
    Reply
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    • SGboy
      Thanks
      2022-07-12
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    • Doge2theMoon
      Plus china shutdown
      2022-07-12
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    • Alexsj2021
      Agree
      2022-07-12
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    View more 10 comments
  • BeBob
    ·2022-07-18
    //@koolgal:Thanks for liking my post.  You are the 2nd person to do so. 😍😍😍 //@JLSE: 👍👍👍// @koolgal: Thanks for your liking my post & lovely comments. 😍😍😍// @rhktrade: Ev is the way to go// @koolgal: There is intense competition among all the car manufacturers especially in the EV sector.  Given the shortage of semiconductors and even batteries due to the supply disruption, the Ukrainian war and slowing global economy, Q2 deliveries will almost certainly be affected.  Still the EV market is a growth market as the transition to clean energy is a global focus, things should be better in the long term.  Ultimately the most important thing to remember is demand is a factor of the economy.  Given that there are recessionary fears, demand of EVs may slow down in the immediate future. @MillionaireTiger   @TigerStars   @CaptainTiger  
    Reply
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    • Zacyai
      Ok
      2022-07-18
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    • Bel8680
      ok
      2022-07-18
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    • Yogini
      hmm
      2022-07-18
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  • koolgal
    ·2022-07-17
    Thanks for your liking my post & lovely comments. 😍😍😍


    //@rhktrade:

    Ev is the way to go

    // @koolgal: There is intense competition among all the car manufacturers especially in the EV sector.  Given the shortage of semiconductors and even batteries due to the supply disruption, the Ukrainian war and slowing global economy, Q2 deliveries will almost certainly be affected.  Still the EV market is a growth market as the transition to clean energy is a global focus, things should be better in the long term.  Ultimately the most important thing to remember is demand is a factor of the economy.  Given that there are recessionary fears, demand of EVs may slow down in the immediate future. @MillionaireTiger   @TigerStars   @CaptainTiger  
    Reply
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    • koolgalReplying toJLSE
      Thanks
      2022-07-18
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    • JLSE
      👍👍👍
      2022-07-18
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    • koolgalReplying toCMLeong
      Thanks
      2022-07-18
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  • koolgal
    ·2022-07-12

    There is intense competition among all the car manufacturers especially in the EV sector.  Given the shortage of semiconductors and even batteries due to the supply disruption, the Ukrainian war and slowing global economy, Q2 deliveries will almost certainly be affected.  Still the EV market is a growth market as the transition to clean energy is a global focus, things should be better in the long term.  

    Ultimately the most important thing to remember is demand is a factor of the economy.  Given that there are recessionary fears, demand of EVs may slow down in the immediate future.

    @MillionaireTiger  @TigerStars  @CaptainTiger  

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    • koolgalReplying toBenly8
      Yes you are absolutely right
      2022-07-12
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    • koolgalReplying toBenly8
      Thanks for sharing your insights and knowledge
      2022-07-12
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    • Benly8
      More and more EV companies coming out. Striking the iron while its hot .. the whole world is switching to EVs
      2022-07-12
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    View more 19 comments
  • JLSE
    ·2022-07-18
    👍👍👍//@koolgal: Thanks for your liking my post & lovely comments. 😍😍😍//@rhktrade: Ev is the way to go// @koolgal: There is intense competition among all the car manufacturers especially in the EV sector.  Given the shortage of semiconductors and even batteries due to the supply disruption, the Ukrainian war and slowing global economy, Q2 deliveries will almost certainly be affected.  Still the EV market is a growth market as the transition to clean energy is a global focus, things should be better in the long term.  Ultimately the most important thing to remember is demand is a factor of the economy.  Given that there are recessionary fears, demand of EVs may slow down in the immediate future. @MillionaireTiger   @TigerStars   @CaptainTiger  
    Reply
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    • VLYC525
      ok
      2022-07-18
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    • AFR
      ok
      2022-07-18
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    • liverpool777
      good sharing
      2022-07-18
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  • Soyabean89
    ·2022-07-08
    Chip shortage still plauge automobile production?! Then why $GLOBALFOUNDRIES Inc.(GFS)$ are the semi con got short until midget foundries?! [Anger] [Spurting]
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    • Soyabean89Replying to___ _
      Its a right.. Just like shareholder right to vote [Cry]
      2022-07-08
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    • ___ _Replying toSoyabean89
      ya after u DH u will kpkb [LOL] [LOL] [LOL]
      2022-07-08
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    • ___ _Replying toSoyabean89
      u big boy u ownself decide
      scarlee u cut liao it 🚀 I chum
      2022-07-08
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  • Fenger1188
    ·2022-07-10
    2022年,芯片短缺继续困扰着汽车行业。在汽车厂商忧虑芯片供应之时,氖、氙、钯等半导体原材料的重要出口国乌克兰、俄乌冲突严重影响芯片原材料供应,汽车行业再迎挑战,芯片短缺致多家车企减产。在缺货的同时,价格波动也随之而来,更令人头疼的其实是芯片一天一个价。特斯拉方面则声称,“2022年,芯片短缺问题将持续存在,公司未来能否保持高速增长取决于是否能够得到充足的芯片供应。”我认为Q2送货数量应该会下降。
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  • ___ _
    ·2022-07-09
    Since chip shortage forced Ford to close many plants for long stretches in the 2nd Q last year, and chip supply remains tight, don't think Q2 delivery will have any upside [Pitiful]
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    • Fenger1188
      👍🏻👍🏻
      2022-07-10
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  • RDPD富爸穷爸
    ·2022-07-08
    It still boils down to oil prices and inflation but personally I would avoid investment into this industry.
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  • SR050321
    ·2022-07-08
    Not shocking, the delivery down due to global component shortage, while FORD increased delivery i guess due to FORD have been ramping up the production.
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  • Boo2020
    ·2022-07-08
    I don't think it will turn better, I think supply constraints continue the be an issue in Q2
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  • SG 88
    ·2022-07-09
    long term commitment is required when investing in automotive industry. Chances of further decline might be happening given that recession will further damper car industry. DCA is better option [Cool]
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