"U.S. Auto Sales Surge in 2023 Despite Predictions of a Challenging 2024"
General Motors (GM) reported a 14.1% increase in U.S. vehicle sales for 2023, totaling approximately 2.6 million vehicles, marking its best performance since 2019. The sales were consistent with industry expectations, with Edmunds projecting industrywide sales of 15.5 million for the year. GM's growth was particularly strong in its Buick brand, which saw a 61% increase, and the company expects U.S. industry sales to reach 16 million in 2024. GM attributes its success to growing market share, strong pricing, and low incentives.