In the competitive world of compact SUVs, the 2024 GMC Terrain and the 2024 Mitsubishi Eclipse Cross stand out as prominent contenders. However, a closer examination reveals that the Terrain offers some distinct advantages that set it apart. This article delves into the specifics, comparing the two models in terms of engine performance, fuel efficiency, interior and cargo space. A More Powerful...
2023 marked a great year for GMC in Canada, achieving remarkable sales results and market share growth. This period reflected the brand's strong presence in the automotive market, particularly in the segments of heavy-duty trucks and full-size SUVs.
Retail Sales Growth
GMC witnessed a substantial increase in retail sales, growing by 10% in 2023. This growth indicates a robust demand for GMC's vehicles among Canadian consumers, driven by the brand's focus on quality, performance, and innovation. The increase in retail sales is a clear indicator of GMC's strengthened position in the competitive automotive market.
Market Share Achievements
The year 2023 also saw GMC achieving a record total market share of 5.5%. This milestone signifies the brand's increasing popularity and the growing customer base in Canada. Particularly notable was the Sierra Heavy Duty (HD) line, which captured a record retail market share of 29.6%. This impressive figure underscores the Sierra HD's dominance in its category and its appeal to Canadian truck buyers.
Denali and AT4 Retail Mix, and Yukon Success
GMC's success was further highlighted by the Denali and AT4 models, which together accounted for 53% of the brand's retail mix. This high percentage reflects the strong consumer preference for these premium and off-road-oriented trims. Additionally, the Yukon and Yukon XL models emerged as the best-selling full-size SUVs in Canada, cementing GMC's reputation for delivering top-tier SUVs.
In conclusion, 2023 stood as a landmark year for GMC in Canada, characterized by significant sales growth, market share expansion, and the remarkable success of specific models like the Sierra HD, Yukon, and Yukon XL. As GMC moves into 2024, the brand celebrates the 25th anniversary of the Denali line and introduces the all-new 2024 GMC Acadia, continuing the evolution of its SUV lineup.
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