Toyota beats GM once more in first quarter gross sales

Common Motors reported a first-quarter U.S. gross sales decline Friday because it, and the remainder of the auto {industry}, continues to battle with a worldwide scarcity of semiconductor chips and different manufacturing disruptions. 

For the quarter, GM mentioned it bought 512,846 autos, a 20.1% decline from the 642,250 new autos it bought within the year-ago interval. However its heavy-duty pickups made in Michigan noticed a gross sales surge as GM managed to direct chip components to Flint Meeting to maintain manufacturing operating.

The chips are utilized in a wide range of automotive components and the scarcity has been crippling new automotive manufacturing since this time final yr.

Toyota beats GM once more in first quarter gross sales

The chips scarcity harm GM final yr to the purpose that, in a historic flip, Toyota Motor North America captured the U.S. gross sales crown from GM for 2021. GM had been the nation’s auto gross sales chief for many years.

On Friday, Toyota reported its first-quarter gross sales beat GM once more with 514,592 gross sales, a 15.8% decline from the year-ago quarter when Toyota bought 603,066 new autos.