The automaker forecasts 1.66 million U.S. sales in 2022, down from 1.9 million last year, although it expects its market share to rise to 13.3%. The company says 37 suppliers failed to provide parts as scheduled.
GMC is relying on the power of its pickups to reach record-high dealer profits. Buick is focused on keeping transaction prices high and launching freshened versions its vehicles.
Executives on Saturday told dealers Ford would provide the missing parts for dealers to install within one year.
The nation’s 16,600 franchised dealerships reached a record $1.18 trillion in sales in 2021, besting its previous recordset in 2019 by $153 billion.
Cadillac plans to go all-electric by 2030 but will ensure that GM and its dealers are profitable along the way.