GM's Q3 sales jumped 24%. "Pent up consumer demand" is quickly becoming the subtitle of our current season as GM, among other companies, says it explains a healthy boost to sales.
The company has announced plans to increase Bolt production for the rest of 2022 and into 2023.
Tesla delivered 100K more vehicles in Q3 than a year earlier. While the company saw a significant increase, even setting a quarter record, it is still shy of projections by about 20K. Production was up 42% compared to Q2
Currently, 160K customers are testing Tesla's Full Self Driving. Up from 2000 this time last year.
Nissan's sales dropped 23%. It was not all good news for our favorite automakers, as the year is still marred with ongoing production and delivery challenges.
The company announced a leadership change in the North American manufacturing team they say will drive toward the long-term (aka 2030) vision.