GMC Expands Globally, Bringing Yukon SUV to New Markets by 2025
GMC is expanding its global footprint, with plans to introduce the popular Yukon SUV to new markets. The American automaker aims to maintain its strong sales momentum while transitioning towards electric vehicles.
GMC's global expansion is set to begin in China in 2024, followed by Australia and New Zealand in 2025. The brand is expected to market the Yukon SUV in China starting in 2025.
GMC's decision to expand comes on the heels of increased sales in Canada. In 2023, retail sales jumped by 10%, with the Yukon and Yukon XL being the best-selling full-size SUVs in the country. Overall, sales of GMC vehicles increased by 6.5% in 2023, marking the brand's best overall sales performance since 2017.
To maintain these profits, GMC plans to keep its full-size truck and SUV lineup in production through 2035. This includes the popular Yukon, which will continue to be a key player in GMC's global expansion strategy.
GMC's expansion into China, Australia, and New Zealand is set to begin in the coming years. The brand's strong sales performance in Canada and the popularity of the Yukon SUV indicate a promising future for GMC's global operations.