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General Motors CEO Mary Barra is one of the relatively few female attendees at the World Economic Forum in Davos, Switzerland, this week. DANIEL ROLAND/AFP/Getty Images

General Motors CEO Mary Barra said demand for GM vehicles continues to remain steady and expects to see new-vehicle sales for the U.S. market rebound next year.

Barra added that she expected 2023 sales of new cars and light trucks to reach around 15 million units.

Reuters cited S&P Global Mobility analysts' forecast, which had estimated 13.7 million units sold in 2022 and 14.7 million units for 2023.

"We are seeing strong demand for our vehicles," Barra said Thursday at an Automotive Press Association event in Detroit.

Barra said the company is planning "to be very conservative on costs" when it comes to budgeting for 2023 since "no one really knows" which way the economy will go.

In July, Barra expressed confidence that within three years GM would sell more electric vehicles in the U.S. than market leader Tesla.

GM recently cut the starting price of the Chevrolet Bolt small SUV to $25,600.

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