According John Middlebrook, GM vice president of Global Sales, Service and Marketing Operations ", historical GM Third quarter sales were driven by exceptionally strong demand in emerging markets and improving our competitiveness in developed markets. GM global sales of 7.06 million vehicles during the first nine months of the year reflect solid results and more than 2 percent growth. We are in the process of having our second best performance of the annual sales in our nearly 100-year history ".
" In the third quarter we have experienced the sale of records around the world including an increase of 22 percent in Latin America, Africa and the Middle East - all-time quarterly record for that region - and 16 percent Growth in the Asia-Pacific region. We are also pleased to publish a gain from the sale of 15 523600 vehicles and set a record Q3 ", added.
Based on preliminary figures, the third quarter of record sales outside the United States marked the 21 th consecutive quarter of year year increases in sales. The Q3 2007 sales outside the United States at 1.34 million vehicles cover approximately 56 percent of total global sales of GM. Therefore, it is almost 14 percent more compared with Q3 2006, surpassing the growth rate of the industry average of 10 percent.
In Latin America, Africa and Middle East (LAAM) region, third quarter sales record mounted to 22 percent at 329400 vehicles. In Brazil, sales rose by a record 29 percent for the quarter. Cadillac sales were 45 percent while Honda rose to 27 percent. Saab vehicles (equipped with quality relay Saab) sales increased by 17 percent. HUMMER won a three-digit growth in the region. In the first nine months of 2007, GM LAAM region overall improvement in sales to around 20 per cent in 893800 vehicles.
In the Asia-Pacific region, sales record third quarter were 16 percent better at 327500 vehicles, compared with the previous year& 39;s third quarter. GM China sales, including SAIC-GM-Wuling sales, won more than 21 percent of sales 230000 vehicles, compared with 2006. In fact, GM is on track to become the first group to sell 1 million vehicles in China each year. Cadillac to improved sales by up to 122 percent, while sales of Ford were up 46 percent and 12 percent with Saab in the region. Overall, GM Asia-Pacific sales rose 14 per cent to more than 1.05 million vehicles during the first nine months of the year.
In Europe, GM delivered 523600 vehicles as its third quarter sales, which is 15 percent better compared to last year. In fact, GM was the largest quarterly increase in volume among the top ten manufacturers in Europe. Sales growth in Russia was 75 percent in 65700 vehicles. GM growth in Russia has been supported by the commencement of production of Opel Anatara in St. Petersburg. GM is on the road to the sale of over 200000 vehicles in Russia this year. Chevrolet sales was 28 percent in 113000 vehicles. Open / Vauxhall improvement in sales of over 12 percent in Europe. Cadillac sales were up 61 percent while HUMMER with 28 per cent in the region. GM Europe& 39;s overall regional sales mounted to more than 8 percent to 1.65 million vehicles during the first nine months of the year.
However, North American GM plans to reduce the daily rental sales and to soften the U.S. market As a result of increased fuel prices and concerns with respect to housing, which resulted in a sales fell 6 percent of the 1.20 million vehicles in comparison with last year. Even if there is a competitive market USA For full-size pickups, GM truck segment continues to show leadership in the quarter through North American Truck of the Year Chevrolet Silverado and GMC Sierra again. In addition, GM managed to gain: his mid-cars, which include Saturn Aura, Pontiac G6 and Chevrolet Impala, and the mid-utility crossings, including GMC Acadia, Saturn Outlook and Buick Enclave. The newly launched 2008 Chevrolet Malibu is underway to build its momentum in demand as a distributor taxing available supply. yasmir dewey
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