GM Sales Soar in Latin America, Africa and the Middle East
General Motors Latin America, Africa & Middle East (GM LAAM) region set a new all-time quarterly sales record in Q2 2007, selling over 293,000 vehicles, up 48,300 units over the same period last year. In addition, GM's quarterly market share in the region increased 0.2 percent to 17.0 percent.
Once again, Latin America played a vital role in GM LAAM's record breaking quarter as sales in those countries climbed 28.9 percent to over 216,000 vehicles. In Brazil, Q2 sales climbed 23.1 percent to a Q2 record of 118,000 units. In Venezuela, GM sales for the period jumped 92.4 percent to 35,860 vehicles, setting an all-time quarterly sales record. In addition, GM set Q2 sales records in Argentina, Chile and Colombia.
Maureen Kempston Darkes, GM group vice president and president of GM LAAM said, "GM sales in the LAAM region are firing on all cylinders. Just five years ago, we sold 129,000 vehicles in the second quarter. For 2007, we more than doubled that to 293,000 and we anticipate continued strong sales through the rest of the year."
Other GM sales highlights for the LAAM region include record Q2 sales in Egypt, a 51 percent sales jump in Kenya and a 26 percent sales increase in Israel. Plus, LAAM Q2 sales represent the fourth consecutive quarter of records sales.
GM sales in the region were led by key Chevrolet vehicles like the Aveo, Corsa, Optra and Celta, which clearly meet LAAM consumers' needs for high quality, stylish vehicles at a reasonable price. Going forward, GM will launch a number of new Chevrolets, including the all-new Captiva and Tahoe, across the region.