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GM Latin America, Africa, Middle East Continues To Break Records


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  • Highest Q1 LAAM sales ever as sales increase 26 percent
  • Eight countries set new Q1 sales records, including four all- time quarterly records
  • Chevrolet sells almost 200,000 vehicles and sets new Q1 sales record

Miramar, FL - April 21, 2006: – General Motors Latin America, Africa and Middle East (GM-LAAM) continued to set records throughout the region as sales in the first quarter of 2006 increased by 26 percent to a record 230,100 units and market share improved 1.5 points to 16.9 percent. GM-LAAM ’ s sales for the period represents the highest first quarter in the region ’ s history and sales for the month of March were the fourth highest monthly sales ever.

Maureen Kempston Darkes, President of GM-LAAM said, “GM is leveraging its global product portfolio to offer the types of exciting new car and trucks that consumers in this diverse and rapidly growing region demand. Our first quarter sales were outstanding but this is just the beginning as we plan to build on this momentum throughout the year.”

She added, “GM sold over 880,000 vehicles in Latin America, Africa and the Middle East in 2005 and we’ll be launching 26 vehicles across the region this year. With the launch of these new cars and trucks, we are targeting sales of one million vehicles across the region.”

In addition to setting volume records across the region, GM set all time quarterly sales records in Argentina, Colombia, the Middle East and Other Africa (excludes South Africa), plus Q1 sales records in Chile, Ecuador, Venezuela and South Africa.

LAAM Regional Highlights

  • Chevrolet sold a record 199,304 cars and trucks across the LAAM region in Q1, an increase of 27%, as LAAM launched the Aveo and Spark passenger cars in a number of countries. Chevrolet sales in the region represent a new Q1 sales record and the 2 nd highest quarterly sales for Chevrolet ever.
  • Chevrolet was recognized as the “Best Automotive Brand” in Latin America by AmericaEconomia, one of the regions leading business publications.
  • GM Middle East marked the 29 th consecutive month of record sales
  • GM celebrated the 80 th anniversary of Chevrolet in Ecuador where its market share climbed to over 50% for the month of March
  • GM South Africa announced their intention to introduce Cadillac in the country
  • GM Venezuela announced the addition of a third shift at the Valencia assembly plant

GM-LAAM employs approximately 29,000 people in its core automotive business and majority owned joint ventures. In 2005, GM sold more than 880,000 cars and trucks in LAAM, which represents sales growth of 20% and resulted in 17.7% market share. GM is investing $600 million in the LAAM region in 2006 to support new and existing product programs, including the assembly of the global HUMMER H3G in South Africa.

General Motors Corp. , the world’s largest automaker, has been the global industry sales leader for 75 years. Founded in 1908, GM today employs about 327,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 33 countries. In 2005, 9.17 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall. More information on GM can be found at www.gm.com.