GM delivers 2.4 million vehicles globally
Mumbai: General Motors Co. dealers have delivered 2,416,028 vehicles around the world in the first quarter 2014. Among GM’s top five global markets by volume, China posted the largest year-over-year sales increase, with deliveries up 13 per cent to a record 919,114 units. Sales in the United Kingdom and Germany were also up, and Opel/Vauxhall grew its share in 10 European markets.
“We are very encouraged by our results in China, where we outperformed the industry, and in Europe, where Opel’s sales and the economic outlook are improving at the same time,” said Dan Ammann, GM President.
In Europe, GM’s improving market position is linked to the Opel Mokka and the new Insignia flagship sedan. Cumulative Mokka orders have surpassed 215,000 units since it was launched in fall 2012, while Insignia has topped 85,000 units since it was launched in fall 2013. “We will continue to be optimistic about US sales, as our award-winning new products are performing well and we have more on the way. South America continues to be challenging for Chevrolet, where we face currency and other challenges, especially in Venezuela. “ added Amman.
Its global market share is 11.1 per cent, which is down two-tenths of a point from a year ago. GM also gained market share in China due to the ongoing success of Buick and Wuling, as well as the growth of Cadillac. ‘The total GM automobile deliveries surpassed 1 million units in China,’ as per its official reports.