14 October 2005
General Motors Middle East saw sales soar to 30,702 vehicles in the third quarter of the year, a 33 per cent rise on the same period in 2004, with September, the 23rd consecutive month of growth.
The company has now sold 83,073 cars in the region this year, up 35 per cent on last year. GM's robust performance achieved by strong growth across almost all markets.
Saudi Arabia and Kuwait continued their domination of regional sales figures, seeing increases of 79% and 68% respectively. Oman and Qatar recorded a remarkable 137 per cent rise while the United Arab Emirates posed an 86% increase and the Levant 84 per cent.
Terry Johnsson, Managing Director of GM Middle East said: "Our continued success is driven not only by the expansion of our largest markets, but the growing recognition and acceptance of our brands - particularly Chevrolet and Cadillac. The growth witnessed this year is proof that we are tracking well to realising our goal of becoming the region's market leader."
Sales growth across the region has been buoyed by the success of the Chevrolet and GMC brands, which recorded 32 per cent and 73 per cent growth respectively.
The Chevrolet Caprice and GMC Suburban continue to hold their titles as 2005 top selling models into the third quarter, increasing in volume by 33 per cent and 59 per cent respectively The Chevrolet has tapped lucrative new market segments since the introduction of its small models ? the Aveo, Optra and Epica while GM's extended SUV model, the seven-seater TrailBlazer EXT, has also prover highly popular since its arrival late last year.
GM's premium brands have also seen positive sales growth , with Cadillac and Hummer sales up 29 per cent. Johnsson added: "The new Cadillac line-up is attracting an entirely new generation of customers and the launch of the latest Hummer, the H3, is expected to drive volume growth for the brand.
"Chevrolet and GMC sales have been particularly positive in Saudi Arabia, increasing by a massive 105 per cent and 80 per cent respectively.
"Our ongoing success in Saudi Arabia highlights the leading position that GM brands have historically occupied in the hearts and minds of the Saudi community.
"The performance of the Chevrolet Caprice and GMC Suburban, which are GM's top selling models not only in Saudi but across the region, demonstrate the importance of the Saudi market to us as a business."
General Motors Middle East saw sales soar to 30,702 vehicles in the third quarter of the year, a 33 per cent rise on the same period in 2004, with September, the 23rd consecutive month of growth.
The company has now sold 83,073 cars in the region this year, up 35 per cent on last year. GM's robust performance achieved by strong growth across almost all markets.
Saudi Arabia and Kuwait continued their domination of regional sales figures, seeing increases of 79% and 68% respectively. Oman and Qatar recorded a remarkable 137 per cent rise while the United Arab Emirates posed an 86% increase and the Levant 84 per cent.
Terry Johnsson, Managing Director of GM Middle East said: "Our continued success is driven not only by the expansion of our largest markets, but the growing recognition and acceptance of our brands - particularly Chevrolet and Cadillac. The growth witnessed this year is proof that we are tracking well to realising our goal of becoming the region's market leader."
Sales growth across the region has been buoyed by the success of the Chevrolet and GMC brands, which recorded 32 per cent and 73 per cent growth respectively.
The Chevrolet Caprice and GMC Suburban continue to hold their titles as 2005 top selling models into the third quarter, increasing in volume by 33 per cent and 59 per cent respectively The Chevrolet has tapped lucrative new market segments since the introduction of its small models ? the Aveo, Optra and Epica while GM's extended SUV model, the seven-seater TrailBlazer EXT, has also prover highly popular since its arrival late last year.
GM's premium brands have also seen positive sales growth , with Cadillac and Hummer sales up 29 per cent. Johnsson added: "The new Cadillac line-up is attracting an entirely new generation of customers and the launch of the latest Hummer, the H3, is expected to drive volume growth for the brand.
"Chevrolet and GMC sales have been particularly positive in Saudi Arabia, increasing by a massive 105 per cent and 80 per cent respectively.
"Our ongoing success in Saudi Arabia highlights the leading position that GM brands have historically occupied in the hearts and minds of the Saudi community.
"The performance of the Chevrolet Caprice and GMC Suburban, which are GM's top selling models not only in Saudi but across the region, demonstrate the importance of the Saudi market to us as a business."
© Bahrain Tribune 2005
