/ General Motors, Industry, News, Sales Reports / GM reaches 2.5 million deliveries in the second quarter

GM reaches 2.5 million deliveries in the second quarter

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GM reaches 2.5 million deliveries in the second quarter

The No.1 US automaker, General Motors, recently announced its worldwide second quarter sales exceeded 2.5 million units, a figure that wasn’t achieved for the period since 2005.

Total sales for the quarter grew 0.5% year-over-year, with sales in the United States rising by 7% and in China by 8%. The half-year figure was 1.4% up to 4,921,928 vehicles.

“GM did well in the world’s two largest and most profitable vehicle markets and that helped us grow despite very challenging market conditions in parts of South America, Asia and Eastern Europe,” said GM CEO Mary Barra. “We are investing in our brands around the world to keep our momentum going, and that includes growing Cadillac in China, launching a total of 27 new Opel models between 2014 and 2018 and entering new segments in North America with vehicles like the Chevrolet Colorado and GMC Canyon.”

GM said Chevrolet’s brand sales achieved record levels in China and had a strong performance in North America, but declined to give specific increase figures. Buick reached the best deliveries in the brand’s 110-year history, with an 11% jump for the quarter and an overall half-year 12% growth. Luxury division Cadillac also topped expectations, with global sales rising 14%; while the European unit Opel/Vauxhall had a modest 3% rise in the second quarter.

by Aurel Niculescu (my Google+) - Thursday, July 17th, 2014 - filed under General Motors, Industry, News, Sales Reports. Image credit: .
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