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GM Latin America, Africa and Middle East First Quarter 2008 Sales Up 20%

By admin - Posted on April 18th, 2008
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Miramar, FL, 2008-04-15 - General Motors Latin America, Africa and Middle East (GM LAAM) region posted an all-time Q1 record in 2008, selling 323,400 vehicles, up 52,900 units over the same quarterly period in 2007. GM’s volume increase of 19.6 percent for the quarter outpaced the 11.7 percent industry growth rate for the region. In addition, LAAM’s market share increased to 17.9 percent for the quarter, up 1.2 share points year-over-year.

Highlights:
* Record 323,400 units in Q1 2008
* Sales up 19.6% or 52,900 units from Q1 2007
* Q1 2008 market share improves 1.2 points to 17.9%

In achieving the Q1 record sales level, GM LAAM sold an all-time March monthly high of 111,300 units. This equates to a 7.2 percent improvement year-over-year.

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