GM global sales up 7.6% in 2011 to 9.026M vehicles; China and US largest markets
20 January 2012
General Motors Co. global sales rose to more than 9 million vehicles in 2011, a 7.6% gain compared with 2010. GM gained four-tenths of a point of market share to 11.9% of the global vehicle industry. Sales were up in all four reporting regions—North America, South America, Europe and International Operations—as GM sold a total of 9,025,942 vehicles compared with 8,385,484 in 2010.
On a corporate basis, GM’s two largest markets in 2011 were China, where GM and its joint venture partners increased sales 8.3% year over year to 2,547,203 vehicles, and the United States, where GM sold 2,503,820 vehicles, up 13.0% compared with 2010. GM is the market leader in both countries.
|General Motors Global Sales Summary|
The results were strongly supported by Chevrolet, which sold 4.76 million vehicles around the world in 2011, setting a global sales record.
The United States led the way for Chevrolet with total vehicle sales of 1,775,812, up more than 13% from 2010. China posted record sales of 595,068, up 9.5% from the previous year. Other markets that posted significant year-over-year increases include Vietnam (79%), Russia (49%), Turkey (30%) and Germany (21%).
The Chevrolet Cruze compact sedan led the brand with global sales of more than 670,000 in 2011, making it the best-selling Chevrolet nameplate around the world with more than 1.13 million sold since its launch in 2009. In the United States, Chevrolet was the best selling passenger car brand in 2011, thanks in large part to the success of the Cruze.
More than 15 markets experienced record Chevrolet sales in 2011 with the largest year-over-year increases in Peru (81%), Vietnam (79%), Thailand (57%), South Africa (50%) and Israel (46%).
|Top 10 Chevrolet sales markets in 2011|
Again, as we've seen in other posts about GM's sales, there is no breakdown of the sales figures showing exactly where their cars are going, specifically corporate fleets vs. rental fleets vs. individuals....which makes the numbers highly suspicious given we are in an election year & the federal government still has a large stake in GM (ie. we have a Chicagoland politician in the White House).
Posted by: ejj | 20 January 2012 at 04:29 AM
You just never give up trying to slander. It would be a lot better for all of us if you would stick to the topic of sustainable mobility and knock off the political bull.
Posted by: SJC | 20 January 2012 at 07:47 AM
China loves Buick.
ejj, I think hundreds of thousands of Americans are grateful the US gave loans to GM - thereby saving an industry. And preventing Detroit from declaring wholesale bankruptcy.
I am not big on government loans, but how is it different really than government investment in R&D (much fails) or military adventures (many die), or entitlements?
The big difference is successful loans to private sectors are repaid. GM has repaid its loans. Now it's time for government to sell its equity and get out of the car business.
Posted by: Reel$$ | 20 January 2012 at 09:53 AM