ArabianBusiness.com - Middle East Business News
Sunday, 22 November 2009 17:53 UAE time

YOUR DIRECTORY /

| Share |

SUVs power regional sales surge for GM

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Wednesday, 16 April 2008
SALES SURGE: Demand for the Acadia luxury crossover SUV drove GMC’s regional sales up 41%.

General Motors said on Tuesday its UAE sales were up 35% during the first quarter of 2008 compared to the same period last year.

The company, which celebrates its 100th birthday this year, sold 5,642 units across its Chevrolet, Cadillac, GMC, Hummer and Saab brands, following on from a similarly strong performance in 2007 when the firm grew by 20%.

GMC full-size SUVs take first place in the UAE sales chart, with customers buying 110% more vehicles (1,334 units) than in the same period last year.

Story continues below
advertisement

Cadillace, Hummer and Saab saw a combined increase of 54% to 670 units, while Chevrolet rose 17% to 3,638.

GM’s full size SUVs, the Chevrolet Tahoe and Suburban, and GMC Yukon and Yukon XL experienced a combined increase of 79% over Q1 2007 to 1,337 units.

The Chevrolet Epica was the next biggest seller with 565 models bought, representing a year-on-year increase of 146%.

GM’s success in the UAE has been broadly replicated across the Middle East, with record sales in the first three months of the year.

GMC saw regional sales up 41% on 2007, driven primarily by demand for the new Acadia crossover SUV. The luxury Cadillac brand grew 51% helped by its CTS sedan and Escalade luxury SUV, while Hummer grew by 6%.

In the GCC, Oman led the way for GM with year-on-year sales up by 38%, followed closely by Kuwait (+37%), the UAE and Bahrain (+34%).

Saudi Arabia, GM's biggest market, shifted 17,580 units, while Iraq sales jumped 42%.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

RELATED LINKS

  1. General Motors (GM)»

 EMAIL ALERTS

  1. General Motors (GM)

  2. Culture & Society


Tell us your story

READER COMMENTS

  1. RTA to lease last batch of retail outlets on Red Line 05
    22 Nov ' 09 at 15:33
    Dont really know how well these outlets do. No feedback.   More  »
  2. The Roubini Vs Rogers debate 04
    22 Nov ' 09 at 14:44
    Simon, I agree with everything you say. The paper gold games of Comex and the gold fractional reserve banking system of the LBMA are...   More  »
  3. Merger technical talks to conclude in a month - Emaar 03
    22 Nov ' 09 at 12:33
    Dubai needs is Antitrust & Trade Practices law in place to go forward.Too many people have burnt their fingers including large...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM