Tuesday, December 11, 2007

GM Europe Sets All-Time Sales Record in 2007

Sales of 2,004,172 units from January to November beat last year's total with a month to spare.

Highlights:
- GM Europe YTD share up 0.3 point, at 9.5 percent
- GM Europe YTD sales 157,282 vehicles ahead of last year
- YTD: Opel/Vauxhall grows 4 percent, Chevrolet up 32 percent

General Motors (GM) Europe set a new all-time record, with sales of 2,004,172 vehicles from January to November 2007, beating last year's total with a month to spare. The resulting market share of 9.5 percent is 0.3 point above the same period last year and the highest since 1999.

Chevrolet was the main driver of the sales results, with 32.4 percent growth in the January-November period. The brand sold 411,582 units, with a record market share of 1.9 percent. Opel/Vauxhall also delivered good results, with 4.1 percent growth and sales of 1,506,657 units in the period.

"The all-time sales record clearly reflects the success of GM Europe's multi-brand strategy. This is a result of building strong brands, offering attractive cars and a special focus on building our sales in Central and Eastern Europe. While Chevrolet is the main driver of the unit sales growth, our focus on the quality of sales for Opel and Vauxhall is also paying dividends with excellent progress in key retail segments", said Jonathan Browning, GM Europe Vice President for Sales, Marketing and Aftersales.

General Motors Corp. (NYSE: GM), the world's largest automaker, has been the global industry sales leader for 76 years. Founded in 1908, GM today employs about 280,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2006, motorists bought nearly 9.1 million cars and trucks globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall. In Europe, GM sells its Opel, Vauxhall, Saab, Chevrolet, Cadillac, Corvette and HUMMER ranges in over 30 markets. It operates 10 production and assembly facilities in seven countries and employs around 60,000 people. More information on GM can be found at http://www.gmeurope.com.

Source: General Motors (GM Europe)

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