GM Announces Record First Quarter Global Sales of More Than 2.2 Million Vehicles
- Growth in China Fuels 20 Percent Asia/Pacific Region Climb
- Brazil, Colombia, Argentina and Venezuela Growth Spurs A Sales Surge of 17 Percent In The Latin America, Africa and the Middle East Region
- Russian Sales Increase More Than 127 Percent to Set European Record; Chevrolet Has Record European Q1, With Sales Exceeding 100,000 Vehicles
- Sales Leadership Shown in Emerging Markets
DETROIT, April 19 -- General Motors sold a record 2.26 million cars and trucks around the world in the first quarter of 2007, according to preliminary sales figures released today. GM global first quarter sales were up 67,000 vehicles, or 3 percent, compared with sales of 2.19 million in the first quarter 2006. Global market share is estimated at 13.0 percent, compared with 13.1 percent a year ago.
"GM posted record sales in the first quarter driven by exceptionally strong demand in emerging markets," John Middlebrook, GM vice president, Global Sales, Service and Marketing Operations, said today. "We saw more than 20 percent growth in the Asia/Pacific region and had 17 percent growth in the Latin America, Africa and Middle East region. We're also very pleased to see 6 percent growth in Europe where we sold more than a half-million vehicles and established a new sales record."
Chevrolet, HUMMER and Cadillac are showing signs of global success.
Chevrolet global sales of 1.04 million vehicles were up 4 percent compared with a year ago. The brand grew by 33 percent in Europe, 12 percent in Asia- Pacific and 19 percent in Latin America, Africa and the Middle East.
GM also retains its strong luxury truck portfolio growth, evidenced by HUMMER sales that grew 37 percent in the Latin America, Africa and the Middle East region. Globally, HUMMER recorded 15,000 vehicle sales. With the Hummer H2 mid-cycle enhancement, addition of the V8-powered H3 Alpha in North America and start of production of the right hand-drive H3 in South Africa, HUMMER products are well-positioned to respond to demanding customers' needs.
Cadillac posted a sales increase outside of North America in the first quarter, thanks to 89 percent sales growth in Europe, a 55 percent increase in Latin America, Africa and the Middle East and 47 percent growth in Asia/Pacific.
Several of GM's regional brands also experienced notable growth in the first quarter of 2007.
Opel and Vauxhall sold 443,000 vehicles in the first quarter of the year. Vauxhall was up 6.3 percent and Opel was up about a half percent with 1,200 more vehicles sold this year under those nameplates compared with Q1 2006. The brands achieved segment leadership with Meriva and Zafira -- in the monocab segment -- and second position with Astra in the popular compact segment.
Saturn sales in the United States and Canada were up 19 percent, based largely on the popularity of the new 2007 Aura, Sky, Vue and Vue Green Line Hybrid and Outlook crossover utility vehicle. Saturn expects stronger sales this year as it continues the launch of the Outlook crossover and welcomes the Ion small-car replacement, Astra. Saturn is undergoing the most extensive product renaissance in its history.
GM Daewoo sales of 35,000 vehicles were up 31 percent, outpacing South Korea's strong market growth on the back of its Winstorm SUV and Tosca medium car.
Global sales highlights include: -- First quarter 2007 global sales of 2.26 million vehicles, up 3 percent, set a record for first quarter sales. -- At 1.36 million vehicles, Q1 2007 sales outside of the United States accounted for about 60 percent of GM's total global sales, growing at close to 10 percent compared with Q1 2006, outpacing the industry average growth rate of 5 percent. Global industry sales of 17.41 million vehicles were up 3 percent. The industry has seen a 10 million vehicle increase in the global automotive market in the past five years, and the market should hit almost 70 million in 2007. -- In the Asia/Pacific region, GM sales of 388,000 vehicles were 20 percent higher than the previous year's first quarter, and GM China sales of 290,000 vehicles posted a more than 25 percent sales increase compared with 2006. GM remained the top-selling automaker in China and sold 100,000 vehicles in a month for only the second time. GM sales in the region set a record for the quarter and exceeded industry growth levels. -- In the Latin America, Africa and Middle East region, GM sales reached an industry-best 269,000 vehicles, a record for Q1 and up 17 percent in volume compared with 2006. GM saw volume increases in 10 Latin America, Africa and Middle East markets in the first quarter of 2007. Sales in Brazil were up 12 percent for the quarter. -- In Europe, GM also set a quarterly sales record with deliveries of 554,000 vehicles, up 6 percent. Growth in Russia, up 128 percent, led the increase. Cadillac, Corvette, HUMMER, Saab and Chevrolet set European sales records for their brands. Chevrolet achieved record sales of 101,000 vehicles, up 33 percent.
Note: Global sales results are based on preliminary numbers reported and have been rounded.
General Motors Corp. , 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 33 countries. In 2006, nearly 9.1 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at www.gm.com.
Share and Volume by Region: 2006-2007 REGIONAL VOLUME MKT CY REGION 1 2 3 YTD CY-06 GM 2006 GMAP 107274 94442 121708 323424 1246564 GME 147416 134242 241609 523267 2002946 GMNA 342693 347656 432391 1122740 4806811 LAAM 76018 70444 83765 230227 1035277 2006 Total 673401 646784 879473 2199658 9091598 2007 GMAP 133204 118356 136730 388290 GME 166033 139173 248415 553621 GMNA 293114 354133 408251 1055498 LAAM 85114 81691 102258 269063 2007 Total 677465 693353 895654 2266472 IND 2006 GMAP 1450293 1473090 2161326 5084709 19194182 GME 1668370 1511111 2390919 5570400 21798081 GMNA 1389572 1515849 1857625 4763046 20190971 LAAM 486122 445589 501294 1433005 6074243 2006 Total 4994357 4945639 6911164 16851160 67257477 2007 GMAP 1626348 1557005 2229176 5412529 GME 1739599 1509964 2410364 5659927 GMNA 1343776 1498074 1856840 4698690 LAAM 549970 514982 582808 1647760 2007 Total 5259693 5080025 7079188 17418906 SHARE % Share 2006 GMAP 7.4 6.4 5.6 6.4 6.5 GME 8.8 8.9 10.1 9.4 9.2 GMNA 24.7 22.9 23.3 23.6 23.8 LAAM 15.6 15.8 16.7 16.1 17.0 GLOBAL 13.5 13.1 12.7 13.1 13.5 % Share 2007 GMAP 8.2 7.6 6.1 7.2 GME 9.5 9.2 10.3 9.8 GMNA 21.8 23.6 22.0 22.5 LAAM 15.5 15.9 17.5 16.3 GLOBAL 12.9 13.6 12.7 13.0 PERCENTAGE 2006 % CHG GMAP 24.2 25.3 12.3 20.1 vs. GME 12.6 3.7 2.8 5.8 2007 GMNA -14.5 1.9 -5.6 -6.0 LAAM 12.0 16.0 22.1 16.9 GLOBAL 0.6 7.2 1.8 3.0 VARIANCE 2006 Volume GMAP 25930 23914 15022 64866 vs. GME 18617 4931 6806 30354 2007 GMNA -49579 6477 -24140 -67242 LAAM 9096 11247 18493 38836 GLOBAL 4064 46569 16181 66814 Share and Volume by Cad: 2006-2007 MKTDIV VOLUME CY MKTDIV REGION 1 2 3 YTD CY-06 2006 Cadillac GMAP 345 770 256 1371 3653 GME 261 180 292 733 3439 GMNA 15221 16789 21136 53146 237551 LAAM 132 193 208 533 2527 Total 15959 17932 21892 55783 247170 2007 Cadillac GMAP 350 882 784 2016 GME 330 294 759 1383 GMNA 14421 14901 20069 49391 LAAM 244 232 349 825 Total 15345 16309 21961 53615 MKTDIV SHARE 2006 % Share GMAP 0.0 0.1 0.0 0.0 0.0 GME 0.0 0.0 0.0 0.0 0.0 GMNA 1.1 1.1 1.1 1.1 1.2 LAAM 0.0 0.0 0.0 0.0 0.0 GLOBAL 0.3 0.4 0.3 0.3 0.4 2007 % Share GMAP 0.0 0.1 0.0 0.0 GME 0.0 0.0 0.0 0.0 GMNA 1.1 1.0 1.1 1.1 LAAM 0.0 0.0 0.1 0.1 GLOBAL 0.3 0.3 0.3 0.3 PERCENTAGE 2006 %CHG GMAP 1.4 14.5 206.3 47.0 vs. GME 26.4 63.3 159.9 88.7 2007 GMNA -5.3 -11.2 -5.0 -7.1 LAAM 84.8 20.2 67.8 54.8 GLOBAL -3.8 -9.1 0.3 -3.9 VARIANCE 2006 Volume GMAP 5 112 528 645 vs. GME 69 114 467 650 2007 GMNA -800 -1888 -1067 -3755 LAAM 112 39 141 292 GLOBAL -614 -1623 69 -2168 Share and Volume by Chev: 2006-2007 MKTDIV VOLUME CY MKTDIV REGION 1 2 3 YTD CY-06 2006 Chevrolet GMAP 17471 13266 23740 54477 219941 GME 20071 22296 33248 75615 342775 GMNA 205815 208548 260475 674838 2842228 LAAM 66237 60270 72959 199466 899545 Total 309594 304380 390422 1004396 4304489 2007 Chevrolet GMAP 20257 16974 23911 61142 GME 28680 29208 42986 100874 GMNA 179393 214658 248798 642849 LAAM 75339 70973 90940 237252 Total 303669 331813 406635 1042117 MKTDIV SHARE 2006 % Share GMAP 1.2 0.9 1.1 1.1 1.1 GME 1.2 1.5 1.4 1.4 1.6 GMNA 14.8 13.8 14.0 14.2 14.1 LAAM 13.6 13.5 14.6 13.9 14.8 GLOBAL 6.2 6.2 5.6 6.0 6.4 2007 % Share GMAP 1.2 1.1 1.1 1.1 GME 1.6 1.9 1.8 1.8 GMNA 13.3 14.3 13.4 13.7 LAAM 13.7 13.8 15.6 14.4 GLOBAL 5.8 6.5 5.7 6.0 PERCENTAGE 2006 %CHG GMAP 15.9 28.0 0.7 12.2 vs. GME 42.9 31.0 29.3 33.4 2007 GMNA -12.8 2.9 -4.5 -4.7 LAAM 13.7 17.8 24.6 18.9 GLOBAL -1.9 9.0 4.2 3.8 VARIANCE 2006 Volume GMAP 2786 3708 171 6665 vs. GME 8609 6912 9738 25259 2007 GMNA -26422 6110 -11677 -31989 LAAM 9102 10703 17981 37786 GLOBAL -5925 27433 16213 37721 Share and Volume by HUM: 2006-2007 MKTDIV VOLUME CY MKTDIV REGION 1 2 3 YTD CY-06 2006 HUMMER GMAP 92 101 140 333 1037 GME 142 180 178 500 1947 GMNA 5612 6075 6578 18265 75939 LAAM 175 308 200 683 3457 Total 6021 6664 7096 19781 82380 2007 HUMMER GMAP 8 7 62 77 GME 146 121 141 408 GMNA 4262 4393 5101 13756 LAAM 275 315 346 936 Total 4691 4836 5650 15177 MKTDIV SHARE 2006 % Share GMAP 0.0 0.0 0.0 0.0 0.0 GME 0.0 0.0 0.0 0.0 0.0 GMNA 0.4 0.4 0.4 0.4 0.4 LAAM 0.0 0.1 0.0 0.0 0.1 GLOBAL 0.1 0.1 0.1 0.1 0.1 2007 % Share GMAP 0.0 0.0 0.0 0.0 GME 0.0 0.0 0.0 0.0 GMNA 0.3 0.3 0.3 0.3 LAAM 0.1 0.1 0.1 0.1 GLOBAL 0.1 0.1 0.1 0.1 PERCENTAGE 2006 %Chg GMAP -91.3 -93.1 -55.7 -76.9 vs. GME 2.8 -32.8 -20.8 -18.4 2007 GMNA -24.1 -27.7 -22.5 -24.7 LAAM 57.1 2.3 73.0 37.0 GLOBAL -22.1 -27.4 -20.4 -23.3 VARIANCE 2006 Volume GMAP -84 -94 -78 -256 vs. GME 4 -59 -37 -92 2007 GMNA -1350 -1682 -1477 -4509 LAAM 100 7 146 253 GLOBAL -1330 -1828 -1446 -4604 Share and Volume by Saab: 2006-2007 MKTDIV VOLUME CY MKTDIV REGION 1 2 3 YTD CY-06 2006 Saab GMAP 423 210 485 1118 3698 GME 7020 5838 11882 24740 90459 GMNA 2325 2960 3595 8880 39386 LAAM 41 38 47 126 399 Total 9809 9046 16009 34864 133942 2007 Saab GMAP 301 251 435 987 GME 6779 5161 10229 22169 GMNA 2528 2337 3067 7932 LAAM 42 53 30 125 Total 9650 7802 13761 31213 MKTDIV SHARE 2006 % Share GMAP 0.0 0.0 0.0 0.0 0.0 GME 0.4 0.4 0.5 0.4 0.4 GMNA 0.2 0.2 0.2 0.2 0.2 LAAM 0.0 0.0 0.0 0.0 0.0 GLOBAL 0.2 0.2 0.2 0.2 0.2 2007 % Share GMAP 0.0 0.0 0.0 0.0 GME 0.4 0.3 0.4 0.4 GMNA 0.2 0.2 0.2 0.2 LAAM 0.0 0.0 0.0 0.0 GLOBAL 0.2 0.2 0.2 0.2 PERCENTAGE 2006 %Chg GMAP -28.8 19.5 -10.3 -11.7 vs. GME -3.4 -11.6 -13.9 -10.4 2007 GMNA 8.7 -21.0 -14.7 -10.7 LAAM 2.4 39.5 -36.2 -0.8 GLOBAL -1.6 -13.8 -14.0 -10.5 VARIANCE 2006 Volume GMAP -122 41 -50 -131 vs. GME -241 -677 -1653 -2571 2007 GMNA 203 -623 -528 -948 LAAM 1 15 -17 -1 GLOBAL -159 -1244 -2248 -3651 Emerging Markets % VOL. MKT CY MKTOP 1 2 3 YTD SHARE % CHG CHG GM 2006 Brazil 29691 27101 32517 89309 21.4 China 80388 65166 86135 231689 13.4 India 2510 1821 4071 8402 1.9 Mexico 22411 20136 21121 63668 21.9 Poland 2952 2453 3307 8712 12.4 Russia 4416 6535 9483 20434 5.3 South Africa 5496 6385 7171 19052 12.3 South Korea 7617 8814 10290 26721 9.4 Thailand 1874 2247 3013 7134 4.2 Turkey 1865 3181 4449 9495 6.8 2007 Brazil 28611 30196 40905 99712 20.2 -1.2 11.6 China 101926 88002 99987 289915 13.9 0.5 25.1 India 3776 3014 4542 11332 2.1 0.2 34.9 Mexico 21636 18068 20898 60602 20.9 -1.0 -4.8 Poland 3137 2993 3990 10120 11.7 -0.7 16.2 Russia 11638 14343 20565 46546 9.5 4.2 127.8 South Africa 5984 6804 7167 19955 12.3 0.0 4.7 South Korea 11369 10178 12732 34279 11.3 1.9 28.3 Thailand 1511 1315 1805 4631 3.3 -0.9 -35.1 Turkey 1273 1934 3219 6426 6.3 -0.5 -32.3 MktDiv UNITS CY JAN-MAR. MKTDIV2 2006 2007 Var. % Chg Chevrolet 1004396 1042117 37721 3.8 Opel 336030 337215 1185 0.4 Wuling 129963 163945 33982 26.1 Buick 132976 129050 -3926 -3.0 GMC 125718 134023 8305 6.6 Pontiac 127067 103589 -23478 -18.5 Vauxhall 99774 106027 6253 6.3 Cadillac 55783 53615 -2168 -3.9 Saturn 51887 61875 9988 19.2 Holden 41724 40840 -884 -2.1 Daewoo 26934 35267 8333 30.9 Saab 34864 31213 -3651 -10.5 HUMMER 19781 15177 -4604 -23.3
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