GM Posts Gains in Global Sales Market Share

GM Posts Gains in Global Sales, Market Share

April 16, 2013
A strong performance in North America spurred the results as sales climbed 8.2% to 761,616 vehicles and GM's share increased 0.4 point to 17.1%.

CHICAGO -- General Motors (IW 500/4) on Tuesday posted solid gains in both its global sales and market share in the first quarter of 2013.

Global sales grew 3.6% to nearly 2.4 million vehicles as GM's share of the industry increased 0.2 point to 11.4%, the largest U.S. automaker said.

A strong performance in North America spurred the results as sales climbed 8.2% to 761,616 vehicles and GM's share increased 0.4 point to 17.1%.

Growth was also strong in Asia, Africa and the Middle East where sales increased 6.9% to 992,234 vehicles, pushing GM's share up 0.2 point to 9.6%.

GM managed to expand its share in Europe by 0.1 point to 8.3% even as sales shrank 6.4% to 372,634 vehicles amid an industry-wide downturn in the recession-riddled bloc.

Its South American operations were troubled, however, as sales fell 5.3% to 234,474 vehicles and GM's share shrank by 0.9 point to 17.2%.

Copyright Agence France-Presse, 2013

About the Author

Agence France-Presse

Copyright Agence France-Presse, 2002-2024. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.

Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!