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General Motors sales up by 4.4 percent in first quarter of the year

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Old 22-04-2006, 06:09 AM   #1
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Default General Motors sales up by 4.4 percent in first quarter of the year

General Motors sales up by 4.4 percent in first quarter of the year

World’s largest maker of automobiles General Motors has said that the sales of their vehicles have grown by 4.4% in the first three months of the current year. GM has benefited from improved sales in the Chinese and Indian markets.

However, the company continues to face problems in their home market of US where they are undergoing the process of cutting jobs and closing down loss making plants. The sales outside their home market were up by an impressive 16 percent in the first quarter.

This itself shows the declining sales of GM cars in the US market. The same time duration last year saw sales declining by around 5% for the company. GM added in a statement that overall sales for its Chevrolet brand were down slightly in North America.

However, the demand for their new full-size SUV, the Tahoe, as well as the retro-styled HHR wagon and the Impala sedan were better than expectations.
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