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GM's Sales Rise In Latin America, Middle East

General Motors said Thursday that sales in the Latin America, Africa and Middle East region rose 3.2 percent in 2008 and market share improved to 17.1 percent.

MIRAMAR, Fla. (AP) -- General Motors Corp. said Thursday that sales at its Latin America, Africa and Middle East region rose 3.2 percent in 2008.

Detroit-based GM said the region's sales rose by more than 40,000 vehicles to about 1.3 million vehicles for the year. Market share in the region improved to 17.1 percent.

GM said it set all-time sales records for the Argentina, Brazil, Chile, Ecuador, Paraguay, Peru, Uruguay, Egypt, Kenya, North Africa and Middle East markets in 2008.

In addition, the automaker said it posted market share gains in Ecuador, Paraguay, Peru, Uruguay, Egypt, Kenya, Israel, Middle East, North Africa, South Africa and Venezuela.

North African market sales rose 57 percent for the year, while Egypt sales increased 52 percent.

The Chevrolet Corsa, Celta and Aveo remained as the top three sellers across the region in 2008 and represented 41 percent of GM's sales volume. Chevrolet represents 90 percent of GM sales in the region.

GM shares rose 5 cents to $3.90 in morning trading.