Thursday, May 21st, 2009
General Motors’ turnaround program in North America according to Kempston Drakes, is ahead of schedule saying that “A new GM is beginning to take shape; a company that is leaner and faster; one that has a passion to create the finest cars in the world.”
Kuwait is one of the outstanding markets for General Motors since it continues to provide the automaker with a strong sales growth and market share. As a matter of fact, for 2006 alone General Motors was able to record an annual sale of 18,289 in Kuwait which is an approximately 5% increase over its 2005 record. This growth was said to be the result of the introduction of new cars and SUVs throughout 2006.
According to Kempston Darkes, “Kuwait remains a very important market for General Motors. We are committed to doing everything we can to grow our business here. Together with our dealer partners around the region, we stand firmly behind our cars and SUVs, offering our customers outstanding ownership experience. We have made, and will continue to make, significant investments in all aspects of the business to ensure customer satisfaction throughout the ownership cycle.” (more…)
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Wednesday, July 2nd, 2008
Detroit automaker General Motors has been expanding its presence in the global auto market. In the Middle East, the automaker is making good progress as the Qatar arm of the automobile manufacturer recently announced that the sales for the first quarter of the year went up to 46 percent. From January to June this year, General Motors has sold 3,877 vehicles in the Middle Eastern country which boosts the overall growth of the car company in the Middle East.
In the region, General Motors has already sold 66,650 vehicles for the first six months of the year. That figure is six percent more than the number of vehicles that the automaker has sold in the region for the same period last year. The sales figure also marks the most number of vehicles sold by General Motors in the region for the first half of any year.
The month of June is the best month for the automobile manufacturer in terms of sales in the Middle East. Last month, General Motors sold 14,781 cars and light trucks in the region. The increase in sales in the region is welcome news for the carmaker as its share in the United States auto market continues to lose ground against Asian rivals.
The increase in sale though at this rate is not expected by General Motors since they had a good year last year. “It was always going to be a challenge to maintain the growth we witnessed in 2006 because we launched 17 models last year so we are delighted by these results,” said Terry Johnsson, General Motors’ Middle East operations president and managing director.
According to Johnsson, their launching of new products in the region’s auto market has been received warmly by consumers. He said that whether it is the GMC Acadia or a Chevrolet Tahoe spark plug wires -equipped full sized SUV; customers are flocking to their dealerships to buy these products. Aside from the Tahoe and the Acadia, General Motors Middle East also recently launched the Chevrolet Suburban in the region.
Aside from the 46 percent increase in sales in the country of Qatar, General Motors also performed well in other Middle Eastern countries. In the United Arab Emirates, the automaker posted an increase of 12 percent for the first half of the year. General Motors sold 8,754 vehicles in the said country for the first six months of the year. In Oman, the increase in sales is posted at 34 percent. In Saudi Arabia, General Motors posted an increase of 12 percent in first half sales. In Bahrain, sales for the first half increased by 13 percent. The Levant markets composed of Jordan, Lebanon, and Syria also saw an increase in sale at 3 percent.
General Motors’ sale in Kuwait though went down by 11 percent. The reason for this is the reduction on fleet sales. Fleets are usually operated on a two-year purchase cycle. That means that it is expected that sales in the country will increase by next year.
The increasing sales for the Detroit automaker are good signs for the company and they have been doing a good job in the region. The carmaker has been in the region for a long time. “General Motors continues to stand behind its vehicles with unique initiatives. We have been operating in the Middle East for over 80 years, selling, servicing and operating our business very close to our customers and dealers,” concluded Johnsson.
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