GM Sold 2.4 Million Vehicles Around the World in Q1 2015
General Motors announced Tuesday that it sold 2.4 million vehicles around the globe in the first quarter of 2015, 2% better than its sales from Q1 2014. The primary drivers of this growth are China, North America, and Europe, where sales have been up 9%, 6%, and 3%, respectively.
“The momentum our brands are building in China, the U.S. and Western Europe more than offset difficult conditions in some other large markets like Russia and Brazil,” said GM CEO Mary Barra.
“We are in the early days of a very aggressive onslaught of new products and customer-driven innovation,” she added. “Already, the Chevrolet Trax and Colorado are redefining segments in the United States, Cadillac is growing rapidly in China and establishing a new formula for prestige sedans with the CT6 and Opel’s revitalization is accelerating across Europe. At the same time, we are deploying OnStar with 4G LTE in North America, Europe, and China to give our customers the best connectivity experience in the industry.”
GM’s brands have all been fairing well on the whole. Despite sliding considerably in its home market, Cadillac is up 2.5% from last year thanks to considerable growth in China. Buick is up 8% globally, and the introduction of new models including the next-gen Verano, Cascada, and Excelle GT are likely to continue interest building around the brand.
GMC enjoyed its best quarter in a decade thanks to an increased interest in crossovers, SUVs, and trucks; and Chevrolet, despite being down 4.3% year-over-year, contributes 1,066,123 units to the total.
China was the biggest market for GM by far, with customers grabbing 961,135 vehicles in three months. The United States accounted for 684,039 sales, Brazil racked up 111,924 sales, and the UK added 86,275 sales