General Motors Mexico Sales Up Over 20% for May
General Motors’ prospects are looking up in one of North America’s less-developed markets: Mexico. In the month of May 2016, new vehicle deliveries reached a grand total of 24,238 units. Compared to May back in 2015, that makes up an increase of a whopping 23.78%, or more than a fifth again of last year’s 19,581 new vehicle deliveries.
These increased sales seem to have been largely led by sales of various Chevrolet models. Most notable among these is sales of the Chevy Sonic—specifically the Sonic hatchback, which saw sales increase a surprising 323% over last year. Second to that were sales of the Chevy Silverado 1500, which were up 258% over last year at this time. Finally, the third vehicle to sell an increase of over 100% was the Camaro, which saw sales increase 119.6%.
According to General Motors Mexico’s Vice President of Sales, Service and Aftersales Francisco Garza, GM Mexico has delivered a total of 105,417 units in the first five months of this year, comprising a very strong market share of 17.5%.
This comes after a year of increasing GM investment in Mexico, as back in December GM announced it would invest $5 billion in Mexico through 2018, which would double production capacity.