General Motors Middle East on Tuesday announced that the company continued to maintain a double-digit growth for the 12th consecutive month in September.
Last month concluded a successful third quarter for the US auto maker as its dealers in the region reported total sales of 9,853 vehicles in the month - an increase of 13 percent over September last year.
“September capped an outstanding 12 months for GM Middle East,” said John Stadwick, President and Managing Director of General Motors Middle East Operations. The strong performance in September represents the 12th consecutive month of double-digit sales growth for GM Middle East - a record that stretches back to October 2010, the company said.
“To achieve 12 consecutive months of double-digit growth and to increase third quarter sales by 21 per cent is an incredible achievement. It is testament to the investment we, and our dealer partners, are making to ensure we introduce the very best vehicles to the region combined with an unrivalled customer experience,” Stadwick said.
For the third quarter 2011, GM Middle East reported total sales of 35,565 vehicles – up 21 per cent compared to the same quarter in 2010. The sales growth was recorded throughout the region for the company’s line-up of passenger cars, crossovers, sport utility vehicles and pickups across its three brands: Chevrolet, GMC and Cadillac.
Total sales of Chevrolet in the third quarter rose by 21 per cent year-over-year, while sales of GMC experienced a 28 per cent increase. Meanwhile, Cadillac’s third quarter sales grew by 32 per cent. Retail sales — purchases made by individual customers — rose by 43 per cent during the third quarter and represented a healthy 73 per cent of total sales.
September sales figures contributed to year-to-date total sales growth of 22 per cent for the first nine months of 2011 compared to the same period in 2010. Total sales of GM passenger cars grew by 8 per cent during the third quarter of 2011. The gain was driven by sales of Chevrolet Optra, which were up 55 per cent compared to the same period in 2010, the Caprice (up 45 per cent) and the Malibu (up 34 per cent). Sales of the Cadillac CTS rose 43 per cent, spurred by strong demand for the CTS Coupe.
Crossover sales across all three brands increased by 37 per cent during the third quarter of 2011. Growth was driven by sales of the Chevrolet Traverse (up 53 per cent), Cadillac SRX (up 29 per cent) as well as robust sales of the recently launched Chevrolet Captiva and GMC Terrain.
Across Chevrolet, GMC and Cadillac, total sales of sport utility vehicles (SUVs) increased by 30 per cent during the third quarter of 2011. The Chevrolet Tahoe and the Cadillac Escalade were the best performing SUV nameplates during the period with sales growth of 46 per cent and 36 per cent, respectively.