MEEF
Add MEEF to my Favorites

Main Page

About Us

Advertise

Ballooning

Contact us


Eco-Sofa

PET Bottle Recycling
PET Bottle Scrap

Engineering

Lead Acid Battery Recycling
Scrap Batteries

Recycling Technologies
Recycling

Environment

Home

Interlude

Recycling

Sitemap

Previous Page

Middle East Economic Engineering Forum

Middle East Regional Economic News
 

Search this site  


2nd Middle East Waste and Environmental

Management Congress - Dead Sea
17-19 February, 2009

 

أخبار الشرق الأوسط الاقتصادية - Middle East Regional Economic News - 共發現

20 October 2008

 

General Motors Announces Third Quarter Results In Jordan - النسخة العربية

 

GM sales up by 121% in September 2008 compared to the same month last year

GMC brand registers major growth over the first nine months of 2008

 

Amman, Jordan – General Motors (GM) sales are on the rise in Jordan, with the company experiencing an extremely strong September and a 121% rise in sales compared to the same month last year.  According to figures released today, which also cover the first three quarters of the year, GMC sales in Jordan rose by 71% compared to the first nine months of 2007.

 

In July, GM consolidated its activities in Jordan, with AbuKhader Automotive, the Cadillac, GMC and HUMMER dealer, adding Chevrolet to their portfolio.  Following this move, which makes it easier for customers to gain access to the GM range of vehicles and services, Chevrolet sales rose by 122% in September.  In the same month, GMC, HUMMER and Saab all recorded triple-digit growth, as total GM sales more than doubled over September 2007.

 

Year-on-year sales for the GMC brand were up by 71% on the first nine months of 2007.  The continuing popularity of the new Acadia luxury Crossover SUV – GM’s third biggest-selling model in Jordan - and the mid-size SUV, the Envoy, were key to this outstanding performance.  At the same time, Chevrolet continued to be GM’s leading brand in the country, with the Optra and Aveo holding first and second place in the company’s sales chart, as total GM sales in Jordan for 2008 reached 1,158 units.

 

At a press conference held in Beirut, Lebanon, to announce General Motors’ quarterly business results in the Middle East, Terry Johnsson, President of General Motors - Middle East Operations, said “It is extremely rewarding to see that the General Motors line-up is attracting customers across the region and in Jordan in increasing numbers, as demonstrated by these latest results.  At the same time, we acknowledge the commitment and effort of our esteemed dealers, AbuKhader Automotive and C.E.E.T., in helping make this success possible.

“Looking forward, there are exciting times ahead for GM, with models such as the Chevrolet Traverse and Cadillac CTS-V, Hummer H3T and Sierra Denali just around the corner, and equally highly anticipated models such as the Chevrolet Cruze and Camaro set to arrive next year.  GM really grabbed the headlines on September 16th, our 100th anniversary, when we announced our vision for the future by unveiling the production version of the Chevrolet Volt.  This extended-range electric vehicle is set to rewrite automotive history and revolutionise the way we travel.”

 

At the same time, GM announced a new Middle East sales record for the first nine months of the year, with its sales in the region in 2008 up by 13% to 111,944 units compared to the same period in 2007.  This success can be attributed to three key factors: increasing demand for the company’s full-size SUVs, a huge rise in sales for GMC and the growing popularity of the GM brands in the Lower Gulf and the smaller markets.

 

GM’s best-selling models across the Middle East continue to be its full-size SUVs - the Chevrolet Tahoe and Suburban, the GMC Yukon and Yukon XL, and the Cadillac Escalade – with sales up by 38% over the first nine months of 2008.  At the opposite end of the size spectrum, and reinforcing GM’s reputation for offering great value cars, the fuel efficient Chevrolet Aveo and Optra models occupy second and third place in the sales chart.

 

With year-on-year sales up 41% on 2007, the GMC brand continues to go from strength to strength.  Combined sales of the Yukon and Yukon XL are up 37% to 22,535, while the GMC Acadia luxury Crossover SUV, in only its second year on sale in the Middle East, has sold 4,725 units, firmly establishing it among GM’s top ten best-sellers.  The arrival earlier this year of the all-new compact SUV, the GMC Terrain, has stretched the appeal of the brand to a new breed of customers.

 

Combined Cadillac, HUMMER and Saab sales are up 21% over the first nine months of 2007.  Cadillac’s award-winning, all-new CTS luxury sedan and Escalade luxury SUV have strengthened their appeal among premium brand customers, with big year-on-year increases.  A 56% increase in sales of the rugged HUMMER H2 and a 21% rise for the Saab 9-3 are further proof of the all-round appeal of GM’s Premium Brands.

 

Chevrolet has also performed strongly in 2008, with sales up 3% to 71,035 units, around two-thirds of all GM sales in the region.  The best-selling Tahoe and Suburban full-size SUVs recorded combined sales up 42% on last year. Chevrolet’s Aveo, Optra and Caprice models occupy second to fourth place in the GM best-selling list, while a 27% rise in demand for the Epica has helped it to jump into fifth place. 

 

Across the region, GM recorded some outstanding sales increases in Lebanon (+111%), Oman (+43%), the United Arab Emirates (+31%), Iraq (+21%), Kuwait (+18%), Bahrain
(+17
%), Saudi Arabia (+8%) and Syria (+6%). 

 

For more information:

Saada Hammad

Communications and Public Relations Manager

General Motors Middle East  

Tel (+9714) 3143333        

E-mail saada.hammad@gm.com

   

 

About GM

 

General Motors Corp. (NYSE: GM), the world’s largest automaker, has been the annual global industry sales leader for 77 years. Founded in 1908, GM today employs about 266,000 people around the world.  With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries.  In 2007, nearly 9.37 million GM cars and trucks were sold globally under the following brands:  Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall, and Wuling.  GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. 

 

In the Middle East since the 1920s, GM’s vehicle brands sold in the region are Cadillac, Chevrolet, GMC, HUMMER and Saab, supported by a unique set of customer-focused services. GM parts and accessories are sold under the GM Parts and ACDelco brands.  The regional office in Dubai covers the company’s operations in Bahrain, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, UAE and Yemen. In 2007, GM sold 135,894 vehicles in the Middle East.

 

For more media material, please visit GM’s global media website media.gm.com where you link to various country sites including the Middle East media website http://media.gm.com/me/gm/en/ . More information on GM and its products can be found on the company’s consumer websites www.gm.com and www.gmarabia.com.

 

On 16th September 2008, General Motors celebrated its 100th birthday. A series of activities and initiatives have taken place during the year, under the banner of GMnext, to showcase the company’s accomplishments and vision for the future. For more details on GM’s centennial, log on to www.gmnext.com


 





 

Advertise | Articles | Bulletin | Contacts | CyberShow  | Events | Jobs | Home | Projects | Sitemap | Stats

 

Copyright © 2006 Middle East Economic Engineering Forum Tel: +962-79-9408127 All rights reserved.

 

This site is best viewed using Internet Explorer 4 or higher

Website Created: Mar. 7th. 06  - Add MEEF to my Favorites