GM global sales jumped almost 4% in first half of 2013

Article by Anita Panait, on July 18, 2013

General Motors Co. posted a nearly 4-percent jump in global sales in the first six months of 2013 to over 4.85 million cars and light trucks, boosted by strong demand in the United States and China that offset weak sales in Europe. GM saw demand increase by at least 7 percent in two of its largest markets – North America and International Operations, which includes China. GM’s 4.85 million sales in the first half of 2013 allowed it to keep its lead over German carmaker Volkswagen AG, which sold 4.7 million units in the period, in the contest to become the best-selling carmaker in the world for this year.

Toyota Motor Corp., which was the best-selling carmaker in the world in 2012, has yet to publish its global sales results for the first six months of 2013. Toyota regained its crown as the best-selling carmaker in the world in 2012 from GM after selling 9.75 million vehicles globally. GM and VW sold 9.28 million and 9.07 million vehicles in 2012, respectively.

Toyota held the crown from 2008 to 2010, but failed to defend it in 2011due negative publicity brought by the U.S. recall crisis as well as inventory problems caused by an earthquake in Japan and floods in Thailand.

GM’s Chevrolet brand posted a 1.4-percent increase in global sales in the first half of 2013 to 2,479,124 units. Chevrolet managed to log sales jump in three of its largest markets: the US (5.6 percent to over 1 million), China (6.1 percent to 322,000) and Brazil (5.1 percent to 305,000).

Topics: gm, sales

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