GM logged a 0.5-percent surge in global sales in the second quarter of 2014

Article by Christian A., on July 18, 2014

General Motors Co. logged a 0.5-percent surge in global sales to 2.51 million in the second quarter of 2014, as well as 1.4-percent gain in worldwide deliveries in the first six months of the year to 4.92 million cars and trucks. The carmaker’s higher sales figures in the United States and China helped counter slumps in Europe, South America and other foreign markets.

GM chief executive Mary Barra said in a statement that the carmaker did well in the world's two largest and most profitable vehicle markets, helping it grow despite very challenging market conditions in of South America, Asia and Eastern Europe.

The positive results mean that consumers still believe in GM vehicles despite a number of investigations launched over the carmaker’s alleged slow response to defective ignition switches tied to at least 13 deaths.

GM posted a 6.7-percent surge in sales in the US in the second quarter of 2014, buoying its sales results in North America by 5.6 percent gain. GM has so far recalled nearly 29 million vehicles in North America as a result of intensified review of potential safety issues.

GM was the largest carmaker in the world in 2011 but has dropped to No. 3 in 2013, edged out by Toyota and Volkswagen AG. VW displaced GM as the No. 2 largest carmaker globally in 2013 after selling 9.73 million vehicles, compared to the US carmaker’s 9.71 million units sold in the year.

VW has disclosed that it posted a 5.9-percent rise in global sales in the first half of 2014 to 4.97 million, even outselling GM in China. VW posted an 18-percent jump in sales in China, including Hong Kong, to over 1.8 million vehicles, while GM logged an 11-percent climb to 1.73 million units.

If you liked the article, share on:

Topics: gm, sales

Comments

Recommended

If you see the Aston Martin’s 2018 Vantage, you would think that it is significantly different from most of Aston’s GT lineup. For instance, if the DB11 is a fine...
by - November 24, 2017
Even as Chevrolet is making a huge splash in the industry with the recent launch of the new Corvette ZR1, there may be trouble brewing. Chevrolet has announced huge discounts...
by - November 24, 2017
The 2018 GMC Sierra 2500HD has arrived this week at the snowy mountains in Colorado for its winter long debut. GMC’s tracked Sierra Mountain Concept will be on display at...
by - November 24, 2017
We’re willing to bet that the Bentley Bentayga is not the first thing that comes to mind for most people who are into off-roading and outdoor activities. It just doesn’t...
by - November 23, 2017
The other day, it was confirmed that Volvo will finally bring the XC40 to US soil, where it will first make an appearance at the 2017 Los Angeles Auto Show....
by - November 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries