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GM hits all-time record

Mon, 21 Apr 2008
GM Europe's first quarter results for 2008 have reached an all-time high.

Volume reached 572,137 vehicles for Q1, an increase of 18,111 units in comparison to last year's results.

Chevrolet Europe saw a sales increase of 30 per cent and the company registered a record market share of 2.2 per cent.

The company GM Russia also saw a record sales increase of 78 per cent over Q1 of 2008.

Jonathon Browning, GM Europe vice-president for sales, marketing and aftersales, said: "The Chevrolet brand's strong growth continued in the first quarter of 2008. As the new Aveo, Chevrolet's European best-seller is just being launched in many markets, we are confident to see this trend continue throughout the year."

In related news, GM is planning to unveil the first gas-electric hybrid car in China in July. The design was created in part by GM's Shanghai design centre as competition for Toyota's Prius that was released in 2006.ADNFCR-1081-ID-18560955-ADNFCR

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