GM Latin America, Africa and Middle East Quarterly Sales up 20%

GM Latin America, Africa and Middle East Quarterly Sales up 20%

Record 323,400 units in Q1 2008
Sales up 19.6% or 52,900 units from Q1 2007
Q1 2008 market share improves 1.2 points to 17.9%

Miramar, FL - General Motors Latin America, Africa and Middle East (GM LAAM) region
posted an all-time Q1 record in 2008, selling 323,400 vehicles, up 52,900 units over the same quarterly period in 2007. GM’s volume increase of 19.6 percent for the quarter outpaced the 11.7 percent industry growth rate for the region. In addition, LAAM’s market share increased to 17.9 percent for the quarter, up 1.2 share points year-over-year.
In achieving the Q1 record sales level, GM LAAM sold an all-time March monthly high of 111,300 units. This equates to a 7.2 percent improvement year-over-year.

This is good for GM. Americans seem to prefer non American cars though. It will be a good economic strategy if America would significantly improve its political image globally because its products (cars) seem to enjoy huge appeal to the international consumers. Allot of people in the Middle East like American cars but many probably wont buy them because they probably don't want to support the economy of a nation that seem to be oppressive towards them.