GM double Serbian market share

General Motors have almost doubled their market share in Serbia, reaching 13.34 percent with 7485 vehicles sold.

Izvor: Beta

Sunday, 03.02.2008.

12:37

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General Motors have almost doubled their market share in Serbia, reaching 13.34 percent with 7485 vehicles sold. According to a statement from the company, General Motors sold 4993 Opels and 2492 Chevrolets in Serbia in 2007. GM double Serbian market share The company stresses that five months after concluding a deal with Zastava in Kragujevac, Opel has become the leading car importer in Serbia, andfor the first time in history, last November, a foreign manufacturer outsold its domestic rivals in monthly sales. In mid-2007, Zastava signed a contract with General Motors for the production of the Astra Classic 2 model, due to start this September, while the government have allowed 8300 models of the vehicle to be imported tax-free over the course of the last year. Opel has gone from selling 1942 vehicles and having a 4.1 percent share of the market in 2006, to almost tripling sales to 4993 vehicles, and increasing their market share to 8.9 percent. In 2007, sales in Chevrolets increased 60 percent, selling 2492 vehicles compared to only 1543 in 2006. Its market share has increased from 3.26 to 4.44 percent. General Motors has been a market leader for 76 years on the international market, employs around 280,000 people, and its models include Buick, Cadillac, Chevrolet, GMC, Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn and Vauxhall, which are sold in 33 countries. Last year, General Motors sold 523,000 vehicles altogether in central and eastern Europe, an increase of 47.4 percent.

GM double Serbian market share

The company stresses that five months after concluding a deal with Zastava in Kragujevac, Opel has become the leading car importer in Serbia, andfor the first time in history, last November, a foreign manufacturer outsold its domestic rivals in monthly sales.

In mid-2007, Zastava signed a contract with General Motors for the production of the Astra Classic 2 model, due to start this September, while the government have allowed 8300 models of the vehicle to be imported tax-free over the course of the last year.

Opel has gone from selling 1942 vehicles and having a 4.1 percent share of the market in 2006, to almost tripling sales to 4993 vehicles, and increasing their market share to 8.9 percent.

In 2007, sales in Chevrolets increased 60 percent, selling 2492 vehicles compared to only 1543 in 2006. Its market share has increased from 3.26 to 4.44 percent.

General Motors has been a market leader for 76 years on the international market, employs around 280,000 people, and its models include Buick, Cadillac, Chevrolet, GMC, Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn and Vauxhall, which are sold in 33 countries.

Last year, General Motors sold 523,000 vehicles altogether in central and eastern Europe, an increase of 47.4 percent.

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