| For the first time
since it began doing business in Asia Pacific in 1915, General Motors
has achieved 1 million sales in a single calendar year.
“GM has made the Asia Pacific region a corporate priority,”
said Troy Clarke, GM Group VP and president of GM Asia Pacific. “With
Asia Pacific expected to account for well over 50 percent of global sales
growth over the next 10 years, we believe being a major competitor in
this region is critical to the overall success of our company.
“Selling 1 million vehicles is a significant achievement and a testament
to the hard work of thousands of GM employees around the world,”
Clarke added. “It’s all the more impressive when you consider
that five years ago GM sold fewer than 250,000 vehicles in the region.”
GM products are currently sold in more than 15 countries across the region
under the Buick, Cadillac, Chevrolet, Daewoo, Holden, Opel, Saab and Wuling
brands. In 2004, GM sold 887,000 vehicles, taking its market share in
Asia Pacific to 5.2 per cent. In the first 11 months of 2005, GM’s
sales in Asia Pacific rose 19 percent on an annual basis to 953,278 units,
giving it an estimated market share of 5.8 per cent.
“Despite our success in the region, no one at GM is declaring victory,”
Clarke said. “This is just the beginning. GM has set ambitious targets
for Asia Pacific and huge challenges lie ahead. By introducing new products
in a wide range of segments and by meeting consumer demand for high-quality,
high-performing cars and trucks, GM will continue to meet and exceed its
goals in the region.”
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