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A massive list of recalls didn’t prevent General Motors from posting its best Q3 results since 1980.
The first day of a new month means that the sales number start to roll in, but that’s not the case at GM today.
Most automakers are celebrating a successful October, save for Volkswagen, one of the few who posted a loss last month.
Toyota might not have announced its final tally for 2011 sales, but it’s safe to assume that GM will take the crown and remain the world’s largest automaker after reporting 9.03-million in global sales for 2011.
Last month, Toyota estimated that its 2011 annual sales would be around 7.9-million vehicles, which would make it third behind Volkswagen‘s 8.16-million global sales total.
GM’s impressive number of 9.03-million is a 7.6-percent increase from its 8.39-million figure from 2010. GM announced that it sold 2,503,820 vehicles in America and China saw 2,547,203 vehicles sold. But the announcement isn’t without controversy as GM includes the sales of its joint Chinese venture partners which is generally not a practice other manufacturers follow. For GM’s figures, they included 1,285,820 vehicles sold by SAIC-GM-Wuling, which the American auto giant does not have a controlling interest in.
Chevrolet has a lot to celebrate after an impressive 2011, having moved 4.76-million vehicles around the world, setting a global sales record. The US was Chevy’s largest market for 2011 with 1,775,812 vehicles sold, a rise of 13-percent from their 2010 figures.
In China, Chevy was able to sell 595,068 vehicles which marks a 9.5-percent increase from its previous year’s total. Other markets worldwide also posted significant growth with Vietnam experiencing a 79-percent increase, Russia with a 49-percent increase, Turkey with 30-percent and Germany with 21-percent.
Much of Chevy’s worldwide success can be attributed to its new Cruze, Sonic and Spark compacts. Popular crossovers and trucks worldwide include the Orlando and Colorado – both of which were designed for varied driving conditions and customer preferences all over the world.
The Cruze was Chevy’s best selling model for 2011, selling 670,000 worldwide. Since its introduction in 2009, the Cruze has sold more than 1.13-million.
“Without doubt the new Chevrolet portfolio has been a catalyst for our success around the world,” said Tim Lee, president of GM International Operations. “The launch of the Chevrolet brand in South Korea along with tremendous growth in China and across the rest of our international operations is proof that Chevrolet is becoming a first choice for customers around the globe.”
Chevrolet will continue to expand globally as currently more than 60-percent of its sales are outside the US market. Chevy looks forward to growing in other markets including Brazil, Mexico, Argentina, Uzbekistan, India and Columbia.
Despite the recent supply shortage that plagued its Cruze production, Chevrolet‘s performance for 2011 set an all-time high sales record for the one hundred year old American automaker. Having sold 4.8 million vehicles worldwide this year through the month of November, December is projected to perform just as well. Overall, Chevrolet gained an additional half a percent of global market share this year. With a diversified market, Chevrolet has been well received in markets like China, Vietnam, Europe, South Korea, and South America.
What’s more, it’s new B-segment subcompact Chevrolet Sonic hatchback is selling extremely well and dealers of North America only average a 17-day supply. In the United States, Chevrolet is right behind Ford in total consumer market share.