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GM global sales rise in second quarter

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AFP PTI Washington

General Motors (GM) said today its global sales rose 20 per cent in a quarter-over-quarter basis to 1.94 million vehicles in the three months to June 30, led by growth in Asia.

The leading US automaker, which emerged from bankruptcy this month under a government-backed plan, said the second-quarter sales figure was down 15 per cent from the same period a year ago.

GM sales outside the United States grew to 72 per cent of total sales from 65 per cent a year ago.

"We are moving quickly to respond to new market opportunities around the globe and meeting customer needs with fuel-efficient products that offer advanced technology, compelling designs and great value," said Jonathan Browning, vice-president for global sales, service and marketing, General Motors.

 

GM said its Asia Pacific regional sales were up 38 per cent compared with a year ago, including the Wuling brand, a joint venture of GM and Shanghai Automotive Industry Corporation.

GM's North American sales fell 32 per cent compared with a year ago in the quarter but US sales rose 31 per cent from the first quarter.

Sales were off 20.1 per cent in Europe from a year ago and 20.8 per cent in Latin America.

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First Published: Jul 22 2009 | 9:41 PM IST

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