General Motors Middle East posts 20% increase in 2022 sales

  • Date: 23-Feb-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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General Motors Middle East posts 20% increase in 2022 sales

General Motors Middle East has announced a 20% growth in sales in 2022, when compared to 2021, as it lays the foundation for an all-electric sustainable future framed by its ambidextrous regional business strategy. These strong results were spearheaded by its subsequent brands’ consistent performances across the GCC and Levant.

GM Middle East’s long-term strategy for transforming its operations to a connected, electric and autonomous future is guided by its vision of a future with Zero Crashes, Zero Emissions and Zero Congestion, and founded on optimising current operations to fund and establish the necessary infrastructure for ultimate success.

In 2022, the company leveraged several opportunities and proactively streamlined operations embodied by GM’s vast network of dealer partners, enabling a strong and effective response to demand and helping overcome industry challenges. Fueling growth across GM’s three vehicle brands, with segment beating performance in many key markets.

Record sales

Deep diving into the brands themselves, Chevrolet, GMC, Cadillac outperformed their key segments and registered yearly record sales ranking among the best annual performances of the past decade. Growing GM’s total market share.

Chevrolet in the UAE enjoyed record numbers in 2022, marking the strongest sales since 2017, while Kuwait registered the brand’s strongest performance since 2015. Overall,