General Motors sells 2.4 million vehicles globally in Q1 2015

American car maker General Motors sold 2.4 million vehicles during the first quarter of 2015, recording a 2% rise in sales over the same time last

By Rachit Thukral | on April 25, 2015 Follow us on Autox Google News

American car maker General Motors sold 2.4 million vehicles during the first quarter of 2015, recording a 2% rise in sales over the same time last year.

Unsurprisingly, China led the sales growth with sales in world’s most populated country up by 9%. Sales in General Motor’s home market, North America, increased by 6%.

"The momentum our brands are building in China, the U.S. and Western Europe more than offset difficult conditions in some other large markets like Russia and Brazil," said GM CEO Mary Barra.

"We are in the early days of a very aggressive onslaught of new products and customer-driven innovation," she said. "Already, the Chevrolet Trax and Colorado are redefining segments in the United States, Cadillac is growing rapidly in China and establishing a new formula for prestige sedans with the CT6 and Opel's revitalization is accelerating across Europe. At the same time, we are deploying OnStar with 4G LTE in North America, Europe and China to give our customers the best connectivity experience in the industry."

While the company’s revenue fell marginally to $35.7 billion, earnings before interest and tax(EBIT) rose to $2.1 billion, compared to $500 million in Q1 2014.

Tags: General Motors

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