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FINANCIAL NEWS
GM ME’s H1 sales up by 22%
11 Jul 2011
(MENAFN) General Motors Middle East Operations’ president and managing director, John Stadwick, said that in the first half of this year, GM car sales in the Middle East rose 22 percent compared with the same period in 2010 reaching 67,624 units, reported Arabian business.
Stadwick added that in the period, retail sales went up by 54 percent representing 71 percent of total sales. On the other hand, passenger vehicles’ sales grew by 26 percent, whereas combined sales of SUVs and crossovers rose 19 percent and pickups’ sales surged 37 percent.
He also said that the growth in sales for GM’s passenger cars, crossovers, sport utility vehicles and pickups across its three brands Chevrolet, GMC and Cadillac was recorded throughout the region.
It is worth noting that GM’s Middle East car sales grew 27 percent in June on a monthly basis, recording the sixth consecutive month in this year of double-digit sales growth.
More News
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BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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