OREANDA-NEWS. General Motors Co. (NYSE: GM) global sales totaled 9.8 million vehicles in 2015, up 0.2 percent for the company’s third consecutive year of record sales.

“GM continued to grow in 2015 as our focus on the customer and successful new vehicle launches more than offset the challenging conditions in South America and the curtailment of our presence in certain markets such as Russia,” said GM President Dan Ammann.

Deliveries in North America rose 6 percent in 2015 to 3.6 million cars, trucks and crossovers.  In the U.S., GM grew its retail sales, which are sales to individual customers, faster than any other automaker.

In China, General Motors and its joint ventures delivered a record 3.6 million vehicles, up 5 percent compared to 2014. Their lineup expanded through the introduction of 12 new and refreshed models. SUV deliveries were up 144 percent, led by new models such as the Buick Envision and Baojun 560.

In 2015, General Motors’ cars, trucks and crossovers were leading automotive sales in China and its North American and South American regions.

GM has several major product launches underway around the world, including the new Opel Astra with more than 80,000 orders across European markets and the new Chevrolet Malibu in North America, which began arriving in showrooms at the end of last year.

Global Sales Highlights (vs. 2014)

  • Chevrolet grew retail market share in the U.S. faster than any full-line automotive brand, with total sales up 5 percent to more than 2.1 million cars, trucks and crossovers. Chevrolet sales in Canada increased 3 percent while sales in Mexico went up 18 percent. Combined sales for the brand in North America were up 6 percent.
  • Buick set a global sales record for the third consecutive year, driven by record sales in China and record crossover deliveries in the United States. Total sales surpassed 1.2 million vehicles.
  • Cadillac grew globally by 8 percent, driven by record sales in China and the strong growth in SRX and Escalade deliveries in the U.S.
  • GMC continued to grow and achieved its 6th consecutive year of sales gains. Based on new and significantly refreshed products, deliveries grew 11 percent to 680,000 vehicles.
  • Opel/Vauxhall achieved its best sales result in four years delivering more than 1.1 million vehicles despite its strategic departure from the Russian market. Share of the total European vehicle market increased for the third year in a row to nearly 6 percent.
  • In the U.S., GM’s total sales were up 5 percent supported by the momentum of vehicles like the Chevrolet Silverado and Colorado, the GMC Sierra and record crossover deliveries. Retail deliveries increased 8 percent.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. 

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Forward-Looking Statements                   

In this press release, and in related comments by management, our use of the words “plans,” “anticipated,” “goals,” “expect,” “anticipate,” “possible,” “target,” “believe,” “commit,” “intend” “continue,” “may,” “would,” “could,” “should,” “project,” “appears,” “potential,” “projected,” “on track,” “upside,” “positioned,” “outlook” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors may include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls and the cost and effect on our reputation of product recalls; our ability to maintain adequate financing sources, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; overall strength and stability of our markets, particularly outside of North America and China; costs and risks associated with litigation and government investigations including those related to our various recalls and risks, consequences and costs associated with failure to comply with the deferred prosecution agreement; our ability to remain competitive and our ability to continue to attract new customers, particularly for our new products. GM’s most recent reports on Form 10-K and Form 10-Q provide information about these and other factors, which we may revise or supplement in future reports to the Securities and Exchange Commission.