Things Have Never Been So Good for GM Brazil

Brazilian ChevroletPlummeting automobile sales may by a worldwide concern, but not for
General Motors Brazil (GM), which posted a monthly record-high sales
figure in the Brazilian domestic market in June. The company sold
58,647 vehicles under the Chevrolet brand during the month, thus
exceeding by 3,018 units its previous record, attained in July 2008.

In June, there was growth of 22.5% over May, according to information supplied by the press office at GM Brazil. Performance in June was the best in the company's 84 years in the Brazilian market. In comparison with June last year, sales rose by 12.5%.

According to the president of GM for Brazil and the Mercosur, Jaime Ardila, the figure is a reason for pride, and goes to show that Brazilian consumers trust the future of the company in Brazil.

"To those faithful consumers, GM is a Brazilian company that offers the most complete line of vehicles in the market, and has the best dealership chain in the country, which is the Chevrolet chain," he said.

GM owns three industrial complexes in Brazil, in the municipalities of São Caetano do Sul and São José dos Campos, in the state of São Paulo, and in Gravataí­, in the state of Rio Grande do Sul.

There are other units in Mogi das Cruzes, Sorocaba and Indaiatuba, in São Paulo, and a technological center for engineering and design in São Caetano do Sul. The Brazilian subsidiary is one of five global centers for vehicle design and development.

Last year, GM Brazil achieved its annual sales record, with 548,941 vehicles sold and leadership positions recorded by the Chevrolet brand in four different segments.

GM Brazil is the second largest operation outside of the United States, second only to the company's unit in China.

Tags:

You May Also Like

Lower Interest Expectation Warms Up Brazilian Stocks

Latin American markets were mixed to higher, with Brazilian stocks gaining on expectations of ...

Brazil, So Big, Yet So Provincial

Can anyone fathom the US Congress or the White House brought to a halt, ...

Brazil and Barbados Sign Technical and Cultural Agreements

Brazil’s Minister of Foreign Relations signs today, in Barbados, an agreement for cultural cooperation. ...

Production Costs Bring Brazil’s Petrobras Profits Down by 36%

Brazilian state-controlled oil company Petrobras informed that fourth-quarter profit fell 36%, hit by higher ...

Brazil’s Vice-President Undergoes Angioplasty. All Is Well.

Brazil’s Vice-President of the Republic and Minister of Defense, José Alencar, underwent a heart stint ...

Best-seller Books, Plays and Movies

The 1988 Brazilian constitution recognizes the right to a public and free education of ...

Brazilian President Is Favorite of Voters, But She Could Lose in a Runoff

The first poll conducted after the death of presidential candidate Eduardo Campos (PSB) shows ...

Brazil Vows to Fight World’s Currency War Buying Excess Dollar in the Market

Guido Mantega, Brazil’s Finance Minister claims that an “international currency war” has broken out ...

Brazil: How Bolsa-Escola Made a Difference in Selma’s Life

On an unwalled lot enclosed by barbed wire, Selma Ferreira Rodrigues’s shack sheltered her ...

Oil Prices Scare Brazilian Investors

Brazilian and Latin American markets declined alongside considerable weakness in U.S. markets. Crude oil ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`