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US: GM says Q3 sales best since 1980

By Graeme Roberts | 15 October 2014

General Motors sold 2,449,595 vehicles around the world in the third quarter of 2014, up 2% year on year but the company’s best third quarter since 1980. In the first nine months, sales were also up 2% to 7,371,743 units.

Third quarter sales in the United States and China, the company’s two largest markets, were up 8% and 14%, respectively. Year to date, sales in the United States and China were up 4% and 12%, respectively.

Volkswagen group said earlier it had sold 7.4m vehicles in the first nine months, an increase of 5.3%. Results did not include the company's MAN and Scania truck brands.

GM said it was on track to pass sales of 3m vehicles in China for the second consecutive year and also expects to top last year’s record sales of 3.16m. During September, cumulative sales in China surpassed 20m vehicles.

"GM delivered its best third quarter global sales in 34 years thanks to solid growth in the United States and China, and steady improvement in Opel’s market share," said GM CEO Mary Barra.

"We have launches now underway, including the Chevrolet Colorado and GMC Canyon in North America, the Opel/Vauxhall Corsa in Europe, and the Buick Envision and Cadillac ATS-L in China, that will keep our momentum going."