Chevrolet sells 1.1 million cars globally in Q1 2011

Posted on Apr 28, 2011 by
2011 Chevrolet Cruze

global sales in first three months of 2011 grew by 117% over the same period last year

sold 1.1 million vehicles worldwide in the first three months of 2011, a 15 percent increase over the first quarter of 2010 and the brand’s best first-quarter results ever.

Rejoicing the achievement, , GM Global Chief Marketing Officer said, “this is a great way to kick off Chevrolet’s Centennial year.”

Last year, Chevrolet was the only top-five global vehicle brand to grow total market share – accounting for about 5.8 percent of all vehicles sold worldwide.  That strong momentum continued in the first three months of 2011, as Chevrolet recorded double-digit sales gains over the same period last year in four of its five top markets, including:

  • United States, where Chevrolet sold 416,505 vehicles for the quarter, an increase of 23 percent.
  • In China, Chevrolet sold a record 159,303 vehicles for the quarter, an increase of 17 percent.
  • In Brazil, Chevrolet sold 142,734 vehicles for the quarter, a decrease of 9 percent from the first quarter of 2010.
  • In Argentina, Chevrolet sold 34,103 vehicles, an increase of 21 percent for the first quarter.

In the Middle East, Chevrolet sold 21,596 vehicles across the region with sales up 28% in the first quarter of 2011 compared to the previous year.

In Europe, Chevrolet sold 112,482 vehicles, an increase of 7 percent for the year. With the introduction of Chevrolet nameplate in the Korean market replacing GM Daewoo as GM’s main brand, the sales climbed 60% from the previous month. Korea is expected to bring in additional sales volume in the coming months.

Chevrolet’s Cruze, with a sales growth of 117% over Q1 2010 emerged as a clear leader amongst the brand’s vehicle range. Chevrolet sold 150,652 Cruze sedans during the first quarter of 2011.

Cruze sales are expected to continue to grow with the addition of the Cruze hatchback, which will go on sale this summer in Europe, followed by other markets around the world. The Cruze hatchback is expected to go on sale in the Middle East this fall.

The Cruze will soon be joined by the new Sonic small car – which will be introduced in the Middle East in the fall of 2011.

Post Review

Your email address will not be published. Required fields are marked *