Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  General Motors Company    GM

Delayed Quote. Delayed  - 08/30 10:00:20 pm
31.67 USD   -0.44%
08/30 GENERAL MOTORS : October Reveal for Chevrolet Colorado-Based Fuel Ce..
08/30 LASTING SCARS, : Once 'vibrant,' west side in economic distress
08/30 GENERAL MOTORS : October Reveal for Chevrolet Colorado-Based Fuel Ce..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

General Motors Company : Chevrolet October Sales Continues Strong Momentum

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/08/2012 | 12:08pm CEST
Chevrolet October Sales Continues Strong Momentum Thu, Nov 8 2012
  • Retail unit sales in October at 6,707(best October in Chevrolet Thailand history)
  • Total sales increase 252%  compared to same period in 2011  
  • Sonic sales increased 18% over September
  • New dealerships opening in Q4 demonstrates Chevrolet strength in the market

Bangkok, Thailand - Chevrolet continues the strong sales momentum in the fourth quarter, selling 6,707 units in October, bring the total vehicles sold since the beginning of 2012 to 59,652 - representing a 252% increase compared to the same period in 2011.

The new,  sporty, five-door hatchback version of the Sonic began shipping to dealers from the Rayong manufacturing facility at the end of September, boosting sales of Chevrolet's latest model by 18% during the month of October.  The aerodynamic lines, motorbike-inspired design, and better fuel efficiency allows it to compete with the best subcompacts on the market today.  Chevrolet will also begin offering a limited edition Cruze in a special Ivory White color in November.

The Colorado continues to lead Chevrolet sales in the domestic market with 2,829 units sold.   The Captiva sold 663 units while the Trailblazer, sold 788 units nationwide.

Chevrolet also welcomed a new dealership to the Northeast region of Kohn Kaen in October, making KonkaenPijitPhet Motor Car Co, Ltd the 90th Chevrolet dealer in Thailand.  Chevrolet expects to rapidly increase the number of dealerships in Thailand, with plans to have a total of 110 dealers by the end of 2013. 

"Chevrolet continues to experience a strong momentum in domestic sales," said Antonio Zara, Vice President Sales, Marketing and After Sales GM Thailand.  "With the recent launch of the Sonic hatchback; the opening of the new Chevrolet dealership in the Khon Kaen region, and plans to continue expanding our dealer network across the country, Chevrolet's performance and brand strength will continue to grow beyond our expectations."

Chevrolet's market share in the Southeast Asia region has nearly tripled to 2.9% from 1.4% in October 2011. This represents 7,730 cars sold last month in total. Best performers are Indonesia with 411 units including the new Aveo launch; Malaysia with 156 units; the Philippines with 300 units including the Trailblazer launch; and Singapore with 126 units.

###

About Chevrolet Sales (Thailand) Limited

Chevrolet Sales Thailand (Chevrolet) Limited was established on January 1, 2000, as a subsidiary of General Motors, one of the largest automakers in the world. The first vehicle introduced was the Chevrolet Zafira, the first multipurpose vehicle (MPV) launched in the Thai market. Today, Chevrolet has a comprehensive range of vehicles, including the Sonic, Aveo CNG, Cruze, Captiva, Colorado and Trailblazer. Chevrolet is committed to offering the best cars and trucks to its customers in terms of quality, performance and fuel economy. The company is equally committed to ensuring second-to-none aftersales service for its customers, backed by a growing dealer network in Thailand and Southeast Asia.

###

About Chevrolet

Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 140 countries and selling more than 4 million cars and trucks a year.  Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design, and high quality.www.chevrolet.com.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GENERAL MOTORS COMPANY
08/30 GENERAL MOTORS : October Reveal for Chevrolet Colorado-Based Fuel Cell Vehicle; ..
08/30 LASTING SCARS, PART 3 : Once 'vibrant,' west side in economic distress
08/30 GENERAL MOTORS : October Reveal for Chevrolet Colorado-Based Fuel Cell Vehicle
08/30 INVESTORSOBSERVER : releases covered-call reports for 3D Systems, General Motors..
08/30 GENERAL MOTORS : 50th Anniversary 2017 Camaro Car Pool Table Unveiled by General..
08/30 TENNECO : Tax credits could lead to hundreds of new jobs
08/28 GENERAL MOTORS : Organized Labor In State Of Flux
08/27 GENERAL MOTORS : GM recalling about 368,000 vehicles to fix windshield wipers
08/25 JURY : GM car's ignition switch not to blame in fatal crash
08/25DJGENERAL MOTORS : GM Ignition Switch Wasn't to Blame for Fatal Crash, Texas Jury ..
More news
Sector news : Auto & Truck Manufacturers - NEC
02:44a EU crackdown on multinational tax deals
08/30DJWAL MART STORES : Chinese Slowdown Hits U.S. Companies
08/30DJFORD MOTOR : Credit Chief to Retire in October
08/30DJFORD MOTOR : Credit Chief Bernard Silverstone to Retire in October
08/30DJMITSUBISHI MOTORS : Halts Sales of Some Vehicles in Fuel-Economy Scandal
More sector news : Auto & Truck Manufacturers - NEC
News from SeekingAlpha
08/30 General Motors expects 6% dip in August U.S. sales
08/30 GM has its hands in hydrogen too
08/29 S&P 500 Dogs Get Technical As Brokers See WDC For Upside & FTR For Gains In A..
08/29 U.S. traffic deaths jumped 7% last year
08/29 EV Company News For The Month Of August 2016
Advertisement
Financials ($)
Sales 2016 159 148 M
EBIT 2016 12 147 M
Net income 2016 9 138 M
Finance 2016 5 487 M
Yield 2016 4,68%
P/E ratio 2016 5,68
P/E ratio 2017 5,55
EV / Sales 2016 0,28x
EV / Sales 2017 0,27x
Capitalization 49 685 M
More Financials
Chart GENERAL MOTORS COMPANY
Duration : Period :
General Motors Company Technical Analysis Chart | GM | US37045V1008 | 4-Traders
Full-screen chart
Technical analysis trends GENERAL MOTORS CO...
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 36,5 $
Spread / Average Target 15%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Mary Teresa Barra Chairman & Chief Executive Officer
Daniel Ammann President
Charles K. Stevens Chief Financial Officer & Executive Vice President
Randall D. Mott Chief Information Officer & Senior Vice President
Kathryn V. Marinello Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
GENERAL MOTORS COMPANY-6.47%49 685
TOYOTA MOTOR CORP-16.41%200 447
DAIMLER AG-21.08%73 166
VOLKSWAGEN AG-7.14%70 511
BAYERISCHE MOTOREN WER..-20.90%55 717
HONDA MOTOR CO LTD-17.40%55 494
More Results