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Thursday, May 02, 2002

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GM April sales rise 40 per cent

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GENERAL Motors Ltd, the fully-owned subsidiary of General Motors Corp, on Wednesday said its April sales rose nearly 40 per cent, driven by stronger sales of mid-size sedans.

GM sold 803 cars in April, up 39.17 per cent from 577 cars sold in the same month of last year. March sales, which are driven by purchases to take advantage of depreciation benefits, were a record 1,367 cars.

Sales so far this calendar year (January-April) were 3,618 cars, up 25.1 per cent from 2,892 cars sold in the same four months of 2001.

GM bettered the sales performance due to stronger sales of its mid-size sedan Opel Corsa. In April, the company sold 637 Corsa cars, 115 Astra cars and 51 units of the Opel Swing, the station wagon version of the Corsa.

In April last year, GM had sold 470 Corsa cars and 107 units of the Astra.

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