General Motors (GM) Reports Q1 Worldwide Sales

General Motors (NYSE: GM) sold 2.25 million cars and trucks around the world in Q1 of 2008, according to preliminary sales figures released, with 64% of all sales occurring outside the United States.

GM global first quarter sales were down less than 1%. Q1 sales in GM's Latin America, Africa and Middle East (GMLAAM) and Asia Pacific (GMAP) regions, and improved sales in the GM Europe (GME) region helped offset a 10% decline in GM North America (GMNA). Sales outside GMNA were up 8% compared with last year.

Chevrolet global sales of 1.08 million vehicles were up 3% compared with a year ago, setting a first quarter record. The brand grew by 41% in GMAP, 30% in GME, and 21% in GMLAAM.

Globally, HUMMER recorded 13,000 global vehicle sales with a 24% gain in the GMLAAM region. With the HUMMER H2 and the V8-powered H3 Alpha in North America, and production of the right hand-drive H3 in South Africa, HUMMER products are well-positioned to respond to demanding customers' needs.

Cadillac posted sales increases outside of North America in the first quarter, including a 62% surge in the GMLAAM region and a 15% increase in GME.[SM]

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