Saudi Ministry of Education to showcase innovations at 2025 Geneva International Exhibition    7,523 violators of residency, labor, and border security laws deported in a week    Video contradicts Israeli army account of deadly March 23 strike on Gaza paramedics    Saudi Arabia spends over $241 million to implement de-mining projects in 3 countries    Italy's Meloni government approves controversial security decree expanding police protections and penalties    Egypt submits new Gaza ceasefire and prisoner exchange proposal: Report    'Everything is possible' — Ronaldo focused on titles, not 1,000-goal milestone after Riyadh Derby win    Saudi, US military leaders discuss enhanced defense cooperation in Riyadh    King Salman Global Academy for Arabic Language launches program with Indiana University    Ronaldo brace powers Al Nassr past Al Hilal in Riyadh derby thriller    Ed Sheeran weaves Persian music into new song, Azizam    Al-Jadaan: Crown Prince's directives confirm government's ability to bring back balance to real estate market    Veteran Bollywood actor Manoj Kumar dies at 87    Foreign investors are allowed to engage in real estate business outside Makkah and Madinah Commercial speculation should not be the purpose of real estate transaction    Aubameyang fires Al Qadsiah into King's Cup final with stoppage-time winner over Al Raed    Musk's X is suing India, as Tesla and Starlink plan entry    Tesla sales plunge after backlash against Elon Musk    Danilo Pereira fires Al Ittihad into King's Cup final with dramatic stoppage-time double    Screen time in bed linked to insomnia, study finds    Mexico bans junk food in schools to fight childhood obesity epidemic    Sweet sales surge ahead of Eid as Saudi chocolate imports top 123 million kg in 2024    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



GM outperforms industry in key Middle East markets
Published in The Saudi Gazette on 08 - 08 - 2009

General Motors (GM) maintained its overall Middle East market share for the first half of 2009, but increased its share in key markets. This was due to a raft of new product launches, aggressive tactical marketing campaigns and exceptional dealer performance in certain countries.
During the same time, GM's market share grew in the UAE, Kuwait, Qatar and Jordan. The UAE and Kuwait are second and third in market size after Saudi Arabia. In the UAE, GM estimates that the total automobile market dropped about 49% from January to the end of June. GM sales fell about 44% during the same period, therefore outperforming the UAE market by 5%.
In Kuwait, GM estimates that the total automobile market dropped about 12% from January to the end of June. GM sales increased by about 9% during the same period, therefore outperforming the market in Kuwait by 21%.
In Qatar, GM estimates that the total automobile market dropped about 38% from January to the end of June, while GM sales decreased by about 23% during the same period. GM therefore outperformed the market in Qatar by 15%.
However, the most significant gain in market share was in Jordan, where GM estimates that the total automobile market dropped about 13% from January to the end of June. GM sales increased by about 23% during the same period, therefore outperforming the market in Jordan by 36 percent. This performance was in spite of challenges including the global financial crisis, low consumer confidence in the region, tightened lending and news surrounding the GM restructuring in the United States. This market share gain was attributable in part to creative marketing campaigns to increase showroom footfall and create awareness of regional dealer offers, which included ‘No More Barriers', ‘Click and Win', and ‘Transform your Ride'.
However, these results were only possible with a range of quality products. Thirteen GM models ranked in the top three of their segment in new vehicle quality, according to the benchmark J.D. Powers and Associates 2009 US Initial Quality Study.
The best-selling vehicles across the General Motors line up for the first half of the year included the Chevrolet Aveo, Spark and Tahoe along with the GMC Yukon, Cadillac CTS and Escalade and the Hummer H3.
Mike Devereux, president of General Motors Middle East, said: “We are delighted to have outperformed the market in what has proved to be a very challenging year for everyone so far. Our increase in market share is testament to the quality vehicles we have in the market and the fantastic efforts our esteemed dealers made in providing our customers with attractive offers and excellent customer service.”


Clic here to read the story from its source.