GM's Impressive Sales Growth in 2021 and Future EV Plans

Record Sales Growth

In 2021, GM celebrated a record-breaking year by achieving an impressive 9.4% sales growth, which includes a remarkable 26% sales growth in SUVs. As a result, GM recorded a net income of $10 billion and an EBIT-adjusted of $14.3 billion. Very impressive indeed.

Main Stars of 2021

The main stars of the show in 2021 were the following models:

• Chevrolet Captiva
• Chevrolet Tahoe
• Cadillac Escalade
• GMC Yukon

Additionally, GM also experienced a 41% year-on-year growth in sales of pickup trucks, thanks to the class-leading:

• GMC Sierra
• Chevrolet Silverado

Future of Electric Vehicles

Now, let’s delve into the exciting world of electric vehicles (EVs). General Motors has announced plans to launch 13 all-new EVs in the Middle East by 2025. The following models will spearhead GM’s EV revolution:

• GMC Hummer EV
• Cadillac LYRIQ
• Chevrolet Bolt EUV

The future looks electric!

Statements from Leadership

Luay Al Shurafa, President and Managing Director of General Motors Africa and the Middle East, stated: “2021 was a landmark year for GM Middle East. The positive sales growth and notable success of our SUV and pickup truck line-up across the Middle East shows the strength of our vehicles and our commitment to our customers. We have listened to what our customers are looking for and delivered. But sales is just one pillar of our business.”

“As we look towards the future, we will translate this success into electric vehicles, too, as we build the best and broadest EV portfolio in the market – truly an EV for every taste and every wallet. We want to build a sustainable future, a better tomorrow for future generations and we need everybody in,” he concluded.