GM celebrated a record breaking 2021 by registering a very impressive 9.4% sales growth in 2021, which includes 26% sales growth in SUVs. As a result GM recorded a net income of $10 billion and EBIT-adjusted of $14.3 billion. Very impressive indeed.
The main stars of the show in 2021 were the Chevrolet Captiva, Chevrolet Tahoe, Cadillac Escalade and GMC Yukon. And it’s not just SUVs, GM also saw a 41% year-on-year growth in sales of pickup trucks thanks to the class-leading GMC Sierra and Chevrolet Silverado.
That was all the corporate news, now let’s get to the juicy EV bit. General Motors has announced that it will launch 13, yes THIRTEEN, all-new EVs in the Middle East by 2025. The GMC Hummer EV, Cadillac LYRIQ and Chevrolet Bolt EUV will spearhead GM’s EV revolution. The future looks… electric!
Luay Al Shurafa, President and Managing Director, General Motors Africa and Middle East said: “2021 was a landmark year for GM Middle East. The positive sales growth and notable success of our SUV and pick-up truck line-up across the Middle East shows the strength of our vehicles and our commitment to our customers. Through our vehicles, customer service, dealer partners and comprehensive aftersales network, 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.
