GM ME's Sales Highest In Oman
News: US automaker General Motors Company's (GM) subsidiary General Motors Middle East(GMME) has announced that Oman has posted the highest growth rate in sales of its brands, compared with the rest of the Gulf Cooperation Council (GCC) region in 8M12, reports Muscat Daily. The rise in sales has been attributed to the growth in Oman's economy and increase in government spending on infrastructure and new jobs. GMME's sales grew by 27% in Oman during January-August 2012, compared with average 11% growth in the GCC region, GMME president and managing director John Stadwick said. The Trailblazer has become the fastest selling mid-sized sports utility vehicle in the Middle East after being launched in 2002, Stadwick said.
BMI View: GM's total sales in the Middle East in 2011 were 13% higher y-o-y. GM Middle East's president and managing director John Stadwick believes that 2012 will be another strong year for GM sales in the region, based on the company's focus on customer service, new models and investment in dealer facilities. Stadwick added that the Middle East 'is set to become one of the world's fastest growing automotive markets'.