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Chevrolet grows sales and share in 14 European markets in the first three quarters

2010-10-08

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Zurich. Chevrolet Europe sold 351,308* cars from January to September, an increase of 31,847 cars, or 10.0 percent, compared to the year earlier period (2009: 319,461 cars). Chevrolet's European market share was up by 0.24 point at 2.5 percent, based on share gains in 14 European countries. In Q3, Chevrolet sold 117,961 cars, representing a share of 2.7 percent. In September, Chevrolet sold 44,539 cars, for a share of 2.6 of the European market and an increase of 20 percent compared to 2009.

"Chevrolet’s Q3 sales are 14 percent up on the year-earlier period, a clear sign that our new line-up of great-looking mini, small and compact cars is making an impact," said Wayne Brannon, head of Chevrolet's European operations. "In 2011, we will be launching seven new models and expanding our portfolio to cover new market segments," Brannon added.

Chevrolet enjoyed particularly strong sales growth in Uzbekistan, Spain, Denmark, Turkey, Netherlands, Portugal, Belgium, Switzerland, Austria and Sweden. All of these ten markets registered triple- or double-digit sales growth. (See table on page 2)

In Russia, where the market is slowly recovering, Chevrolet held its position as the number one non-domestic brand, with a market share of 6 percent for the first nine months. In Q3, Chevrolet sales in Russia improved 30 percent compared to the year earlier period.

With the new Chevrolet Spark city car, Chevrolet increased its share of the mini segment from 5.9 to 7.4 percent in Europe and became the 4th best-selling brand in this segment in Europe, with sales of 94,144 cars.

Within the compact car notch-back segment, the Chevrolet Cruze, which was AUTOBEST Car of the Year 2010 and has a 5-star EuroNCAP safety rating, continues to be the market leader in many countries, with segment shares of up to 35%, for example in Spain, where 5,420 Cruze were sold from January-September this year.

Chevrolet Sales History 2004-2010

* Total Europe Industry -0.5% 2010 vs 2009 (YTD)

About Chevrolet

Chevrolet is General Motors' largest global brand with annual sales of about 3.5 million vehicles in more than 130 countries. It is the fourth biggest global car brand in terms of sales and also one of the fastest growing brands in the world. Chevrolet Europe delivers attractive, distinctive design, practical, economical cars and outstanding value for money. After re-launching the brand in Europe in 2005, Chevrolet more than doubled its sales to over 500,000 in 2008. In 2009, Chevrolet held its market share in Europe at 2.3 percent, selling 426,000 cars. Chevrolet has a network of 2,900 dealers and service points in Europe. The Chevrolet line-up includes the all-new Spark city car, the small Aveo, compact Cruze sedan, Captiva SUV, mid-size Epica and the legendary Corvette sports car. In 2011, Chevrolet will launch the Orlando, an all-new family van, the Camaro coupe and convertible, the new Aveo and the Cruze hatchback as well as re-launching the Captiva SUV with four new engines. Chevrolet's biggest markets in Europe are Russia, Italy, Germany, France, Spain and the U.K. Established in the U.S. by Swiss émigré Louis Chevrolet in 1911, the brand is preparing to celebrate its centenary with the launch of the ground-breaking Chevrolet Volt extended-range electric vehicle. More information on Chevrolet can be found at http://www.chevroleteurope.com or http://media.chevroleteurope.com.