Companies
GM Outperforms Major Markets
August 2009 | Company News AlertDespite declining industry sales in a number of markets, General Motors (GM) has maintained its overall market share in the Middle East in H109, outperforming the industry in some states to increase its share. Significant performances were reported in the UAE and Kuwait, which are the company's second and third-largest markets in the region respectively. While GM estimates that sales fell by 49% in the UAE, company sales were down by 44%, meaning that GM outperformed the industry by 5%. In Kuwait, industry sales were down by 12% according to GM estimates, while the company's sales rose
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