General Motors of Canada Limited

General Motors of Canada Limited

February 01, 2007 15:09 ET

General Motors of Canada January Sales Results

(Data is not adjusted for the difference in selling days; January 2006 had 24 selling days vs. 25 selling days for January 2007)

OSHAWA, ONTARIO--(CCNMatthews - Feb. 1, 2007) - For January 2007, General Motors of Canada dealers delivered 22,640 units, off 1.3% versus the same month last year.

"The real story for us in January was solid growth on the retail side of the business" said Marc Comeau, vice president General Motors of Canada vehicle sales service marketing. "GM Canada's retail sales were up 31.4% with trucks sales up 44.3% and cars up 16.9%. As we continue to stay the course with our strategy to focus on the quality and durability of our products and reduce our reliance on daily rental sales, our retail performance is a strong indicator of consumer acceptance for our products, including a significant number of recently launched cars and trucks".

"Saturn sales were up 30% on the strength of our all-new product line-up, including the Aura and Outlook. Our Chevrolet Silverado and GMC Sierra pick ups saw double digit growth, with combined sales up 73.6%. Comeau added, "We had gains in the small car segment, with the Chevrolet Cobalt up 15.3% and Pontiac Vibe up 37.7%, both on the strength of their retail sales performance.

Comeau concluded "I am encouraged by our January numbers and the strength of our recently launched products. The Saturn Aura and Chevrolet Silverado swept Car and Truck of the Year at the North American International Auto Show, beating out a number of import and domestic competitors. The Cadillac CTS was honoured with "Best in Show". GM has also committed to produce more than 12 hybrid versions of our most popular cars and trucks. Look for hybrid versions of the Saturn Aura, Chevrolet Malibu, Chevrolet Tahoe and GMC Yukon to be launched this year.

Sales Highlights for JANUARY 2007

- GM Canada had its best January retail sales month since 2002, up 31.4%

- Saturn had the best January sales in it's history, up 30% overall

- Cadillac sales were up 37.9% overall and saw their best January retail sales month since 1977.

- Saab had another record month, up 23.5% driven by the strength of the 9-5 and 9-7X.

- Combined performance of our recently launched Chevrolet Silverado and GMC Sierra pick ups almost doubled last year's January sales, up 73.6%

- The Canadian-built Chevrolet Equinox and Pontiac Torrent continued to post strong gains, with overall sales up a combined 20.5%.

- Chevrolet Cobalt and Pontiac G5 saw retail sales up 55% and 39%, respectively



2007 2006 % CHG
TOTAL CARS 8,727 11,717 -25.5%
TOTAL TRUCKS 13,913 11,230 +23.9%
COMBINED VEHICLES 22,640 22,947 -1.3%

Headquartered in Oshawa, Ontario, General Motors of Canada employs 19,000 people nationwide. GM of Canada manufactures a variety of vehicles, engines, transmissions and other components, and markets the full range of General Motors vehicles and related services through 765 dealerships and retailers across Canada. Vehicles sold through this network include Chevrolet, Buick, Pontiac, GMC, Saturn, Hummer, Saab and Cadillac.

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