General Motors Performed Well in Latin America, Africa and Middle East in 2006

General Motors may be not doing so well in some parts of the world but it is doing great in some other parts. For example, in 2006, General Motors did very well in Latin America, Africa and Middle East.

Forbes reported:

General Motors Corp said it sold a record number of cars and trucks in its Latin America, Africa and Middle East (LAAM) region last year and raised its market share.

The company said it sold a record 1.04 mln vehicles in the region, a 17.4 pct increase over the year earlier, and raised its market share in the region to 17.0 pct -- it's highest in sixteen years -- on the strength of its global brands, especially Chevrolet, which significantly outpaced industry growth in almost every market in the region.

It was a great year for GM in this region and 2007 may become a good year too.