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GM makes inroads into Africa

12 Oct 2007 - by Ed Richardson
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THE AFRICAN market has
started to grow, confirms
Steve Koch, Latin
America, Africa & Middle
East vice president and
managing director of
General Motors South
Africa.
Speaking at the South
African AutomotiveWeek,
Koch said before 2002
GM had experienced a
flat market in Africa. The
market has since started
to improve, by more than
doubling volumes.
Between 2003 and
2006 Kenya showed
growth of 10.4% and
Egypt 88.9%. South
Africa showed the largest
growth of 118.5%.
The company has 27
markets in Africa with
a 13.8% share of the
market.

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FTW - 12 Oct 07

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