First Quarter Record at GM - TheStreet

First Quarter Record at GM

The company sells 2.26 million cars and trucks during the period.
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General Motors

(GM) - Get Report

, the world's biggest automaker, sold 2.26 million cars and trucks in the first quarter, a record for the period and a 3% increase from a year ago.

The company said in a statement on its Web site that its global market share is estimated to have slipped to 13% from 13.1% during the same three months in 2006.

GM said it had more than 20% growth in the Asia-Pacific region and 17% growth in Latin America, Africa and the Middle East. Sales rose 6% in Europe.

All told, GM sold 1.36 million vehicles outside the U.S. in the quarter, or about 60% of its worldwide total. Shares of GM were up 7 cents at $31.77 Thursday.