In-House News

GM Delivers 8.39 Million Vehicles Globally in 2010 Published on: 3rd February 2011

DETROIT – General Motors reported today that it delivered 8,389,769 vehicles globally in calendar year 2010, a 12.2 percent increase from 2009 deliveries of 7,477,178.

GM achieved double-digit increases in five of its top 10 markets, including a 28.8 percent increase in China, where GM and its partners were the first to top the 2 million sales mark in a single year, and an increase of 41.3 percent in Uzbekistan, which is now GM’s tenth-largest market by volume.

Deliveries in the United States, GM’s No. 2 market, rose 6.3 percent despite the phase-out or sale of four brands, while Brazil, GM’s third-largest market, saw deliveries rise by 10.4 percent.

About General Motors General Motors Company (NYSE: GM, TSX: GMM), one of the world’s largest automakers, traces its roots back to 1908.  With its global headquarters in Detroit, GM employs 209,000 people in every major region of the world and does business in more than 120 countries.  GM and its strategic partners produce cars and trucks in 31 countries, and sell and service these vehicles through the following brands:  Baojun, Buick, Cadillac, Chevrolet, GMC, Daewoo, Holden, Isuzu, Jiefang, Opel, Vauxhall, and Wuling.  GM’s largest national market is China, followed by the United States, Brazil, the United Kingdom, Germany, Canada, Italy, Russia, Mexico and Uzbekistan.

Mira Motor Sales Limited is the official partner of GM in Malta and is duly authorized to import, distribute, market and sell the GM’s Chevrolet range of passenger vehicles. The company is also currently in discussions with GM to secure the official representation for the manufacturer’s North American vehicles

Launch of RO-RO/Pax Ferry Service in the M.E…. Published on: 3rd February 2011

The Group formed a strategic partnership with Fergun Shipping of Cyprus and set up a new company registered in offshore Dubai to purchase the RO-RO/Passenger vessel “AZZURRA”. The vessel offers accommodation for up to 700 persons and can take up to 170 passenger vehicles, or 56 buses or 25 trailers.  The vessel is being operated on a recently launched (December 2010) new RO-RO/passenger ferry service set up between the port of Mersin in Turkey and the port of Tripoli, Lebanon. The ferry service is currently being operated on a twice weekly basis but it is expected that the frequency of this service will be increased in the coming months.

Recent developments Published on: 27th January 2011

Two new related companies have been incorporated during the last quarter of 2010.

  • Zejt Marine Services Limited (ZMSL) is a shipping company registered in Malta in terms of the Malta Merchant Shipping Regulations 2004, Legal Notice 223, and
  • BZ Marine Limited (BZML) is a company incorporated in the UK under in terms of the UK Companies Act 2006.

Both companies are already actively involved in the Offshore Oil Industry.

ZMSL has acquired the AHTS ‘ASSO DODICI’, an Anchor Handling Tug/Supply Vessel with a number of years remaining on long-term charter with an oil company operating offshore Tunisia.

BZML is the company managing the logistical and administrative aspects of the charter arrangements of the AHTS ‘ASSO DODICI’.

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