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GM sells 173,398 vehicles in China during July
7 August 2011
General Motors and its joint ventures sold 173,398 vehicles in China during the month of July, as Shanghai GM and GM’s Buick, Chevrolet and Cadillac brands all set sales records for the month.
GM’s China sales in July were down 1.8% from the same month last year due to the drop in industry sales of commercial vehicles, which impacted its SAIC-GM-Wuling and FAW-GM joint ventures. However, domestic sales of passenger cars from Shanghai GM rose 14.4% on an annual basis to 91,818 units.
Buick sales were up 15.4% on an annual basis to 50,265 units, led by record July sales of the LaCrosse upper-medium sedan and Excelle XT and GT lower-medium passenger cars. In addition, sales of the GL8 family jumped 45.7% from July 2010, benefiting from the popularity of the new GL8 luxury MPV.
Domestic sales of Chevrolet products rose 17.1% year on year to 46,154 units, receiving a boost from Shanghai GM’s new Aveo small car, Cruze lower-medium sedan and Captiva SUV, and SAIC-GM-Wuling’s Le Chi mini-car.
Cadillac had another strong month in China, with sales rising 76.1% on an annual basis to 2,365 units. The SRX luxury SUV remained its best-selling model, accounting for about two-thirds of Cadillac sales in July.
SAIC-GM-Wuling’s July sales in China were 77,944 units, compared to 90,658 units in July 2010. However, the joint venture continued to lead China’s mini-commercial vehicle segment. FAW-GM’s domestic sales were 3,353 units, compared to 5,560 units during the same month last year.
For the first seven months as a whole, GM and its joint ventures sold a record 1,446,901 vehicles in China, which was up 4.4% from the same period last year.
GM has 11 joint ventures, two wholly owned foreign enterprises and more than 35,000 employees in China.
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