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GM sells October record 282,446 vehicles in China

5 November 2013

General Motors and its joint ventures sold 282,446 vehicles in China last month, setting a new October record. Sales were up 12.2% on an annual basis, as domestic sales by GM’s Shanghai GM and SAIC-GM-Wuling manufacturing joint ventures as well as its major brands reached new highs for the month.

Shanghai GM sold 132,954 vehicles in China during October, a year-on-year increase of 13.0%. SAIC-GM-Wuling’s domestic sales rose 10.7% to 143,693 units. FAW-GM sold 5,407 vehicles in the domestic market, a jump of 27.0%.

Buick sold 69,746 vehicles in China during October, an increase of 15.3% on an annual basis. The brand was led by the original Excelle family, which sold 23,463 vehicles, and the Excelle XT and GT, which had sales of 16,987 units. Demand for both was up slightly from the previous October.

Chevrolet sales in China totaled 59,006 units last month, an increase of 8.0% year on year. Its best-selling model was the Cruze, with demand rising 27.0% to 26,273 units. Sales of the Sail family (16,843 units) and Malibu (8,814 units) remained strong as well.

Cadillac sales in China increased 68.7% on an annual basis in October to 4,202 units. The XTS, its best-selling model, had all-time monthly sales of 2,292 units.

Wuling sales in China during October were 135,687 units, a year-on-year increase of 14.2%. It was led by the Hong Guang family, which had sales of 55,150 units, an increase of 61.2% from last October. Baojun sales were down 27.0% from last October to 8,006 units.

During the first 10 months of 2013 as a whole, sales by GM and its joint ventures in China increased 11.2% on an annual basis to a record 2,594,864 units.

Domestic sales by Shanghai GM were up 14.7% year on year to 1,244,083 units, sales by SAIC-GM-Wuling were up 8.4% to 1,300,471 units and sales by FAW-GM were up 2.1% to 46,470 units. In addition, Buick sales rose 17.3% year on year to 676,076 units, Chevrolet sales were up 4.2% to 531,567 units, Cadillac sales increased 53.0% to 36,440 units, Wuling sales were up 10.3% to 1,223,278 units and Baojun sales grew 18.5% to 77,193 units.

November 5, 2013 in Brief | Permalink | Comments (2) | TrackBack (0)

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Comments

It was difficult to understand how competitive GM market share falls elsewhere http://www.forbes.com/sites/michelinemaynard/2012/04/10/as-market-takes-off-gms-share-hits-a-90-year-low/ , except in China.

Then it was mentioned that Japan occupied/massacred in Chinese for a dozen years before/during WWII.

The article you cite is 19 months old. Since then GM has returned to being the #1 automaker in the world, highly profitable, and with double-digit growth in almost all their brands in many countries. Growth in South America is even stronger than in China.

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