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GM sets new monthly sales record in China

11 February 2014

In January, General Motors and its joint ventures set a new monthly sales record in China with sales of 348,061 units, an increase of 12.0% from January 2013, the previous record month.

Domestic sales by Shanghai GM and SAIC-GM-Wuling and their Buick and Wuling brands all reached all-time highs as well in January.

Shanghai GM sold 171,856 vehicles in China, an increase of 11.4% year on year. SAIC-GM-Wuling sold 172,852 vehicles, as domestic demand for its products increased 13.9% on an annual basis. Demand in China for FAW-GM’s products dropped 26.1% on an annual basis to 3,319 units.

Buick sales in China rose 15.7% from the first month of 2013 to 100,127 units—the first time that Buick’s monthly sales topped 100,000 units. Its best sellers in January were the Excelle XT and GT, which generated collective demand of 34,176 units, an increase of 44.2%. Buick also continued to enjoy strong demand for the GL8 family, which experienced collective sales growth of 114.8% to 11,973 units. In addition, the Encore SUV had sales of 9,052 units, which was up 14.9%.

Chevrolet sales in the domestic market dropped 0.2% year on year to 65,988 units in January. The brand’s most popular model was the Cruze, which sold 22,621 units. Demand for the Sail family also remained strong, with sales of 21,989 units.

Cadillac luxury vehicle sales in China jumped 265.7% to 5,741 units in January. Sales of the SRX jumped 96.1% to 2,812 units, while sales of the XTS totaled 2,365 units in the nameplate’s first January on the market.

Wuling sales in China reached 163,886 units in January, which was up 13.2% from the same month last year. Its best-selling model was the Hong Guang family, whose sales grew 69.9% to 81,153 units. Baojun, GM’s entry-level passenger car brand in China, had sales growth of 27.8% to 8,966 units.

February 11, 2014 in Brief | Permalink | Comments (0) | TrackBack (0)

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