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General Motors posts May record of 276,109 Vehicles in China
5 June 2014
General Motors and its joint ventures sold 276,109 vehicles in China in May—a new record for the month. Sales increased 9.2% from the same month last year. Shanghai GM and SAIC-GM-Wuling as well as their Buick, Chevrolet, Cadillac and Wuling brands also reached new highs for May sales. In addition, Shanghai GM’s total sales surpassed 9 million units since the joint venture’s establishment in 1997.
Shanghai GM’s domestic sales rose 15.8% from May 2013 to 135,921 units. SAIC-GM-Wuling sold 136,625 vehicles in China, an increase of 4.7% year on year. FAW-GM sold 3,563 vehicles in the domestic market last month, which was down 24.6% from last May.
Buick sales in China totaled 72,558 units in May, an increase of 15.2% from the same month last year. Sales of the original Excelle family rose 3.1% year on year to 25,520 units. Sales of the Excelle XT and GT were also robust, growing 17.1% to 19,209 units. Encore sales hit the 100,000-unit mark since the SUV’s domestic launch at the end of 2012.
Chevrolet sales in China were up 13.3% on an annual basis to 57,245 units. Sales of its most popular model, the Cruze, totaled 20,669 units in May, which was an increase of 13.4% year on year. It was followed by the Sail, which had sales of 15,742 units, and the Malibu, which had sales of 9,131 units.
Cadillac sales were up 59.2% on an annual basis to 6,118 units in May. XTS sales jumped 69.1% to 2,542 units and SRX sales grew 10.4% to 2,453 units.
Wuling sales in China rose 5.6% year on year in May to 128,596 units. The Hong Guang family sold 50,333 units, which was an increase of 84.6% year on year. Demand for the Baojun brand was 8,029 units in May.
For the first five months of 2014 as a whole, GM and its joint ventures sold a record 1,473,484 vehicles in China, an increase of 10.7% year on year. Shanghai GM’s sales rose 10.5% to 686,351 units, SAIC-GM-Wuling’s sales grew 11.6% to 761,365 units and FAW-GM’s sales were down 3.5% to 25,456 vehicles.
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