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General Motors posts May record of 276,109 Vehicles in China

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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