GM delivers August record 293,537 vehicles in China
06 September 2016
General Motors and its joint ventures delivered an August record 293,537 vehicles in China—up 18% year-over-year. The Cadillac, Buick, Chevrolet and Baojun brands reached all-time highs for the month.
Cadillac deliveries in August advanced 93% year over year to 9,914 units. Deliveries of the ATS-L luxury sedan and XT5 luxury crossover both exceeded 3,000 units. Sales of the XTS luxury sedan increased 65% from the same period a year earlier.
Buick deliveries in August rose 23% on an annual basis to 94,188 units, led by the Excelle GT sedan. The Envision SUV maintained its strong growth as well, with deliveries increasing 53% on an annual basis. Deliveries of the Verano family exceeded 13,000 units.
Chevrolet deliveries increased year-over-year to 38,706 units in August, led by demand of over 19,000 units for the Cruze family. The nameplate benefited from the arrival of the all-new Cruze in July. Chevrolet launched the Cavalier compact midsize family sedan last week and will introduce the sixth generation of its iconic Camaro muscle car later this month.
Baojun deliveries in August reached 51,099 units, an increase of 41% year over year. Sales of the Baojun 730 MPV and Baojun 560 SUV were up 37% and 52% respectively from the previous August.
Wuling deliveries continued to grow last month, despite the challenging market environment for the mini-commercial vehicle segment. Deliveries rose 8% year over year to 99,589 units, mainly driven by the strong performance of the Hong Guang MPV family.
In the first eight months of 2016, GM and its joint ventures’ deliveries in China increased 8.1% year over year to a record 2,374,542 units. As a point of comparison, GM sold 1,962,602 units in the US over the same time period.
To go where the market has gone will be profitable for GM. The next move may be to India.
Exporting parts and complet units to Asia, EU and USA from China will be more profitable yet. Many GM USA/Canada plants may have to be closed unless 'you know who' wins the November election?
Posted by: HarveyD | 06 September 2016 at 08:23 AM