GM hits new sales record in China

GM hits new sales record in China

8 December 2014

General Motors and its joint ventures set new sales records for November and the year as a whole in China. In November, domestic sales increased 5.3% year on year to 310,094 units. For the first 11 months, sales in China rose 10.1% to 3,182,595 units—surpassing last year’s previous full-year sales record of 3,160,377 vehicles. As a point of comparison, GM sales in the US for the first 11 months of the year were 2,660,525 units.

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Shanghai GM sold 149,747 vehicles in China during November, a year-on-year increase of 5.4%. SAIC-GM-Wuling’s domestic sales rose 6.7% to 156,065 units. FAW-GM sold 4,282 vehicles, down 28.9%.

Buick sold 78,923 vehicles in China during November, an increase of 3.7% on an annual basis. The brand was led by the original Excelle family, which sold 22,325 vehicles, and the Excelle XT and GT, which sold 19,425 units. Sales of the Regal and Envision totaled 10,134 units and 6,795 units respectively.

Chevrolet sales in China came in at 64,006 units last month, an increase of 7.3% year on year. The brand was led by the Sail family, with sales rising 20.7% to 22,831 units. Right behind it was the Cruze family, which had sales of 20,486 units. Sales for the Malibu rose 8.9% to 10,082 units.

Cadillac sales in China increased 8.6% on an annual basis in November to 6,818 units. Its best-selling models were the XTS and SRX, which had sales of 2,777 units and 2,013 units respectively.

Wuling sales in China totaled 122,596 units in November, as sales of the Hong Guang family grew 16.0% to 69,808 units. Baojun sales during the month jumped 219.8% to 33,469 units. Sales for the Baojun 730 MPV was a monthly record 30,089 units.

During the first 11 months of 2014, domestic sales by Shanghai GM were up 9.6% year on year to 1,518,844 units, sales by SAIC-GM-Wuling were up 12.2% to 1,623,673 units and sales by FAW-GM were down 24.2% to 39,766 units.

In addition, between January and November, Buick sales rose 9.7% year on year to 825,163 units, Chevrolet sales were up 6.4% to 629,322 units, Cadillac sales increased 50.7% to 64,359 units, Wuling sales grew 8.9% to 1,480,647 units and Baojun sales jumped 63.2% to 143,026 units.