GM logs 12% surge in deliveries in China in January 2014

Article by Anita Panait, on February 13, 2014

General Motors Co. posted a 12-percent rise in deliveries in China in January to 348,061 units, boosted by strong demand for Buick and Wuling vehicles.  In a statement, GM said that Buick logged a 16-percent gain in deliveries to top 100,000 units for the first time. GM is planning to invest $11 billion through 2016 to expand in China, with four new assembly sites hiking its annual capacity to 5 million vehicles.

Now heading GM in China is a local, Matthew Tsien, who replaced the retired Bob Soca. In January, GM saw its premium Cadillac marque triple its deliveries to 5,741 vehicles and its Chevrolet marque drop 0.2 percent to 65,988 units. GM also saw Wuling grow 13 percent to 163,886 vehicles in January, accounting for nearly half of its sales in China.

It also saw its entry-level Baojun passenger-car brand rise 28 percent to 8,966 units. SAIC-GM-Wuling, which builds Wuling and Baojun vehicles, is rolling out a compact hatchback and a new multipurpose vehicle under the Baojun brand as well as sport utility vehicle in 2015, according to its executive vice president Raymond Bierzynski.

Topics: gm, china

If you liked the article, share on:

Pin It

Comments

Recommended

The German automaker Volkswagen is now racing against time to come up with electric vehicles that will be able to pass Europe and China's stringent emission standard. The car company...
by - March 22, 2017
In the last few years, the advent of compact sedans and crossovers has become quite overwhelming. Even two of the major manufacturers that “started it all” have to admit that...
by - March 22, 2017
By 2020, Audi will be throwing out not just one but three fully-electric vehicles. One of which will be pitted against the BMW i8. This new information was revealed by...
by - March 22, 2017
Tesla confirms that they will be discontinuing the fairly new Model S 60 and 60D sedans as soon as next month. Why, you ask? The company wants to make enough...
by - March 22, 2017
Have you ever wondered how much luxury car companies profit from every vehicle they sell? And which companies profit more? Well, in 2016, Porsche sold over 238,000 vehicles. That is...
by - March 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries