GM reported a 10% year-on-year sales increase in China in November

Article by Christian A., on December 7, 2012

General Motors Co. and its joint ventures reported a 10% year-on-year sales increase in China in November, after having sold 260,018 vehicles. It is GM’s best November ever. It’s also the company’s second-best month all-time in China, its biggest market. With just a month left in the year, GM set a new annual sales record in China, with deliveries of 2,593,642 vehicles from January to November 2012 compared to 2,547,171 vehicles for the same period in 2011.

On the other hand, GM sold 2,349,984 units in the U.S. for the same period. GM said that the growth in China was compelled by the high sales of Buick and Chevrolet cars. In November, Buick sales grew by 17%, Chevrolet sales rose by 15% and Cadillac sales climbed by 8%.

These brands are built and sold by Shanghai General Motors Co., a joint venture between GM and SAIC Motor Corp. Meanwhile, Ford Motor Co. posted sales of 67,505 units in China in November, a 56% increase from the year-earlier period.

The strong demand for Ford-brand passenger vehicles had driven this high sales growth. Last November, sales of locally built Focus, Mondeo, Fiesta, S-Max and the imported Ford Edge increased by 74% year-on-year, with sales of 51,602 units.

From January to November 2012, Ford’s sales as well as those of its two ventures in China grew by 18%, according to Ford China. The unit sales figures were undisclosed. Changan Ford Automobile Co., a joint venture between Ford and Changan Automobile Co., produces the Ford Focus, Mondeo, Fiesta, S-Max models. Jiangling Motors Corp., Ford's commercial vehicle joint venture with Jiangling Motors Group Co., sold 15,903 units in November, standing for a 16% increase.

Topics: gm, china, sales

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