GM sales increase 15 percent in September 2011

Article by Christian Andrei, on October 12, 2011

In September 2011, General Motors’ Chinese joint ventures sold 240,244 vehicles in China, a 15% increase from September 2010. It got a boost from a rise in microvan sales and from beating a slow broader market. Last month, Shanghai General Motors Co., the joint venture that sells the Buick, Chevrolet and Cadillac brands, had sales of 115,733 units, climbing 15% year-on-year. GM's joint venture that sells commercial vehicles -- SAIC-GM-Wuling Automobile Co. -- seems to recover from the low sales in the early part of 2011.

According to China's largest microvan maker, its domestic sales increased by 18% to 119,012 vehicles.

GM's Wuling joint venture builds the Sunshine microvan, the top-selling model in China. The government had eliminated sales subsidies in December and so the price-sensitive microvan segment experienced a downturn. Last May, Wuling reduced microvan prices and in July, it offered additional discounts and sales started to recover.

This summer, the venture entered China's passenger vehicle segment with the Baojun 630 sedan as its first car. Because of the comparatively sluggish sales in the first half of this year, GM and its Chinese joint ventures sold 1,892,862 vehicles in China from January to September this year, a 7% increase.

However, sales have started to rise in the second half of 2011 if we look at September's results. Industry sales for September have yet to be announced but it appears like GM is outpacing the industry. Last August, a 6% increase in light vehicles was recorded by the industry. JD Power said that this boosted industry light vehicle volumes by 5% for the year. JD Power predicts sales for the entire year will climb by 3%.

Topics: gm, sales

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

The bidding war for one of the only 20 examples -- 21 actually, but the 00 version went to a museum -- of the classically beautiful Lamborghini Reventon built and...
by - January 18, 2017
Bentley once again confirmed its plans to push PHEV into their future lineups. As a matter of fact, the Bentayga SUV will be the first to have the plugin hybrid...
by - January 18, 2017
Each time that Mini launches a new generation of the Countryman crossover, a John Cooper Works performance version is always expected to follow. When Mini unveiled the next-gen 2017 Mini...
by - January 18, 2017
Ford Mustang customers won’t be able to specify the V6 powerplant for the latest iteration of the carmaker’s pony car. This comes as the new 2018 Ford Mustang is saying...
by - January 18, 2017
The man sitting at the top of the performance division of Mercedes-Benz – Tobias Moers – cryptically indicated that the Mercedes-AMG GT4 could be really coming. Moers, chief executive of...
by - January 18, 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