GM sold more than 2 million vehicles in China so far this year

Article by Christian Andrei, on October 18, 2011

General Motors has sold 2 million vehicles in China for the current calendar year, just the second time ever that it was able to achieve this milestone. Last year, GM achieved this milestone on Nov. 4, 2010 – which means that it beat its previous record by exactly two weeks and four days. GM is actually the first foreign automaker to have achieved sales of more than 2 million cars, trucks, and SUVs in China.

GM attributes this success to Buick, Cadillac, Chevrolet, and its SAIC-GM-Wuling joint venture. Notably, the demand for Buick vehicles in China has increased by 24% this year.

Last September, the Buick Excelle (the counterpart of the new-to-U.S. Buick Verano in China) posted a sales increase of 16.9% compared to last year. Sales of the hatchback version of the Buick Excelle, the Excelle XT, and the sporty Excelle GT, were high, a 25.7% increase over the past year. Buick posted the most gains in China last September due to its GL8 minivan, which is offered in the North American market but is a perpetual favorite in China.

The sales gains of Cadillac were credited almost entirely to the SRX, as more than half of all Cadillacs sold in China are SRXs. Most of Cadillac’s Chinese sales are because of the SLS, a slightly stretched version of the American-market STS, which will soon be replaced. Chevrolet sales in China have been amazing too.

Cruze sales have risen by 72.7% over last year. The Aveo (known also as Sonic), which was launched just last June, sold 5050 units in August. Meanwhile, sales of GM’s SAIC-GM-Wuling joint venture dropped 11.2% in June but increased by 8.2% increase in August. The venture has sold its 1 millionth vehicle in China last Friday.

Topics: gm, sales, china

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