GM shows record sales in China

Article by Christian A., on August 26, 2010

GM reported a 38% increase in its sales in China in the first six months of 2009, compared to the same period in 2008, after having sold 814,442 vehicles. Included in this record are the sales of its joint ventures. Kevin Wale, GM's China Group President, said, "China's vehicle market continued to outpace most expectations for growth.

The market benefited from stimulus policies adopted by the Chinese government as well as growing demand for our personal transportation."

In an unprecedented record, GM and its joint ventures sold more than 100,000 vehicles during each month of the first half of the year. SAIC-GM-Wuling was the first joint venture in China to have sold more than 100,000 vehicles in a month. It also had a 50% increase after recording the sale of 524,598 units.

The venture's Wuling Sunshine minivan reported sales of 295,789 units, further stamping its reputation at the most popular vehicle in China. The Wuling Rong Guang minivan, which was launched only last year, had sales exceeding 100 units.

The Chevrolet Spark's sales rose 60% to 32,065 units. Sold under the Shanghai GM joint venture, the Buick also saw a marked increase in demand.

In the first half of the year, GM sold 195,989, a 34% increase. Whereas in the US, Buick sales plummeted by 33.6%, having sold only 47,223 units. GM may be facing financial difficulties in the US but it continues to reap tremendous sales in the Chinese market.

If you liked the article, share on:

Topics: gm, china, sales

Comments

Recommended

There is no question that the new BMW M5 (F90) high performance sports sedan is more powerful, faster and more enticing than the previous model. But for interested customers in...
by - November 23, 2017
Following the Tesla Roadster’s electrifying revelation on Thursday, Musk’s highly ambitious goals have skyrocketed when he tweeted about his future plans for the new sports car. Well, kind of. The...
by - November 23, 2017
Earlier in November at the 2017 SEMA Show in Vegas is when Hennessey unwrapped the Venom F5 to all of us. But it was actually first introduced as a concept...
by - November 22, 2017
Mercedes-Benz just made an announcement that the 2018 E Class Cabriolet has finally landed in the United States. If you had not known, the E Class will be positioned in...
by - November 22, 2017
After a somewhat successful fray into the automotive market in China, the resurrected German automobile brand Borgward is finally heading to Europe, bringing along with it the Borgward BX7 sports...
by - November 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