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GM: Big(ger) in China

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Filed under: China, Chevrolet, GM

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In 2007 General Motors broke Chinese sales records with over one million vehicles sold. That sounded pretty impressive at the time, but just three years later GM's sales have come so far so fast that the General is now officially selling more vehicles in the Land of the Great Wall than it is in the States.

The Detroit Bureau reports that GM's China sales are up 54 percent in 2010 versus the first five months of 2009, with 1,032,665 cars and trucks sold so far this year. The General isn't doing nearly that well here in the U.S, with 882,277 units sold during the same period.

The biggest reason GM's sales continue to outpace the growth of its competition is the shot in the arm provided by the Chevy brand. The Bow Tie brand's sales are up 104 percent on the year, led by a 113 percent increase in sales of the Cruze. GM sold 14,524 copies of the Cruze in May alone, while the new-for-2010 Sail already hit 7,616 sales. While Chevy is quickly growing in the Chinese market, the still hot Buick brand is starting to show some signs of leveling off. Sales of the Tri-shield are up a mere 22 percent so far this year. Cadillac appears to be stealing a bit of Buick's thunder as well, as the Wreath and Crest is up 98 percent on the year.



[source: The Detroit Bureau]

GM: Big(ger) in China originally appeared on Autoblog on Wed, 16 Jun 2010 16:33:00 EST. Please see our terms for use of feeds.

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GM Since May is bigger in China than U.S.!

Record sales in the world’s largest auto market cause upset.

by Joseph Szczesny on Jun.15, 2010

GM’s China sales in the first five months of the year reached 1,032,665 units, a 54% increase.

General Motors and its joint ventures posted record sales in China during May, selling a total of 196,004 vehicles and surpassing GM’s sales in the U.S., where GM posted sales of 167,325 units.

GM’s operations in China were buoyed by strong demand for the Buick and Chevrolet brands and ongoing positive demand for its other brands.

Numbers!

GM’s sales in the first five months of the year in China reached 1,032,665 units, a 54% increase from the first five months of 2009, and a new record for the period. By contrast, through May GM has sold a total of 882,277 vehicles in the U.S.

“We are pleased with our continued strong sales, especially the performance of Chevrolet, in a highly competitive market,” said Kevin Wale, President and Managing Director of the GM China Group. “Having surpassed the 1 million sales mark for the year, we are well on our way toward record annual sales.

Sales of the Chevrolet lineup jumped 104%, Cadillac products grew 98%, and sales of Buicks rose 22% on an annual basis, Shanghai GM sales reached 83,302 units in May, increasing of 49% from May 2009.

Chevrolet was the beneficiary of strong demand for the Cruze compact sedan, which grew 113% to 14,524 units, and the Epica intermediate sedan, which grew 115% to 5,764 units. In just its fifth month on the market, the New Sail small car from Chevrolet registered sales of 7,616 units. Buick was once again led by strong demand for the Excelle lower-medium family, and new LaCrosse and New Regal upper-medium sedans, which had combined sales of about 40,000 units.

SAIC-GM-Wuling sales in May rose 5% to 105,395 units. Demand for its Wuling products surpassed 100,000 units for the fourth month this year. Its most popular model remained the Wuling Sunshine minivan, which generated sales of 56,989 units.

Demand for FAW-GM products totaled 6,773 units in the joint venture’s first May reporting sales. Opel, GM’s import brand from Germany, enjoyed resurgence in demand of 214% in May.

link:

http://www.thedetroitbureau.com/2010/06/gm-since-may-is-bigger-in-china-than-u-s/

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