General Motors Sets Another February Sales Record in China

2014-03-05


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SHANGHAI – General Motors and its joint ventures sold 257,770 vehicles in China during February, setting a new record for the month. Sales increased 19.9 percent from 215,070 vehicles sold in the same month last year.

In February, Shanghai GM’s domestic sales were up 8.8 percent year on year to 109,889 units, SAIC-GM-Wuling’s domestic sales were up 29.4 percent to 142,620 units and FAW-GM’s domestic sales were up 38.7 percent to 5,092 units.

Buick sales in the domestic market increased 13.0 percent on an annual basis in February to 59,164 units. Its best-selling model remained the original Excelle family, which had sales of 21,820 units – a rise of 49.4 percent. It was followed by the Excelle XT and GT, which had combined sales growth of 13.8 percent to 16,260 units.

Chevrolet sales in China dropped 0.1 percent on an annual basis to 46,347 units. The brand’s most popular model was the Cruze, which sold 19,960 units – an increase of 52.1 percent. Sales of the Sail family were 13,173 units.

Cadillac sales in China were a February record 4,378 units. Demand for the luxury brand jumped 90.8 percent on an annual basis, as sales of the popular XTS luxury sedan totaled 2,042 units.

Wuling sales across China increased 31.6 percent from February 2013 to 137,018 units. Sales of the Hong Guang family rose 103.2 percent to 65,129 units. Baojun, GM’s entry-level passenger car brand in China, had sales of 5,602 units.

With all-time monthly record sales in January, GM’s domestic sales during the first two months of 2014 totaled 605,831 units – an increase of 15.2 percent from the year-ago period and also a new record.

Between January and February, Shanghai GM sold 281,745 units in China, which was up 10.4 percent on an annual basis. SAIC-GM-Wuling sold 315,472 units in China, which was up 20.4 percent. Both were new highs for the period. FAW-GM sold 8,411 vehicles in China, which was up 3.1 percent.

In addition, during the first two months of 2014, Buick sales rose 14.7 percent year on year to 159,291 units, Chevrolet sales were down 0.2 percent to 112,335 units, Cadillac sales jumped 161.8 percent to 10,119 units, Wuling sales were up 20.9 percent to 300,904 units and Baojun sales grew 11.4 percent to 14,568 units

General Motors traces its roots back to 1908. GM has 10 joint ventures, two wholly owned foreign enterprises and more than 58,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2013, GM sold nearly 3.2 million vehicles in China. More information on General Motors in China can be found at GM Media Online.

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