General Motors China Reports January Sales

2015-02-06

SHANGHAI – General Motors and its joint ventures sold 339,781 vehicles in China during January, down 2.4 percent from the same month last year. Shanghai GM’s domestic sales decreased 6.9 percent year on year to 160,067 units, SAIC-GM-Wuling’s sales in China were up 3.5 percent to 178,903 units and FAW-GM’s domestic sales were down 75.6 percent to 811 units.

Buick Reaches 6 Million Cumulative Sales in China

2015-02-06

SHANGHAI – Buick recently reached the 6 million sales milestone in China since its introduction by Shanghai GM more than 16 years ago. In the process, Buick affirmed its position as one of the fastest-growing passenger car brands in its largest market.

GM Reports Q4 2014 Net Income of $1.1 Billion

2015-02-04

General Motors Co. (NYSE: GM) today announced fourth quarter net income attributable to common stockholders of $1.1 billion, or $0.66 per diluted share, which included a net loss from special items of $0.9 billion or $(0.53) per diluted share. Included in special items during the quarter was an $(0.8) billion reduction to net income attributable to common stockholders related to the redemption of all outstanding Series A preferred shares.

Shanghai GM Reveals All-New Buick Excelle GT

2015-02-03

SHANGHAI – Shanghai GM has revealed photos of the exterior and interior of the all-new Buick Excelle GT in advance of its upcoming domestic launch. It will strengthen the presence of Buick – Shanghai GM’s most popular brand – in China’s mid-range mainstream sedan segment.

SAIC-GM-Wuling Announces Plans to Establish Manufacturing Operations in Indonesia

2015-02-02

LIUZHOU – SAIC-GM-Wuling (SGMW), a joint venture between GM China, SAIC and Wuling Motors, announced today that it plans to establish a manufacturing facility in Indonesia to build Wuling brand vehicles for the country’s expanding vehicle market, which is a new step for SAIC and GM to jointly manufacture vehicles for selected Asian markets.

General Motors China Reports January Sales
Buick Reaches 6 Million Cumulative Sales in China
GM Reports Q4 2014 Net Income of $1.1 Billion
Shanghai GM Reveals All-New Buick Excelle GT
SAIC-GM-Wuling Announces Plans to Establish Manufacturing Operations in Indonesia

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General Motors China Reports January Sales

2015-02-06

SHANGHAI – General Motors and its joint ventures sold 339,781 vehicles in China during January, down 2.4 percent from the same month last year. Shanghai GM’s domestic sales decreased 6.9 percent year on year to 160,067 units, SAIC-GM-Wuling’s sales in China were up 3.5 percent to 178,903 units and FAW-GM’s domestic sales were down 75.6 percent to 811 units.

Buick Reaches 6 Million Cumulative Sales in China

2015-02-06

SHANGHAI – Buick recently reached the 6 million sales milestone in China since its introduction by Shanghai GM more than 16 years ago. In the process, Buick affirmed its position as one of the fastest-growing passenger car brands in its largest market.

GM Reports Q4 2014 Net Income of $1.1 Billion

2015-02-04

General Motors Co. (NYSE: GM) today announced fourth quarter net income attributable to common stockholders of $1.1 billion, or $0.66 per diluted share, which included a net loss from special items of $0.9 billion or $(0.53) per diluted share. Included in special items during the quarter was an $(0.8) billion reduction to net income attributable to common stockholders related to the redemption of all outstanding Series A preferred shares.

Shanghai GM Reveals All-New Buick Excelle GT

2015-02-03

SHANGHAI – Shanghai GM has revealed photos of the exterior and interior of the all-new Buick Excelle GT in advance of its upcoming domestic launch. It will strengthen the presence of Buick – Shanghai GM’s most popular brand – in China’s mid-range mainstream sedan segment.

SAIC-GM-Wuling Announces Plans to Establish Manufacturing Operations in Indonesia

2015-02-02

LIUZHOU – SAIC-GM-Wuling (SGMW), a joint venture between GM China, SAIC and Wuling Motors, announced today that it plans to establish a manufacturing facility in Indonesia to build Wuling brand vehicles for the country’s expanding vehicle market, which is a new step for SAIC and GM to jointly manufacture vehicles for selected Asian markets.

Shanghai GM’s Chevrolet Brand Reaches 4 Million Sales Within 10 Years

2015-02-02

Shanghai – Shanghai GM recently sold its 4 millionth Chevrolet vehicle. The GM-SAIC joint venture began offering products from GM’s largest global brand in 2005.

Shanghai GM Begins Vehicle Production in Wuhan

2015-01-28

WUHAN – Shanghai GM today celebrated the start of manufacturing at its Wuhan Branch, as the first Buick Excelle passenger car rolled off the production line.

GM Delivers its Second Consecutive Year of Record Global Sales

2015-01-16

DETROIT – General Motors Co. (NYSE: GM) is reporting its second consecutive year of record global sales. In 2014, the company and its dealers delivered 9,924,880 vehicles around the world, surpassing by 2 percent the record set in 2013.

GM Expects Improved Profitability in 2015

2015-01-15

DETROIT – General Motors Co. (NYSE: GM) expects its total earnings before interest and tax (EBIT) adjusted and EBIT-adjusted margin to increase in 2015, compared to 2014, after adjusting 2014 for the impact of recall costs. The company also anticipates improved automotive results in all regions.

Chevrolet Bolt EV Concept Signals Brand’s EV Strategy

2015-01-12

DETROIT – Chevrolet today made a significant statement on its commitment to electrification with the introduction of the Bolt EV concept – a vision for an affordable, long-range all-electric vehicle designed to offer more than 200 miles of range starting around $30,000.

Chevrolet Introduces All-New 2016 Volt

2015-01-12

DETROIT – Chevrolet today unveiled the all-new 2016 Volt electric car with extended range, showcasing a sleeker, sportier design that offers 50 miles of EV range, greater efficiency and stronger acceleration.

Buick Explores Future with Avenir Concept

2015-01-12

Buick introduced the Avenir concept today in advance of the North American International Auto Show – a flagship sedan exploring progressive design with new levels of passenger well-being and technology integration.

Top-Down Luxury Returns with 2016 Buick Cascada

2015-01-11

DETROIT – Buick today introduced the 2016 Cascada – a dynamic, stylish convertible that uses innovative powertrain and chassis technologies to complement the driving experience.

GM CEO Sees U.S. Auto Economy Expanding in 2015

2015-01-08

DETROIT – General Motors Co. CEO Mary Barra said today that the company expects light vehicle sales in the United States to reach a range of 16.5 million to 17.0 million units in 2015. The last time industry sales reached 17 million units was in 2001. The industry delivered 16.5 million light vehicles last year.

Buick Sets Second Consecutive Annual Global Sales Record

2015-01-08

DETROIT– Buick delivered nearly 1.2 million vehicles in China, the United States, Canada and Mexico in 2014, marking the second consecutive sales record for the most Buicks sold in a single year in the brand’s 111-year history.

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