General Motors Sells August Record 280,178 Vehicles in China

Domestic demand increases 14.0%

2014-09-04

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SHANGHAI – General Motors and its joint ventures in China had their third-best month of 2014 in August. Their domestic sales rose 14.0 percent on an annual basis to 280,178 units, setting a new record for the month.

Shanghai GM and SAIC-GM-Wuling as well as their Buick, Chevrolet, Cadillac, Wuling and Baojun brands reached new highs for August sales. Shanghai GM’s domestic sales rose 6.0 percent from August 2013 to 129,547 units. SAIC-GM-Wuling sold 148,555 vehicles in China, an increase of 24.1 percent year on year. FAW-GM sold 2,076 vehicles in the domestic market last month, which was down 38.3 percent from the previous August.

Buick’s domestic sales rose 3.4 percent on an annual basis to 70,082 units. It was led by the original Excelle family, which had sales of 21,856 units, and the Excelle XT and GT, which had sales of 17,005 units. In addition, sales of the Regal and Encore totaled 9,313 units and 7,675 units respectively.

Chevrolet sales in China were up 6.8 percent on an annual basis to 53,437 units last month. Sales of the brand’s most popular model, the Cruze, totaled 17,337 units. It was followed by the Sail, which had sales of 14,169 units. Demand for the Malibu rose 24.8 percent to an August record 10,326 units.

Cadillac sales were up 37.1 percent on an annual basis to 6,028 units in August. XTS sales rose 33.1 percent to 2,700 units and the SRX sold 1,912 units.

Wuling sales in China last month rose 18.2 percent year on year to 132,544 units. The Hong Guang family sold 56,502 units, which was an increase of 35.2 percent from the previous August. Baojun set an all-time monthly sales record of 16,011 units, which was a jump of 110.5 percent year over year. Demand for the Baojun 730 MPV was a very strong 12,006 units in its first month on the market.

GM’s strong performance in August took its sales in China for the first eight months of the year to 2,261,194 units, an increase of 11.1 percent on an annual basis and a record for the period. Shanghai GM’s domestic sales rose 9.4 percent to 1,069,948 units, SAIC-GM-Wuling’s sales grew 13.9 percent to 1,158,174 units and FAW-GM’s sales were down 9.8 percent to 32,760 vehicles.

During the first eight months of 2014, Buick sales rose 9.7 percent year on year to 587,361 units, Chevrolet sales were up 5.2 percent to 436,969 units, Cadillac sales increased 64.4 percent to 45,618 units, Wuling sales grew 15.0 percent to 1,101,383 units and Baojun sales declined 4.0 percent to 56,791 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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GM Sells August Record 280,178 Vehicles in China

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