The Chinese auto market may be showing signs of slowing growth, but that’s not stopping General Motors from attaining record sales numbers faster than before: The General — along with its joint ventures — sold their 2-millionth vehicle in China on September 21st, the earliest in the calendar year that the firms have reached the milestone. The accomplishment also marks the third time in GM’s history in China that the 2-million-cars-sold mark was achieved.
“This is another important accomplishment for General Motors in the world’s largest vehicle market,” said Kevin Wale, president, GM China, and chief country operations officer, China, India and ASEAN, who will soon retire. “Despite the temporary slowdown in sales growth in China, GM has continued to experience strong demand for our unequalled lineup of passenger and commercial vehicles.”
Just to years ago, on November 4th, 2010, GM became the first global automaker in the Land of the Red Dragon to reach 2 million annual sales. In 2011, it reached the 2-million mark on October 17th. Today’s news comes in addition to SAIC-GM-Wuling — maker of the Wuling and Baojun brands — reaching 1 million sales in 2012 earlier in September. For its part, the main Shanghai GM division that sells the Chevy, Buick, and Cadillac brands is expected to hit the 1 million unit sales mark for 2012 “soon”, according to GM.
Refusing to show signs of a slowdown, The General and its joint venture partners sold 1,837,546 vehicles in the first eight months of 2011, representing an 11.2 percent year-over-year increase for the time period.