General Motors and its joint ventures sold 248,815 vehicles in China in August 2015, a 4.8 percent decrease from August 2014. The automaker states that the sales drop is the result of “softness in the overall vehicle market”.
“Amid the challenging market environment, we have remained focused on providing great products designed for China to meet the needs of our customers,” said GM Executive Vice President and GM China President Matt Tsien. “Recently launched models such as the Buick Excelle GT and Cadillac ATS-L have been well received by consumers and produced solid sales growth.”
During the month, increased demand for several of GM’s SUV and MPV models offered helped offset the market slowdown. The Buick Envision and Baojun 560 led the sales growth of GM’s SUVs during the month, rising 161.7 percent, while sales of the Baojun 730 MPV more than doubled.
Unfortunately, GM China elected not to break out sales results by brand or by model for the month of August. To note, the division has not done so for June nor July, during which it also posted sales declines.
Note: starting with April sales results, GM began reporting retail sales rather than wholesales in China. All numbers seen above are retail sales.