There seems to be no end in sight for the explosion of success seen by Shanghai General Motors and its partners in the Chinese market. Case in point: the companies’ November sales results that posted 196,990 unit sales and a gain of 11.2 percent that have so far accumulated 2,172,395 sales for the year – 286,577 units more than GM’s U.S. sales for last year. However, Shanghai GM by itself sold 105,097 units, which is actually less than that of what GM saw in the U.S. for the month of November.
As with the U.S. market, Chevrolet (not Buick) led the sales charge, posting a 47.7 percent year-over-year gain with 58,977 units sold. This is largely due to the success of the New Sail and Cruze, which sold 23,843 and 15,056 units, respectively.
Buick however did place second in sales for Shanghai GM with 51,254 units sold, a gain of 19.7 percent year-over-year, with huge gains made by the Excelle sedan (the Excelle GT is what we expect to be the Verano in North America), which sold 30,830 units – an explosive gain of 38.6 percent in the same time period.
Though Cadillac only managed to post 1,833 unit sales, it was still GM’s second-best month ever. SAIC-GM-Wuling managed to sell 84,879 mini vehicles while FAW-GM sold 6,710 light commercial vehicles. For more, check out the presser.
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