Shanghai GM And Partners Already Reach 1 Million Sales In China
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It took just four months and a few days for General Motors and its joint venture partners to reach 1 million sales in the Chinese market, breaking an April sales record in the process. The organization sold 227,217 vehicles last month alone, despite a decline in sales from Shanghai GM itself.
In April, Shanghai GM itself saw sales slide down 2.2 percent to 94,101 units. However, SAIC-GM-Wuling’s sales in China were up 27.0 percent, posting 127,362 record units for April. Additionally, FAW-GM’s sales in the domestic market totaled 5,141 units.
Back to Shanghai GM itself, Buick sales reached 54,013 units, which is an all-time high for the brand in April and an increase of 1.7 percent year over year. The original Excelle family had sales of 23,179 units, up 29.2 percent on an annual basis, while sales of the Excelle XT and GT (better known as the Verano in America) increased 18.3 percent to 11,981 units for the month.
The April dip observed from Shanghai GM had a lot to do with Chevrolet sales decreasing 6.2 percent to 41,555 units. Sales of the New Sail jumped 48.0 percent on an annual basis to 16,305 units. Cruze sales increased 7.6 percent from the same month in 2011 to 15,914 units. Meanwhile, Cadillac sales came in at 2,048 units in April, 1,500 of which were SRX sales.
Additionally, Wuling sales in China were up 22.0 percent to 117,829 units, also an April record, and the Baojun 630 sedan had sales of 6,018 units in its first April in the market.
In the first four months of 2012, Shanghai GM had domestic sales growth of 6.2 percent to 431,309 units, SAIC-GM-Wuling generated domestic sales growth of 12.6 percent to 517,271 units and FAW-GM sold 22,059 vehicles locally. Impressive. And with plans of expansion on the horizon, chances are GM will sell 1 million units in China at an even faster clip.
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To the good old days when we were G.M. #1 market
Never assume there will ever be a return to “the good old days”.
Assume that tommorow GM will be outsold by Mitsubishi and Suzuki in the US.
In that sense, GM would be on edge to do their best everywhere.