General Motors China Sales Up 19.9 Percent To 215,070 Units In February 2014
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General Motors and its joint ventures sold 257,770 vehicles in China during February 2014, an increase of 19.9 percent from the 215,070 vehicles sold in February of 2013. The sales results represent a new record for the month for The General and its partners.
Shanghai GM
Shanghai GM, the primary joint venture between General Motors and China’s SAIC that’s responsible for sales of Chevrolet, Buick, and Cadillac vehicles, sold 109,889 units, up 8.8 percent year-over-year.
Buick sales in the domestic Chinese market rose 13.0 percent year-over-year to 59,164 units. With 21,820 sales, the brand’s best-selling model remained the original Excelle, followed by the Excelle XT and GT with 16,260 sales, a 13.8 percent increase.
Chevrolet sales dropped 0.1 percent on an annual basis to 46,347 units. The Cruze remained the brand’s most popular model, with 19,960 sales — a 52.1 percent year-over-year increase. Sales of the Sail family totaled 13,173 units.
Cadillac sales totaled 4,378 units, a 90.8 percent increase on a year-over-year basis. The XTS remained the most popular model by a long shot, with 2,042 units sold.
SAIC-GM-Wuling
Domestic sales of SAIC-GM-Wuling rose 29.4 percent to 142,620 units. Sales of the Wuling brand rose 31.6 percent on an annual basis to 137,018 units, with the Hong Guang family seeing a 103.2 percent growth in sales to 65,129 units. Chinese sales of Baojun, GM’s entry-level passenger car brand, totaled 5,602 units.
FAW-GM
Domestic sales of FAW-GM grew 38.7 percent to 5,092 units, and The General hasn’t provided any additional information on the joint venture’s sales results.
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Wow!!!!
Over 56% of GM China sales are the little Wuling Van… while GM sold 110,000 cars up 9%
Ford trailing in China for years sold 73,000 cars up 67% and the Focus is the Best Seller in China… At this rate Ford should overtake GM in China in a few short years and make more profits too!!!
Some food for thought:
1. Ford might outpace GM in sales if Chevrolet sales don’t pick up over the next few years. And they won’t pick up until GM discontinues the as-affordable-as-a-Chevy (original) Excelle, and put some real effort into Chevrolet sales in the country.
2. It’s highly doubtful that Ford will make more in profits than GM in China, simply because GM has a product mix that’s more profitable, in general. The reasons: Buick and Cadillac, whose sales will explode over the next few years as the ATS, CTS, SRX, and LTS commence local Chinese production.
So the point is that GM needs to focus on Chevrolet more than ever before. Cadillac will be just fine with the product renaissance.
It will be fun to watch China market continue to grow.
Ford will continue to add Global product portfolio and Lincoln later this year with many new products coming in the next few years… China wants n recognizes the heritage of the American President!s Limosine…!
GM will also add global Chevrolets, which will be significantly more competitive (great) than the current (good) models. But as Lincoln remains an also-ran in the U.S., it will launch to no great fanfare and be an also-ran in China.
Lincoln, because we haven’t has any good products since 1961.
Relying on the past will kill Lincoln. It will kill it in America, China, and anywhere else where year 1961 is regarded as being just a year.