GM China Sales Up 9.4 Percent To 2.26 Million Units Through August 20140
On the heels of strong August 2014 sales, General Motors and its joint venture partners have set a sales record for the first eight months of the year. Through August 2014, the automaker sold 2,261,194 vehicles — up 11.1 percent on a year-over-year basis.
Domestic sales at Shanghai GM — GM’s primary joint venture responsible for Chevrolet, Cadillac, and Buick — rose 9.4 percent to 1,069,948 units.
Of those, Buick was up 9.7 percent year-over-year to 587,361 units, Chevrolet was up 5.2 percent to 436,969 units, and Cadillac grew 64.4 percent to 45,618 units. And given the launch of the all-new D2XX-based Cruze, revised Cruze Classic, and “made-exclusively-for-China” ATS-L, the growth trajectory for GM’s core brands in the Chinese market is very promising.
In addition, sales at SAIC-GM-Wuling grew 13.9 percent to 1,158,174 units. On a brand level, Wuling sales grew 15.0 percent to 1,101,383 units and Baojun sales declined 4.0 percent to 56,791 units.
Finally, sales at FAW-GM — GM’s commercial vehicle joint venture in China — declined 9.8 percent to 32,760 vehicles.
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