General Motors China Sales Down 4 Percent To 229,175 Units In July 20150
General Motors and its joint ventures sold 229,175 vehicles in China in July 2015, a 4.0 percent decrease from July 2014. The automaker says that sales were primarily impacted by model changeovers and the phasing out of older Chevrolet vehicles.
During the month, GM saw higher sales of SUVs and MPVs, continuing to help offset the market headwinds. Retail sales of GM’s SUV models jumped 98 percent, led by the Buick Envision and Baojun 560. Retail sales of MPV models grew 4.5 percent, led by the Baojun 730.
“We have had a series of successful product launches over the past few months, including the all-new Buick Excelle GT sedan and Baojun 560 SUV. This has helped us manage the current challenges facing the Chinese vehicle market,” said GM Executive Vice President and GM China President Matt Tsien. “These products are expected to support sales momentum for the balance of the year.”
Unfortunately, GM China did not break out sales results by brand or by model for the month of July. The division also did not provide the information in June 2015, during which it also posted a year-over-year sales drop.
Note: starting with April sales results, GM began reporting retail sales rather than wholesales in China. All numbers seen above are retail sales.
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