General Motors and its joint ventures sold 248,815 vehicles in China in August 2015, a 4.8 percent decrease from August 2014. The automaker states that the sales drop is the result of “softness in the overall vehicle market”.
“Amid the challenging market environment, we have remained focused on providing great products designed for China to meet the needs of our customers,” said GM Executive Vice President and GM China President Matt Tsien. “Recently launched models such as the Buick Excelle GT and Cadillac ATS-L have been well received by consumers and produced solid sales growth.”
During the month, increased demand for several of GM’s SUV and MPV models offered helped offset the market slowdown. The Buick Envision and Baojun 560 led the sales growth of GM’s SUVs during the month, rising 161.7 percent, while sales of the Baojun 730 MPV more than doubled.
Unfortunately, GM China elected not to break out sales results by brand or by model for the month of August. To note, the division has not done so for June nor July, during which it also posted sales declines.
Note: starting with April sales results, GM began reporting retail sales rather than wholesales in China. All numbers seen above are retail sales.
Comments
Obvious why break downs are gone–Buick and Cadillac are down and Boajan is up. GM China has a less than than desirable sales mix.
During an economic downfall like the one seen in China currently, all “non-budget” products/companies have a less-than-desirable mix.
But wouldn’t you know it, GM benefits from Baojun sales. Maybe you can commend the genius of the strategy to launch and partner on the brand.
PS: note spelling. It’s BAOJUN.
envision is so old today and this is not sold even us market or eu market today . gm is to slowly and doing wrong many things i think so. gm must be faster. slow gm is one biggest broblem.
How is the Envision “so old” today? It has the latest engines and transmissions, cabin technology, safety technology, exterior and interior designs, is built on the latest (D2XX) platform… and it will make its way to other markets shortly. So failing to see how it’s “so old”.
gm not see whats happened car market today. are gm is blind. car world is so garzy and taff not easy live this car world . gm watch car news all the world and you see whats happened in car world