General Motors and its joint ventures sold 277,979 new vehicles in China in April 2016, an increase of 7.5 percent from April 2015.
The automaker attributes the increase to focus on growth segments, as SUV deliveries increased 107 percent year-over-year, while Cadillac sales increased 13 percent year-over-year.
“GM continues to grow in segments that are on top of customers’ purchase lists,” said GM Executive Vice President and GM China President Matt Tsien. “We have more new vehicles on the way in the SUV, MPV and luxury segments to keep delivering to customers what they want and demand.”
Shanghai GM Sales – April 2016
Shanghai GM — The General’s primary Chinese joint venture responsible for Chevrolet, Buick, and Cadillac vehicle sales in the country — reported an increase in Cadillac and Buick sales, but a decrease in Chevrolet sales.
Chevrolet China Sales – April 2016
Chevrolet sales in April decreased 29 percent year-over-year to 35,431 units.
The brand is revealing and launching several new models this year, starting with its new flagship sedan, the Malibu XL.
Buick China Sales – April 2016
Buick sales in April increased 56 percent year-over-year to 98,992 units.
The brand was led by strong demand for the Excelle GT sedan and Envision SUV. Complementing Buick’s portfolio in China, the new LaCrosse Hybrid Electric Vehicle (HEV) will be joining the recently introduced LaCrosse midsize sedan.
Cadillac China Sales – April 2016
Cadillac sales in April increased 13 percent year-over-year to 7,007 units.
The prestige luxury brand launched the new Cadillac CT6 prestige sedan at the end of January and introduced the new Cadillac XT5 luxury crossover in April.
SAIC-GM-Wuling Sales – April 2016
Sales at GM’s other Chinese joint venture — SAIC-GM-Wuling — were as follows:
Baojun China Sales – April 2016
Baojun deliveries totaled 37,915 vehicles in China in April, an increase of 56 percent year-over-year.
Strong demand for the Baojun 730 MPV and Baojun 560 SUV spearheaded the brand’s performance. An all-new addition to the portfolio, the Baojun 310 hatchback, was recently revealed at the Beijing auto show and will go on sale this summer.
Wuling China Sales – April 2016
Wuling deliveries declined 14 percent on an annual basis to 98,580 units, impacted by the continued contraction of the mini-commercial vehicle market.
About The Figures
Starting with April 2015 sales results, GM began reporting retail sales rather than wholesales in China. All numbers above represent retail sales.
Comment
Chevrolet lags in China with Boajan proving growth potential. GM is a unique automaker in that it’s a composite of regional brands which reduces scale. The General will need to settle for a ONE platform as opposed to vehicle program