General Motors and its joint ventures sold 295,282 new vehicles in China in May 2016, an increase of 16.9 percent from May 2015.
“GM vehicle deliveries in China achieved robust growth in May,” said GM Executive Vice President and GM China President Matt Tsien. “While demand for our SUVs, MPVs and luxury vehicles remained strong, we also saw impressive demand for passenger car models such as the Buick Excelle GT.”
Shanghai GM Sales – May 2016
Shanghai GM — GM’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 – May 2016
Chevrolet sales decreased 24 percent year-over-year to 38,114 units in May.
Deliveries of the new Malibu XL increased 37 percent month-over-month. The vehicle will be joined by other new models within the new few months.
Buick China Sales – May 2016
Buick sales increased 61 percent year-over-year to 100,864 units in May.
Sales of the Excelle family doubled year-over-year to 47,332 units. There also was strong demand for SUVs and MPVs, which saw sales rise 24 percent to 30,954 units.
Cadillac China Sales – May 2016
Cadillac sales increased 30 percent year-over-year to 8,568 units.
The new Cadillac XT5 luxury crossover saw 1,449 deliveries in its first full month on the market.
SAIC-GM-Wuling Sales – May 2016
Sales at GM’s other Chinese joint venture — SAIC-GM-Wuling — were as follows:
Baojun China Sales – May 2016
Baojun deliveries totaled 43,515Â vehicles in China in May, an increase of 80Â percent year-over-year.
The Baojun 730 MPV and Baojun 560 SUV spearheaded the brand’s performance during the month.
Wuling China Sales – May 2016
Wuling deliveries declined 5Â percent on an annual basis to 104,170Â units, despite continued weak demand in the mini-commercial vehicle segment.
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.
Comments
i can’t wait to see trump renegotiate all of these trade agreements.
he is going to force china to open up their markets on our terms!!!! that is going to allow u.s. automakers to export these cars from america and built by americans.
some say trade is a two way street. when you have the word’s greatest negotiator, it is going to be one way and that way leads to riches for all real americans.
how is he going to do it??? don’t worry. trust me, it is going to be beautiful.
Really you think that Trump is going to force the Chinese to open their borders and embrace free trade after 67 years of communism.
You are drinking the Koolaid my friend.
newsflash … trump is the greatest negotiator the world has ever seen. did you know that? his whole life has been training for this moment in time.
while losers like mccain were shot down and imprisoned by charlie, mr. trump was hitting the books, fighting std’s and soaking his well manicured(and proportioned) hands and feet(doctors orders) in palmolive. if it were not for those numerous deferments, g.i. trump would’ve had charlie running back to uncle ho in no time.
that sort of leadership and laser-like determination only comes once in generation.
so trust me, trump is going to be taking care of business starting day one. that is as solid a guarantee as a trump university diploma. you can take that to the bank, jack!!!
Are you benefiting from Trump University?
Anyway this is about GM sales overview about China from May, don’t have anything to do with Trump.
Thanks. That was good. You had me going there a little. I thought you were serious.
Think he’s a little sarcastic?
Wonder when we will hear discussions about moving Cadillac headquarters to Bejing? After all it will soon be the primary market for Cadillac.
Can open a Cadillac Tea house at the Great Wall?
Of how silly of me, Bejing isn’t cosmopolitan enough!
Trump issues aside, I’ve asked this question before:
If the GM-SAIC deal is a 50/50% proposition, should the number relevant to GM be 50% of 16.9%, and 50% of 295k?
Just asking how the math works …
Carl — the ownership of Shanghai GM is 50-50: 50 percent is GM proper, 50 percent is SAIC. It is an ownership distribution that impacts how investment and profits get split. It has nothing to do with sales distribution… if that’s what you’re asking.
Thanks, Alex.
Just genuinely curious how sales and profits get divvied up. Thanks for responding –
Cheers, and have a good weekend!
Yup. Sure thing. I’m always happy to answer questions!
Have a great one yourself 🙂
50% of something is better than 100% of nothing. They are still selling cars.
50% of something is better than nothing, totally true.
However, consider this: SAIC doesn’t actually do much in the “partnership” with GM. The only reason SIAC is even remotely involved is that the Chinese government forces foreign automakers who wish to do business in China to partner with local ones.
So it would seem like GM does all/most of the work, while SAIC reaps half of the profits and learns from GM’s business operations, including techniques in development, manufacturing, distribution and aftersales.
I wonder how many of the new Cadillac CT6 sedans were sold. And if the CT6 plug-in hybrids were sold, too.
Raymond – this might help:
http://gmauthority.com/blog/2016/06/cadillac-sales-results-numbers-figures-may-2016
Though it doesn’t break out model sales by market, it does give us an idea that most CT6 sales are taking place in the United States, based on the May 2016 sales report for GM US:
http://gmauthority.com/blog/2016/06/general-motors-sales-figures-numbers-results-may-2016/