mobile-menu-icon
GM Authority

GM China Sales Decrease 6 Percent In 2020 Calendar Year

GM China sales decreased 6 percent to 2,901,102 units during the complete 2020 calendar year. Sales decreased at the Chevrolet and Baojun brands, while increasing at Buick, Cadillac and Wuling.

Sales were impacted by the COVID-19 pandemic during the first quarter and started to recover in the second quarter. Deliveries posted a strong rebound in the second half, led by SUVs, MPVs and luxury vehicles.

“In spite of the unprecedented challenges that 2020 brought, we focused on keeping our people safe, enhancing our product lineup with launches that would satisfy our customers’ needs, and accelerating our move toward an all-electric future,” said GM Executive Vice President and President of GM China, Julian Blissett, in a statement. “We expect China’s vehicle market to continue growing in the long term and have a positive outlook on 2021,” he added.

GM China accelerated its new energy vehicles (NEV) development and made solid progress on its drive to a zero-emissions future. Its NEV sales in 2020 grew four-fold from a year earlier. In the next five years, more than 40 percent of GM’s new vehicle launches in China will be NEVs, supported by the introduction of the company’s state-of-the-art Ultium battery platform.

SAIC-GM Sales – 2020 Calendar Year

The 2020 calendar year sales results at SAIC-GM – GM’s primary joint venture in China responsible for Buick, Chevrolet and Cadillac brands – decreased 5 percent to 1,406,606 units:

Buick sales increased 4.1 percent to 885,207 units

  • Sales was driven by strong demand for premium MPVs and SUVs
  • Sales of Buick’s family of utility vehicles surged 50.1 percent

Chevrolet sales decreased 30.4 percent to 290,872 units

  • In 2020, Chevrolet introduced the new Menlo EV as brand’s first electric vehicle in the Asian country

Cadillac sales increased 7.9 percent to 230,527 units

  • Growth was led by the brand’s family of utilities – the XT4, XT5 and XT6 – whose combined sales grew 40.3 percent from a year earlier.

SAIC-GM-Wuling Sales – 2020 Calendar Year

The 2020 calendar year sales results at SAIC-GM-Wuling – GM’s other Chinese joint venture responsible for Wuling and Baojun brands- decreased 7.2 percent to 1,494,496 units:

Baojun sales decreased 33.9 percent to 402,210 units

  • In 2020, the brand maintained an intensive product launch cadence to expand its portfolio

Wuling sales increased 8.8 percent to 1,092,286 units

  • Wuling introduced the global silver badge, expanding its presence in the passenger vehicle segment

Sales Results - Q4 2020 - China - GM Totals

BRANDQ4 2020 / Q4 2019Q4 2020Q4 2019YTD 2020 / YTD 2019 YTD 2020YTD 2019
BAOJUN TOTAL-30.17% 125,837180,196-33.88%402,210 608,269
WULING TOTAL+35.26% 373,579276,200+8.84%1,092,286 1,003,611
CHEVROLET TOTAL-16.32% 84,818101,363-30.41%290,872 418,000
CADILLAC TOTAL+55.58% 80,06451,461+7.87%230,527 213,717
BUICK TOTAL+27.79% 290,027226,954+4.14%885,207 850,007
GM CHINA TOTAL+14.13% 954,325836,174-6.22%2,901,102 3,093,604

About The Numbers

  • All percent change figures compared to GM China sales for 2019 year, unless noted otherwise
  • GM China sales figures represent retail sales
  • GM does not provide individual sales performance of sales in China

Further Reading & Sales Reporting

Deivis is an engineer with a passion for cars and the global auto business. He is constantly investigating about GM's future products.

Subscribe to GM Authority

For around-the-clock GM news coverage

We'll send you one email per day with the latest GM news. It's totally free.

Comments

  1. Karma China, karma

    Reply
  2. OTOH, “GM sales decreased 12 percent to 2,547,339 units during the complete 2020 calendar year in the United States market”

    In China: 2,901,102

    So, GM is a healty automaker, with China as its largest market, to the difference to Stellantis whose sales in China are deplorably low, compared to their position in Europe and North and South America.

    But China’s population is 4 times as much as of the USA, so the sales in China are relatively low as a percentage of the population,

    Reply

Leave a comment

Cancel