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GM China Sales Down 20 Percent During 2022 Calendar Year

GM China sales decreased 20 percent to 2,303,100 units during the complete 2022 calendar year. Sales were down at all five GM brands in the Asian country, including BuickChevrolet, Cadillac, Baojun and Wuling.

The not-insignificant drop in GM China sales during the 2022 calendar year was caused by a challenging environment caused by the resurgence of COVID-19 in the country, where the authorities enacted substantial confinements to minimize spreading the virus. Despite this, the automaker claims that its brands stayed resilient and focused on delivering the best products and services to customers, while making strides toward an all-electric future.

New Ultium Center Factory in Shanghai

SAIC-GM Sales – 2022 Calendar Year

Sales at SAIC-GM – GM’s primary joint venture in China responsible for Buick, Chevrolet and Cadillac operations – decreased 18.83 percent to 1,036,850 units in 2022 calendar year:

Buick sales decreased 21.0 percent to 644,350 units

  • Sales of the Buick Envision Plus three-row crossover grew three-fold on an annual basis
  • The Velite NEV family posted strong growth as sales surged 73 percent year-over-year
  • The GL8 Century flagship MPV was introduced to solidify the brand’s longstanding leadership in the segment

Chevrolet sales decreased 13.5 percent to 198,400 units

  • Sales of the Chevy Menlo EV more than doubled from a year earlier
  • Chevy continued to bolster its utility offensive through the introduction of the all-new Chevy Seeker and Tracker RS

Cadillac sales decreased 16.26 percent to 194,100 units

  • Sales of the Cadillac CT5 luxury sedan increased 8.7 percent year-over-year, sustaining its position as the brand’s top-selling model in the market
  • Deliveries of the all-new Cadillac Lyriq began in September, and the model has been gaining in popularity

SAIC-GM-Wuling Sales – 2022 Calendar Year

Sales at SAIC-GM-Wuling – GM’s other Chinese joint venture responsible for Wuling and Baojun brands – decreased 21.55 percent to 1,266,250 units during the 2022 calendar year:

Baojun sales decreased 76.6 percent to 49,400 units

  • For the first time, GM did not name Baojun in its report or provide any details about the brand’s precipitous sales decline in China

Wuling sales decreased 13.3 percent to 1,216,850 units

  • Deliveries of the popular Wuling Mini EV family topped 400,000 units last year
  • The brand continued to fortify its presence in the passenger vehicle segment
  • Vehicles that wear Wuling’s new Global Silver logo – the Asta, Jia Chen MPV and Xing Chi – posted robust sales growth, with combined deliveries surpassing 125,000 units

Sales Results - Q4 2022 - China - GM Totals

BRANDQ4 2022 / Q4 2021Q4 2022Q4 2021YTD 2022 / YTD 2021 YTD 2022YTD 2021
BAOJUN TOTAL-76.20% 7,90033,200-76.57%49,400 210,800
WULING TOTAL-26.03% 296,700401,100-13.32%1,216,850 1,403,800
CHEVROLET TOTAL-4.19% 50,30052,500-13.59%198,400 229,600
CADILLAC TOTAL+4.31% 53,20051,000-16.26%194,100 231,800
BUICK TOTAL-16.04% 167,500199,500-21.03%644,350 815,900
GM CHINA TOTAL-21.93% 575,600737,300-20.36%2,303,100 2,891,900

About The Numbers

  • All percent change figures compared to GM China sales for 2021 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.

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Comments

  1. China going through a difficult economic period right now. The outlook for the US is similar.

    Reply
  2. According to other reports, overall new car sales in China only had slight growth of about 2%-3%. And only because of a rise in “NEV” (electric vehicles) sales. ICE vehicle sales plummeted overall.

    GM needs to ramp up its EV game in China.

    Reply
  3. GM needs to look at it’s current offerings that are alienating the North American customers or it won’t have any customers left anywhere.

    Reply
  4. Year 2017, Baojun sells almost 1 million cars. But now, baojun sell less 50,000 vehicles! What makes they sales going to underground? The answer is quality. It’s a open secret the baojun is a one of the biggest car company about “Recall” in china. They recall 14.3million cars in 2021! That was a biggest recall in chinese history. And 2022, 610,000 baojun vehicles were recalled again! no one in china woludn’t buy these car.

    Reply
  5. It is difficult to buy cars in China when the government has you padlocked in your apartment.

    Reply
  6. China is a dying market, literally. Their population and economy are imploding. Europe isn’t much better overall. Maybe time for GM to look to what Americans want again?

    Reply

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