Investors: International Sales

General Motors Sales in China Top 200,000 Units, Set July Record

Mon, Aug 5 2013

SHANGHAI – General Motors and its joint ventures sold a July record 221,580 vehicles in China, an increase of 11.1 percent from last year’s previous high for the month and the first time that July sales topped 200,000 units.

Shanghai GM’s domestic sales rose 16.7 percent on an annual basis to a July record 113,239 units. SAIC-GM-Wuling also set a July domestic sales record, as demand for its products increased 6.1 percent to 104,682 units. FAW-GM’s domestic sales decreased 4.1 percent to 3,239 units.

Buick sales in China grew 25.7 percent year over year to a new July high of 66,208 units. Sales of the original Excelle family were up 10.9 percent to 24,093 units. July was also a strong month for the Excelle XT and GT, which experienced sales growth of 31.1 percent to 17,184 units.

Chevrolet sales in China decreased 3.4 percent year on year to 43,343 units in July. The brand had sales of 16,857 units for the Cruze and 12,800 units for the Sail. Malibu sales jumped over 400 percent to 8,662 units.

Cadillac sales in China increased 82.8 percent from the previous July to 3,688 units. It was led by the SRX, which had sales of 2,251 units, and the XTS, which had sales of 1,420 units in its first July on the market.

Wuling sales in China were up 4.5 percent on an annual basis to a July record 98,380 units. The Baojun brand tripled its domestic sales to 6,302 units, which was also a July record.

For the first seven months of 2013, sales by GM and its joint ventures in China rose 10.7 percent on an annual basis to 1,788,972 units, an all-time high for the period. Shanghai GM’s domestic sales grew 16.2 percent to 856,128 units. SAIC-GM-Wuling had domestic sales growth of 6.3 percent to 897,357 units. FAW-GM’s domestic sales were up 1.3 percent to 32,968 units.

General Motors traces its roots back to 1908. GM has 10 joint ventures, two wholly owned foreign enterprises and more than 58,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2013, GM sold nearly 3.2 million vehicles in China. More information on General Motors in China can be found at GM Media Online.

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