- Retail sales grow 14 percent to 346,671 units
- SUV sales more than triple
- Buick posts its best-ever monthly sales, exceeding 100,000 units for the second consecutive month
- Cadillac sales reach an all-time monthly high as ATS-L sales nearly triple
- Chevrolet launches the all-new LOVA RV
- Baojun sales more than double, hitting a new high for any month
SHANGHAI – General Motors and its joint ventures had their best November sales ever. Sales advanced 14 percent on an annual basis to 346,671 vehicles.
In November, GM’s SUV sales surged 231 percent on an annual basis, led by the Buick Envision and Baojun 560. The fast-growing SUV segment accounted for 19 percent of GM’s sales in China last month, compared with 6.5 percent a year earlier.
“The market has been improving in the past two months,” said GM Executive Vice President and GM China President Matt Tsien. “We are well positioned to achieve a strong finish to the year backed by newly launched models, including the Chevrolet LOVA RV, Buick Verano Hatchback and Buick Verano GS.”
The Buick, Cadillac and Baojun brands set all-time monthly sales records.
Buick sales rose 45 percent year on year to 107,925 units. Sales of the Excelle GT more than doubled last month from a year earlier. Verano sales surpassed 9,000 units, increasing 60 percent from the previous month. The Verano Hatchback and Verano GS launched in November are strengthening the brand’s presence in China’s premium mid-range passenger car segment, together with the Verano sport sedan and the all-new Excelle GT launched earlier this year.
Cadillac luxury car sales increased 57 percent from a year earlier to 7,935 units, making November the seventh consecutive month of double-digit sales growth. Sales of the ATS-L jumped 182 percent in November. The new 28T Fashion Edition with an eight-speed transmission was added to the ATS-L lineup on November 26.
Baojun sales last month jumped 110 percent on an annual basis to 58,051 units. Next year, additional new and upgraded Baojun products featuring 1.5L turbocharged engines and automated transmissions will be introduced.
Chevrolet sales declined 11 percent year on year to 51,192 units in November, mainly due to the ongoing model changeover. At last month’s Guangzhou auto show, the all-new LOVA RV urban recreational vehicle was launched and the Chevrolet Malibu XL sedan made its domestic debut.
Wuling sales dropped 10 percent from a year earlier to 121,451 units in November. It was impacted by continued contraction of the mini-commercial vehicle market.
During the first 11 months of 2015, retail sales by GM and its joint ventures in China increased 4.1 percent on an annual basis to a record 3,166,791 units.
Note: Starting with April sales results, GM began reporting retail sales rather than wholesales in China. All numbers in the press release are retail sales.
General Motors traces its roots back to 1908. GM has 11 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 and Wuling brands. In 2014, GM sold more than 3.5 million vehicles in China. More information on General Motors in China can be found at GM Media Online.