China: GM sees drop in sales in April image

General Motors, the largest US automaker and the third biggest in the world, has recently announced its passenger car retail sales in China, the world’s largest auto market, went down 0.4 percent in April.

The US carmaker and its local joint ventures delivered a total of 258,484 autos last month, with the company starting with April changing its reporting system to retail sales rather than wholesale deliveries for the market – with the new system seen as a better overall indicator of the sales level. The SAIC-GM-Wuling joint venture registered a rise in sales of 10.2 percent to 139,041 vehicles and Shanghai GM’s local deliveries slid 6.7 percent to 119,032 autos. The best selling GM brand in China, Buick, had a drop in registrations of 8.5 percent from the same month last year to a total of 63,307 autos. The brand’s three SUV lineup on the other hand had a jump of 134.3 percent to 15,322 vehicles. Chevrolet also saw a decline in deliveries last month, plunging 5.6 percent to 49,528 units. The most popular models for the brand were the Cruze compact, Sail and Malibu large sedan. The Baojun brand registered tremendous growth, increasing deliveries by no less than 365.8 percent to 24,301 units – with the Baojun 730 MPV being the most popular and accounting for around 88 percent of the total. The local Wuling brand didn’t follow in the footsteps of its brethren, sliding 5.1 percent to 114,740 vehicles, led by the Hong Guang range of models, which had a modest 3.2 percent surge.

Meanwhile, the group’s luxury brand Cadillac continues the positive trend, inching ahead by 4.6 percent last month to a total of 6,197 units. The best performing models were the ATS and ATS-L range, followed by the SRX crossover and the large XTS sedan.