China: GM sets new January sales record image

General Motors and its Chinese joint ventures set an all-time monthly sales record for China, selling 348, 061 units in January, 12 % more than in 2013.

The US automaker produces cars in China in partnership with FAW Group and SAIC Motor Corp and sold a total of about 3.16 million vehicles in 2013, an increase of 11.4 over 2012, while alone in November and December last year accounted for sales growth of 13.3 % and 11.8 %.

Shanghai GM sold 171,856 units in China, a 11.4 % growth year on year and SAIC-GM-Wuling reached 172,852 vehicles, as demand increased 13.9 %. Buick sales in China topped for the first time 100,000 units, with a 15.7 % monthly increase to 100,127 units.

Chevrolet saw a small 0.2 % year on year decline to 65,988 units in January, while the premium Cadillac brand’s fortunes increased 265.7 % to a total sale tally of 5,741 units.

Wuling brand sales went up 13.2 % to 163,886 units, while Baojun, GM’s entry-level passenger car brand in China, grew 27.8 % to 8,966 units.