Sales rose 30.4% in February for GM and its joint ventures which managed to sell 240, 554 cars and trucks in China last month setting a new record.
The other three GM’s primary manufacturing joint ventures also saw February record sales. Shanghai GM’s domestic sales rose 31.8 percent year on year to 103, 097 units; SAIC-GM-Wuling’s sales in China increased 28.7 percent on an annual basis to 130, 193 units, and FAW-GM’s sales in the domestic market were up 39.2 percent year on year to 7,068 units.
The Buick sales rose 31.1% to 52,773 units, the Excelle family’s sales jumped 70.7% to 23,564 units, followed by Excelle XT and GT with 70.3% to 11,890 units. Chevrolet rose 23.7 to 52,407 units, the Cruze increased 36.1% to 20,662 units, the New Sail rose 34.1% to 14,184 units, the Malibu, launched on February 15th, got off a solid start with sales of 3,333 units. The Cadillac sales were up 6.6% to 2,124 units, a record for the luxury brand in February, while the SRX luxury utility vehicle hit sales of 1,527 units.
In the first two months of 2012, GM and its joint ventures sold a record 487,208 cars and trucks in China, an increase of 7.7 percent from the same period last year.