GM China sales up more that 10% [table] image

US auto giant General Motors said Thursday that its China sales rose 11 percent from a year earlier to a record for March led by demand for vehicles including the Buick Excelle and Chevrolet New Sail.

Kevin Wale, president and managing director of GM China said that new models have started releasing market potential, complementing the strength of existing line-ups.

For the first quarter of 2012, sales increased 8.7 percent to 745,152 units, a record for GM.

For comparison, GM’s U.S. sales in March rose 11.8 percent to 231,052, meaning China is now GM’s biggest market.

Sales of the Malibu totaled 4,289 units in its first full month on the market, according to the statement.
Chevrolet sales in China rose 11.1 percent year on year to a March record 54,716 units, while Cadillac continued its strong run in March, as sales increased 35.2 percent to 2,745 units.

Demand for Buick products rose 3.7 percent on an annual basis to a March record 57,082 units.

After growing 46% in 2009 and 32% in 2010, China’s auto market slowed considerably last year as sales of smaller-engine cars and commercial vehicles stalled following the end of some government incentives for car buyers.

GM’ Sales in China – March:
Total: 257,944 vehicles
Shanghai GM: 110,038 units
SAIC-GM-Wuling: 139,768 units + 11.6%
FAW-GM: 7,417 units

Buick: 57,082 units +3.7%
Chevrolet : 54,716 units + 11.1%
Cadillac: 2,745 units +35.2%
Wuling: 130,251 units: +9.9%
Baojun: 5,012 units