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GM sees record sales in China in 2013

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GM sees record sales in China in 2013

General Motors and its Chinese joint ventures sold a record 3.16 million vehicles in China in 2013, an 11.4 % increase from a year earlier, according to a statement from the U.S. automaker.

GM sold an average of one vehicle every 10 seconds and almost 9,000 each day in China. Sales by Shanghai GM rose 13.6 % last year to a record 1,512,000 units. SAIC-GM-Wuling sold 1,584,920 units in China, an increase of 9.7 % and an all-time high as well. FAW-GM’s domestic sales were up 6.3 % to 59,092 units.

“GM maintained good growth momentum in our company’s largest market, despite a modest slowdown in demand for commercial vehicles,” said Matt Tsien, President of GM China. “We benefited from a broad portfolio of models and brands that are meeting the diverse needs of vehicle buyers across China.”

Buick sales in China increased 15.7 % on an annual basis, finishing 2013 at an all-time high of 809,918 units. The brand was supported by ongoing strong demand for the original Excelle family, whose sales grew 6.9 % to 296,183 units, and the Excelle XT and GT, whose sales were up 17.9 % to 204,274 units.

Chevrolet likewise set a record for China sales, as demand increased 8.5 % from 2012 to 652,077 units. Its most popular model was the Cruze, which had sales growth of 6.1 % to 246,890 units. Right behind it was the Sail, which had sales of 213,075 units, and the Malibu, whose sales jumped 92.9 % to 100,141 units.

Cadillac sales in China were up 66.6 % from 2012 to a record 50,005 units. GM’s luxury brand was led by the SRX, which sold 26,897 units – an increase of 24 %. The XTS had sales of 20,101 units in its first year on the market. In addition, the ATS – which was introduced in November – had sales of 2,154 units in 2013.

Wuling sales in the domestic market rose 11.2 % year on year to 1,484,422 units, which was also a new annual high. Baojun had sales of 100,498 units, up 19% from 2012 and a new high for the brand.

by Aurel Niculescu (my Google+) - Tuesday, January 7th, 2014 - filed under General Motors, Industry, News, Sales Reports. Image credit: .
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