General Motors, the biggest foreign automaker in China, has officially reported a sales increase acceleration for last month, buoyed by increased demand for its Wuling and Cadillac brands.
The wholesale deliveries of the local Wuling vehicles, which usually make up around half of GM’s local China sales, jumped 18% to reach 129,648 units in September. Total sales for the month grew 14% to 277,647 units, after they also expanded around 11% in August, according to a statement issued by the Detroit-based company.
The automaker is actually investing no less than $11 billion by 2016 on new factories and models to keep its supremacy in China and intends to boost local production output to five million vehicles annually by 2015. GM’s rise of 11% in China to 2.31 million vehicles have been keeping the US automaker on track to reach a 3 million vehicles tally this year, in what is now the world’s largest auto market.
Buick sales went up 14% to 71,002 units last month, while Chevrolet sales only rose 2% to 57,285 cars.On the other hand, demand for the luxury Cadillac brand has seen a 74% jump to a record 4,496 vehicles, thanks to increased deliveries of the XTS sedan and SRX crossover. The low-cost Baojun brand also managed a good performance, selling 9.6% more vehicles to reach a total of 10,028 units, according to the company.