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May 4, 2020

GM sees China growth in April

Recovery in China - General Motors achieved double digit year on year growth in April 2020 at its two Chinese joint ventures, a media report said.

By Olly Wehring

Recovery in China – General Motors achieved double digit year on year growth in April 2020 at its two Chinese joint ventures, a media report said.

The SAIC Motor JV, which makes Buick, Chevrolet and Cadillac reported sales rose 13.6% to 111,155, including exports, Reuters reported.

The separate venture with SAIC and Guangxi Automobile Group, which produces low specification minivans and recently started to make higher end cars, reported sales which jumped 13.5% to over 127,000 units last month.

According to Reuters, GM China sales fell 43.3% year on year in the first three months of 2020.

GM and SAIC are using social media celebrities to promote new models and are offering free medical masks to customers.

SAIC, which sold around 6m cars last year, told the news agency its sales rose 0.5% compared to the same period last year. As well as the GM venture, it also builds its own brand cars and operates a JV with VW.

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