General Motors and its joint ventures in China set sales records for the month of November as volume rose 14% year on year to 346,671 vehicles.
During the first 11 months of 2015, GM’s retail sales in China increased 4.1% to a record 3,166,791 units.
GM’s SUV sales lst month surged 231% led by the US-bound Buick Envision and Baojun 560. The fast-growing SUV segment accounted for 19% of GM’s sales in China last month, compared with 6.5% a year earlier.
“The market has been improving in the past two months,” said GM China president Matt Tsien. “We are well positioned to achieve a strong finish to the year backed by newly launched models.”
The Buick, Cadillac and Baojun brands monthly sales records.
Buick sales rose 45% year on year to 107,925 units. Sales of the Excelle GT more than doubled last month from a year earlier. Verano sales passed 9,000 units, increasing 60% from the previous month.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataCadillac sales increased 57% from a year earlier to 7,935 units, making November the seventh consecutive month of double-digit sales growth. Sales of the ATS-L jumped 182% in November.
Baojun sales last month jumped 110% to 58,051 units.
Chevrolet sales declined 11% year on year to 51,192 units in November, mainly due to model changeover.
Wuling sales dropped 10% from a year earlier to 121,451 units in November hit by continued contraction of the mini-commercial vehicle market.
This is an example table