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January 31, 2018

GM to launch 15 new models in China in 2018

General Motors and its local joint ventures plan to launch as many as 15 new vehicle models in China this year to help drive sales growth in the world’s largest new vehicle market.

General Motors and its local joint ventures plan to launch as many as 15 new vehicle models in China this year to help drive sales growth in the world’s largest new vehicle market.

The automaker said around half of the new models would be SUVs or MPVs and the Cadillac range would also be strengthened this year.

China is General Motors’ largest single market, well ahead of the US, and its joint ventures and local subsidiaries sold a combined 4,040,789 vehicles in 2017 – up 4.4% year on year. 

The strongest growth was at the Baojun joint venture with SAIC Motor which saw sales rise by almost 45% to 996,629 units. Buick sales were flat at 1,182,927 while Wuling volume fell over 16% to 1,138,183.

GM is second in China only to Volkswagen group whose joint ventures sold 4.18m vehicles in 2017.

GM China said it would work with local subsidiaries to bring the best powertrain electrification solutions and other advanced technologies to market, including its Super Cruise drive assist system and internet connectivity.

By 2023, it plans to introduce 20 new electric vehicles models worldwide, many of which will go to China.

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