Troubled US car maker General Motors has announced the sale of over one million vehicles in China this year.
Troubled US car maker General Motors (GM) has announced the sale of over one million vehicles in China this year.
For the first 10 months of 2009, GM sold 1,459,460 vehilcles in the country. This was a rise of 59.8 per cent from the first 10 months of 2008 and a new record for the period. Despite a holiday at the beginning of the month, the automaker and its joint ventures ended October with 166,911 vehicles sold – more than double the number sold in October 2008.
Shanghai GM sales in the first 10 months rose 46.5 per cent from the same period last year, to 548,707 units. The passenger-car joint venture sold 68,505 vehicles domestically in October, which represented an increase of 109.7 per cent from the same month last year.
Shanghai GM finished the month number one in sales among domestic passenger-car manufacturers. Sales of both the Buick New Regal and Buick Lacrosse topped 6,000 units in October, while the Buick Excelle surpassed sales of one million units since its introduction in 2003.
GM’s other mainstream brand in China also continued to perform strongly, with both the Chevrolet Cruze and Chevrolet Lova topping 10,000 units in sales in October for the second month in a row.
In the first 10 months, SAIC-GM-Wuling, GM’s mini-commercial vehicle joint venture, registered domestic sales of 891,285 units, representing an increase of 65.9 per cent on an annual basis. It sold 89,416 vehicles in China last month, a rise of 78.5 per cent from October 2008.
Domestic sales of China’s best-selling vehicle, the Wuling Sunshine minivan, surpassed 500,000 units for the year, while sales of the Wuling Rong Guang minivan topped 20,000 units in October for the fourth consecutive month.
FAW-GM Light Duty Commercial Vehicle sold 8,687 vehicles in October, taking the joint venture’s sales to 17,467 units since its establishment in August.