General Motors and its joint ventures have posted record retail sales of 1,719,202 vehicles during the first six months of the year in China.
08 Jul 2015 | 3071 Views | By Autocar Professional Bureau
General Motors and its joint ventures have posted record retail sales of 1,719,202 vehicles during the first six months of the year in China. Demand was up 4.4 percent from the first half of 2014. The increase was driven primarily by GM’s improved mix of SUVs and MPVs.
Retail ...
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General Motors and its joint ventures have posted record retail sales of 1,719,202 vehicles during the first six months of the year in China. Demand was up 4.4 percent from the first half of 2014. The increase was driven primarily by GM’s improved mix of SUVs and MPVs.
Retail sales of GM’s SUV models surged 82.7 percent in the first half to 148,081 units, led by Buick Envision deliveries of 57,413 units. Sales of the automaker’s MPV models were up 31.4 percent to 505,519 units, led by the Baojun 730. Cadillac luxury vehicle sales climbed 14.0 percent on an annual basis to 39,444 units.
“An evolving product mix is essential for meeting the diverse demand in China, given its position as the world’s largest vehicle market,” said GM executive vice-president and GM China president Matt Tsien. “We will continue to add more new and refreshed models in the second half to keep up our growth momentum.”
Product launches in the second half of 2015 include the new Chevrolet Malibu sedan and Baojun 560 SUV. In addition, the Buick Verano sedan will reach showrooms across China following its launch on June 27 and domestic production of the Buick Envision will increase.
Buick had its best first half ever in China, selling 436,226 units. This was up 4.3 percent year over year. The brand was led by the Excelle GT and XT, which sold a combined 107,799 units. Demand for Buick’s trio of SUVs (Envision, Enclave and Encore) more than doubled to 96,433 units.
Cadillac also set a sales record for the first six months of the year. Sales of the ATS and ATS-L reached 14,158 units, a new high for the period. In addition, deliveries of the XTS and the SRX topped 12,000 units each.
Chevrolet sales rose 0.6 percent year over year to 317,408 units. Sales of the Cruze, the brand’s most popular model in China, set a first half record of 124,898 units. The Trax urban SUV sold a record 27,967 units.
Baojun retail sales were up 308.5 percent on an annual basis to 159,511 units. Wuling sales decreased 5.5 percent on an annual basis to 764,172 units.
GM also had record June retail sales of 246,066 units in China.