General Motors Sales in China Set July Record
Shanghai GM’s sales in China rose 5.7 percent on an annual basis to a July record 97,064 units. SAIC-GM-Wuling’s sales reached 98,694 units, an all-time high for July and an increase of 26.6 percent year on year. FAW-GM’s sales were up 3.1 percent to 3,379 units.
Buick sales grew 4.8 percent year on year to a new July high of 52,691 units. Sales of the original Excelle family increased 18.2 percent to 21,727 units, followed by sales of the Excelle XT and GT, which increased 27.6 percent to 13,112 units. Both were records for the month.
Chevrolet sales in China dropped 2.8 percent year on year to 44,864 units. However, sales of the New Sail rose 30.1 percent on an annual basis to a July record 16,464 units, while Cruze sales increased 5.5 percent to 17,268 units, which was also a record for July.
Cadillac sales in July totaled 2,017 units, led by sales of the SRX luxury utility vehicle of 1,508 units.
Wuling sales in China were up 32.7 percent on an annual basis to a July record 94,178 units. The Baojun 630 sedan had sales of 2,008 units in its first July in the market.
For the first seven months of 2012, sales by GM and its joint ventures in China were up 11.7 percent on an annual basis to 1,616,550 units, surpassing last year’s previous record for the period. Shanghai GM’s domestic sales grew 6.5 percent to 736,613 units. SAIC-GM-Wuling had domestic sales growth of 17.4 percent to 844,121 units. FAW-GM’s domestic sales were down 2.9 percent to 32,551 units.