GM's Record Chinese Year
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"We are proud of our performance in 2009," GM China Group president and managing director Kevin Wale was quoted as saying by just-auto.com. "Despite the sales records in 2009, it looks as if 2010 will be even stronger. The industry outlook is strong and we expect more growth, albeit on a somewhat slower pace."
Taken one by one, every single GM subsidiary, joint venture and brand contributed to the increase. Shanghai GM's sales grew 63.3 percent to 27,620 units in 2009, SAIC-GM-Wuling became the first Chinese carmaker to sell over 1 million vehicles in a year with 1,061,213 units sold (63.9 percent increase), while FAW-GM sold 34,510 light commercial vehicles in the four months since its establishment in August.
Taken by brand, Buick sold 447,011 units, an increase of 59.6 percent, with the Excelle remaining, for the sixth year, Buick's bestseller - 241,109 units sold. Chevrolet sales on the other hand increased 67.1 percent, to 332,774 units.
If you still can't believe how well China and GM go together, here's what GM salesman Zhu Yi has to say (countless other GM Chinese dealers share Yi's opinion).
"Sales are exploding. We simply don't have the cars people want. Sales could be climbing even faster."
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