Shanghai GM was the first passenger car manufacturer that reached the 1 million sold units in 2010, with sales totaling 1,033,307 vehicles at the end of December. SAIC-GM-Wuling sales grew 15.6 percent, eventually reaching 1,226,860 units, while GM's light-duty commercial vehicle joint venture, FAW-GM, sold 88,224 trucks in the country.
Chevrolet increased sales by 63.4 percent in 2010, selling a total of 543,709 units, 187,737 of which represented by the new Cruze compact sedan. Buick sales rose by 23 percent and totaled 550,010 vehicles, while Cadillac delivered a total of 17,366 in China in 2010.
“GM kept pace with the needs of our customers by introducing 11 new and upgraded models that are leaders in their segments in design, technology and fuel economy,” said Kevin Wale, President and Managing Director of the GM China Group. “At the same time, we continued to expand our local presence to position GM for long-term growth in China.”
Although the Chinese market might be a little bit repulsive this year due to the measures taken by the local governments, GM aims to increase its local sales with the launch of the new Volt and the budget brand Baojun.
“Over the next 12 months, GM will continue to grow our presence in China through the introduction of cutting-edge products like the Chevrolet Volt and the start of sale of the Baojun passenger car brand,” said Wale. “We will also continue to grow our manufacturing capability while addressing the sustainable development of China’s automotive industry. This is all part of our ongoing commitment to working in China, with China, for China.”
Google News