Photo: Cadillac
With not one but two very popular premium brands, GM's Chinese venture is going from strength to strength.
In a recent statement, the company said sales in June rose 11 percent for the same moth last year, reaching 236,207 units. Overall, the American company managed to shift no less than 1.57 million vehicles in the first half of the year, with expectations to top 3 million by the end of 2013.
The reason for this growth is increased demand for Cadillacs. 4,244 cars made by this luxury brand were sold in China just last month alone, and more are expected once GM finishes work on a new factory to assemble them locally.
Buick was also strong, with a 9.5 percent increase to 62,430 units last month and first-half deliveries climbed 17 percent.
“We have seen strong vehicle demand across China, particularly in the midsize, upper-medium, luxury and SUV segments,” said Bob Socia, President, GM China, and Chief Country Operations Officer, China, India and ASEAN. “We expect demand for our lineup of passenger cars and commercial vehicles to remain robust through the end of the year.”
The reason for this growth is increased demand for Cadillacs. 4,244 cars made by this luxury brand were sold in China just last month alone, and more are expected once GM finishes work on a new factory to assemble them locally.
Buick was also strong, with a 9.5 percent increase to 62,430 units last month and first-half deliveries climbed 17 percent.
“We have seen strong vehicle demand across China, particularly in the midsize, upper-medium, luxury and SUV segments,” said Bob Socia, President, GM China, and Chief Country Operations Officer, China, India and ASEAN. “We expect demand for our lineup of passenger cars and commercial vehicles to remain robust through the end of the year.”
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