GM and its joint ventures have seen increased popularity on the Chinese market, being the leader among global carmakers in China for five consecutive years and keeping the momentum in 2010. GM sold 1,826,424 vehicles nationwide last year.
“This is another important milestone for General Motors in China,” said Kevin Wale, President and Managing Director of the GM China Group. “Over the past decade, China’s vehicle market has experienced unprecedented growth. GM has grown with it, working with our joint ventures to expand our lineup of vehicles and brands, adding to our portfolio of services, and increasing our production capacity to meet the changing needs of consumers nationwide,” Wale added.
GM and its affiliates have benefited from record monthly sales throughout the year. In October, GM sold 199,641 vehicles in China, which represented an increase of 19.6 percent on an annual basis and was all-time high for the month.
Chevrolet witnessed the biggest increase in demand in October, 52.5 percent over the same month last year to 50,813 units stimulated by all-time monthly sales of the New Sail small car family (14,563 units) and Cruze lower-medium sedan (17,798 units). Chevrolet from Shanghai GM finished first in the recently published 2010 China Automobile Aftersales Customer Satisfaction (CAACS) Index.
For the first 10 months as a whole, sales by GM and its joint ventures in China were up 35.5 percent on an annual basis to 1,976,913 units.