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GM: Record Sales in China

Bankrupt American manufacturer announced today sales figures for the first six months in China and, no surprise there, figures show a new record: 38 percent up compared to the same period of 2008. In all, GM China and its joint ventures sold 814,442 vehicles in the first half of the year.

China’s vehicle market continued to outpace most expectations for growth. The market benefited from stimulus policies adopted by the Chinese government as well as growing demand for personal transportation in tier-three and tier-four cities and rural areas,” Kevin Wale, GM China president said in a release.

The front line of GM's Chinese assault was occupied by Buick, whose sales leaped 34 percent in the first half, on an annual basis of 195,989 units. Sales of the Excelle lower-medium sedan stood at 115,877 units, while the sales of the New Regal continued to build since its introduction in December, now reaching 35,729 units. And now the LaCrosse is coming...

With the all-new Buick LaCrosse premium sedan, Cadillac Escalade Hybrid, Buick New Regal 2.0 Turbo sedan and a number of other new products on the way, we expect GM China and our joint ventures to remain an engine for industry growth," Wale added.

The other GM brands made their part too, as SAIC-GM-Wuling’s Chevrolet Spark mini-car sales more than doubled (60 percent up), reaching to 32,065 units. In all, the joint venture registered a 49.9 increase, to 524,598 units.

For the first time ever, GM and our joint ventures exceeded domestic sales of 100,000 vehicles in each of the first six months of the year. We continued to enjoy strong demand for many of our existing products and new models,” concluded GM China's president.
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About the author: Daniel Patrascu
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Daniel loves writing (or so he claims), and he uses this skill to offer readers a "behind the scenes" look at the automotive industry. He also enjoys talking about space exploration and robots, because in his view the only way forward for humanity is away from this planet, in metal bodies.
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