GM's China sales rebound to monthly record on strong Buick volume
General Motors' China sales rebounded strongly and reached a record monthly high in October after a three-month decline as robust demand for Buick models fueled a 15 percent increase year on year to 327,037 vehicles.
Buick sales jumped 42 percent last month from a year earlier to 100,000. According to GM, the surge in Buick volume was led by the Excelle GT compact sedan and Envision crossover.
Cadillac sales rose 23 percent year on year to 5,757 vehicles. But Chevrolet deliveries dropped 8.4 percent to 51,173 as inventories of the Malibu sedan ran short during a model changeover. The redesigned Malibu went on sale in China in late October.
SAIC-General Motors Corp. -- formerly called Shanghai GM -- sells Buick, Chevrolet and Cadillac models.
General Motors' other Chinese light-vehicle partnership, SAIC-GM Wuling Automobile Co., enjoyed big gains for its Baojun-brand entry-level passenger vehicles.
In October, the brand's sales soared 113 percent from a year earlier to 51,589 vehicles on strong demand for the Baojun 730 multi-purpose vehicle and the Baojun 560 crossover.
But overall sales of Wuling-badged microvans and MPVs declined 8.4 percent to 116,786 vehicles, due to the ongoing contraction of China's microvan market.
SAIC-GM also sells a small number of imported vehicles in China, but GM did not disclose specific results for October import sales.
Through the first ten months, sales at GM and its two joint ventures in China rose 2.9 percent from the same period last year to 2.82 million vehicles.
Cadillac sales rose 23 percent year on year to 5,757 vehicles. But Chevrolet deliveries dropped 8.4 percent to 51,173 as inventories of the Malibu sedan ran short during a model changeover. The redesigned Malibu went on sale in China in late October.
SAIC-General Motors Corp. -- formerly called Shanghai GM -- sells Buick, Chevrolet and Cadillac models.
General Motors' other Chinese light-vehicle partnership, SAIC-GM Wuling Automobile Co., enjoyed big gains for its Baojun-brand entry-level passenger vehicles.
In October, the brand's sales soared 113 percent from a year earlier to 51,589 vehicles on strong demand for the Baojun 730 multi-purpose vehicle and the Baojun 560 crossover.
But overall sales of Wuling-badged microvans and MPVs declined 8.4 percent to 116,786 vehicles, due to the ongoing contraction of China's microvan market.
SAIC-GM also sells a small number of imported vehicles in China, but GM did not disclose specific results for October import sales.
Through the first ten months, sales at GM and its two joint ventures in China rose 2.9 percent from the same period last year to 2.82 million vehicles.