Manufacturing News

SAIC-GM's sales dip for 2nd consecutive month

SAIC-General Motors' sales declined for the second month in a row, dropping 5.3 percent year on year to 135,448 vehicles in July.

SAIC-GM, GM’s joint venture with SAIC Motor Corp., produces and markets Cadillac, Buick and Chevrolet vehicles.

Through July, SAIC-GM’s deliveries rose 8.2 percent from a year earlier to approach 1.1 million, SAIC reported.

Last month, SAIC-GM-Wuling delivered 130,219 vehicles, virtually unchanged from the same month last year.

SAIC-GM-Wuling, GM’s light-vehicle partnership with SAIC, builds and distributes light vehicles for the Baojun entry car brand and the Wuling minibus marque.

Through July, SAIC-GM-Wuling’s sales increased 3.4 percent year on year to nearly 1.2 million vehicles.

GM stopped releasing monthly sales for China in April and now only releases results quarterly.

SAIC-GM is to launch sales of the locally assembled Cadillac XT4 compact crossover at the end of August.

It is part of GM’s plan to introduce 15 new and redesigned vehicles in China this year.

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