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GM China Sales Continue Growth Spurt

Nearly all of company's brands were up in August.

by on Sep.07, 2016

GM China President Matt Tsien noted the company's mainstream passenger car entries helped GM to record sales in China last month.

Strong sales by Cadillac helped General Motors and its Chinese partners set a new sales record during August.

GM and its joint ventures delivered 293,537 vehicles in China, which was up 18% year over year. The Cadillac, Buick, Chevrolet and Baojun brands reached all-time highs for the month, the company said.

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“Our mainstream passenger car entries drove our sales momentum,” said GM Executive Vice President and GM China President Matt Tsien. “We are looking to build on our success by adding another five new and refreshed models in the final four months.” (more…)

Baojun Scoring Major Gains for GM in China

by on Apr.24, 2014

Introduced at this years Beijing Auto Show, the Baojun 610 is the brand's newest model.

A new brand General Motors launched only three years ago is poised to double its sales this year as GM continues to move ahead with its rapid expansion in China.

Baojun, the brand that belongs to the Shanghai-GM-Wuling joint venture sold 100,000 cars last year and sales are expect to climb to 200,000 units for all of 2014, according to Ray Biezrynski, executive vice president of SGM-W, one of the cornerstones of GM’s ongoing expansion in what is now the world’s largest automotive market.

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The growth of the Baojun brand could be particularly critical considering GM last year slipped behind long-time rival Volkswagen AG, now the Chinese market sales leader. But the impact isn’t limited to China.  The booming Asian nation now accounts for more than one third of GM’s global sales. (more…)