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GM Continues Gaining Strength in China

Bucking slowdown in overall market.

by on Dec.07, 2011

Chevrolet continues to gain ground in the Chinese market with products like the Sail.

Despite some concerns about impending doom-and-gloom as the Chinese economy shows signs of slowing down, General Motors and its joint ventures in China reported another strong month as they posted a 20.4% increase in domestic sales.

The U.S. maker and its domestic Chinese partners sold a record 237,130 vehicles in November making it the third-best sales month of 2011. So far this year, GM and its joint ventures have sold a record 2,350,406 vehicles in China, an increase 8.2% from the same period last year and just short of last year’s full-year sales record of 2,351,610 units.

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During November, demand remained strong for Shanghai-GM’s lineup of passenger cars, as the joint venture experienced a rise in domestic demand of 7.6% to 113,120 units. SAIC-GM-Wuling’s sales of mini-commercial vehicles and passenger cars generated domestic sales growth of 40.4% to 119,133 units. Both were all-time November sales highs.


GM China Sales Top 2 Million

Despite market slowdown, maker heading for new record.

by on Oct.18, 2011

GM China President Kevin Wales.

General Motors has sold more than 2 million vehicles in China for the second year in a row – and despite the slight slowdown in the market – now the world’s largest – the U.S. maker appears set to post another yearly sales record.

The American auto giant reached the 2-million-unit-mark more than two weeks ahead of the date last year when it became the first global automaker to sell 2 million vehicles in China, GM reported

“This is another outstanding achievement for GM in the world’s largest vehicle market,” said Kevin Wale, president and managing director of the GM China Group. “Our key brands and many of our key products have continued to experience record demand despite intense competition.”

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GM’s SAIC-GM-Wuling joint venture, which is targeted at customers in smaller cities and rural China, sold its 1 millionth vehicle in China this year on Oct. 14. In addition, demand in China this year for the Buick brand has risen 24%, with Cadillac up 73% and Chevrolet posting an 18% increase.

China is now the second-largest global market for Chevrolet – which has been pressing hard to expand outside its traditional base in North and South America.  Sales surged 411% since the brand was introduced in China in 2005 – this year expecting to post another record after reaching 544,000 in 2010.


Two Thirds of Chevy Sales Now Come From Abroad

The “Heartbeat of China”?

by on Oct.10, 2011

The Chevrolet Volt in China.

The “Heartbeat of America” is rapidly expanding its presence outside the U.S., two-thirds of Chevrolet sales expected to come from markets outside the U.S. this year.

With Chevy the only one of the five major global brands to increase its worldwide market share this year, it would not be a surprise, said a senior General Motors executive, if the bowtie marque were to eventually ring up four out of five of its sales in foreign markets.

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“That’s absolutely possible…though not a target,” said Mark Reuss, GM’s president of North American operations, following a dinner celebrating Chevrolet’s 100th anniversary.

The brand was founded on November 3, 1911 by race car driver Louis Chevrolet and entrepreneur William C. Durant – who was at the time exiled from General Motors, a company he had also created less than a decade earlier.