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Buyers in China Pushing Ford, GM to Record Sales

Automakers surpassing record sales from 2015.

by on Dec.08, 2016

Ford eclipsed its record sales total from last year in China as buyer continue to support American brands.

General Motors and Ford set new sales record in China during November as Chinese customers continue to show a preference for American brands.

Ford sales hit an all-time November high of 124,113 vehicles, up 17% compared with November 2015. In addition, its joint ventures in China have sold more than 1 million vehicles in 2016, reaching the milestone one month faster than in 2015

Global Auto News!

“Ford is gaining more momentum in China each month and we are on pace for a record year in China,” said Peter Fleet, vice president of Marketing, Sales and Service, Asia Pacific. “We are seeing increasing demand across our line-up, particularly our full family of SUVs.” (more…)

FCA Talking with Potential Partner for Second China JV

Company late to the market, seeks to make up for lost time.

by on Sep.15, 2016

Production of the new Jeep Renegade began this year in Guangzhou, China. Fiat Chrysler is looking for more growth in China.

Fiat Chrysler is contemplating a second joint venture in China, this one with BAIC Group to grow the company’s business in the country.

Discussions are early, according to Bloomberg News, but would help the automaker expand its footprint in the country. Currently it has a partnership with Guangzhou Automobile Group, which began in 2010 with the production of Fiat vehicles.

Global Auto News!

It expanded last year as the companies opened a new plant in the Hunan province to build Jeep Cherokees. It grew again this year as FCA began making the hot-selling Jeep Renegade there as well. (more…)

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.

The Journal of Record!

“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…)

GM’s July Sales Soar in China

Company tops 2 million deliveries for 2016.

by on Aug.04, 2016

GM Executive Vice President and GM China President Matt Tsien is excited about the continuing growth of sales in China.

With concerns growing about the future path of sales in the U.S., General Motors continues to see growth in China where sales grew 18% in July, according to the latest sales reports.

GM and its joint ventures delivered a July-record 270,529 vehicles in China, taking deliveries for 2016 past 2 million vehicles with the Buick, Cadillac and Baojun brands reaching all-time highs for the month, the company reported.

The Leader in Global Automotive News!

“GM and our joint ventures managed to top 2 million deliveries in record time, as sales remained strong across many segments,” said GM Executive Vice President and GM China President Matt Tsien. (more…)

GM Sales in China Rise in June

Buyers in world's largest market still gobbling up SUVs and MPVs.

by on Jul.07, 2016

GM Executive Vice President and GM China President Matt Tsien reported that the company's sales were up 11.2% in June.

General Motors continued to expand sales across China in the ongoing contest for position atop the world’s largest market for new vehicles.

GM and its joint ventures reported record June deliveries in China of 273,563 units, which was up 11.2% on an annual basis. The Buick, Cadillac and Baojun brands had their best June ever.

The Leader in Global Automotive News!

Its strong performance in June enabled GM to set a first half record for deliveries in China. Demand was up 5.3% from the first six months of 2015 to 1.81 million units. (more…)

Hyundai, Kia Implements New Sales Strategy for China

Makers launching low-cost sport-utes.

by on May.13, 2016

Hyundai hopes to take advantage of the demand for utility vehicles in the Chinese market.

Hyundai Motor and affiliate Kia Motors plan to launch three low-cost sport utility vehicles in China next year, according to reports from Asia, trying to take advantage of the country’s current thirst for SUVs and MPVs.

Like General Motors and Volkswagen, China has become the largest market for Korean car companies. Making cheaper models specifically designed for the Chinese market will represent a shift in strategy for the South Korean, who have generally relied on older models to satisfy the demands of consumers in China.

The Leader in Global Automotive News!

However, the Chinese market is evolving rapidly and both American and European carmakers have brought new technology to vehicles to separate themselves from their competition. China’s own carmakers have become increasingly sophisticated meaning that their Korean counterparts need to follow that trend. (more…)

GM Sales in China Jump in April as Ford Falls

SUVs, MPVs, luxury vehicles still drawing buyers.

by on May.06, 2016

GM Executive Vice President and GM China President Matt Tsien said GM was selling SUVs and MPVs in big numbers in China in April.

General Motors and its Chinese partners said its sales increased 7.5% during April from the same month last year, while Ford Motor Co. reported an 11% decline for the same period.

GM said the company’s sales increase was focused on new segments and sport utility vehicles, which were up 107% from the same period a year earlier, while Cadillac luxury vehicle sales increased 13% in April from the previous year.

Global News!

So far, in the first four months of 2016, GM and its joint ventures’ deliveries increased 1.7% year over year to a record 1,241,631 units. (more…)

GM China President Predicts Growth in Future

Tsien expects popularity of SUVs, EVs to help drive sales higher.

by on Apr.28, 2016

GM China President Matt Tsien told reporters in Detroit today that he expects the Chinese market to continue to grow for the automaker.

China now accounts for roughly 37% of General Motors’ global sales, making it the automaker’s single largest market in the world, Matt Tsien, president of General Motors China, said during a meeting with reporters at GM headquarters in Detroit.

Tsien said it is difficult to predict if that percentage will continue to grow in next several years. “You have to know what the rest of the world is going to do to answer that,” he said.

The Leader in Global Automotive News!

But GM expects the Chinese market to expand from the 25 million units sold last year to 30 million units in 2020. “That’s like adding a market the size of Australia every year for the next five years,” he said. (more…)

Ford, GM Report Better-Than-Expected March Sales in China

Ford sales increase while GM posts small drop as SUV sales reign supreme.

by on Apr.08, 2016

Sport-utes continue to be the savior of sales in China for General Motors and Ford.

General Motors and Ford Motor Co. succeeded in holding their ground or growing sales in China in the face of some major headwinds with help of strong showings by their luxury brands, Cadillac and Lincoln.

Ford reported 2016 as first quarter sales in China increased 14% compared to the same period last year, with 314,454 vehicles sold. Sales of Ford-branded vehicles reached 114,788 in March, up 5% compared with March 2015.

The Last Word!

Lincoln has also had a strong start to the year with 5,484 vehicles sold in the first quarter, a three-fold increase compared with the same time in 2015. Lincoln’s strong performance in the first quarter was supported by the growing number of dealerships, which reached 37 by the end of March, and Chinese customers’ positive reception of Lincoln SUVs, Ford officials noted. (more…)

GM Expecting More Growth in China

Maker plans to unveil 60 new products in next five years.

by on Mar.22, 2016

General Motors opened its new plant in Shanghai that will build the Cadillac CT6 for China.

Despite the softness in the Chinese economy, General Motors announced plans to introduce 60 new products in the China during the next five years, GM executives said this week.

During a visit to Beijing, GM President Dan Ammann announced the GM strategic plan for the next five years to fuel its growth momentum in China, where it now is the second-largest carmaker just behind Volkswagen.

News You Can Trust!

The strategy will provide an even stronger product mix, greener technologies and smarter solutions for personal mobility in the world’s largest vehicle market, according to Ammann. (more…)