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Posts Tagged ‘china auto sales’

Ford Sales in China Jump While GM’s Fall

Automakers expect positive momentum going forward.

by on May.08, 2017

Ford's executive leadership team in China is excited about the sales prospects for the remainder of the year.

Ford Motor Co. said its sales in China rebounded during April after a sluggish March, but GM’s sales slipped by almost 2% despite strong sales of sport utility vehicles and the Cadillac brand.

Ford reported selling nearly 94,000 vehicles in April in China, up 11% compared to April 2016. Monthly sales for Changan Ford Automobile, Ford’s largest partner, totaled more than 62,000 vehicles, up 6% compared to the same time last year.

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Jiangling Motor Corp. sold more than 25,000 vehicles in April, a 15% increase compared to April 2016. While Lincoln sales climbed by 95% to 4,500 units. (more…)

GM, Ford Stay on Offense in China

Ford sales down big, but maker on product offensive.

by on Apr.19, 2017

Matt Tsien, who heads up GM China, said the steady stream of new product is a big driver behind the automaker's March sales increase.

General Motors reported its sales climbed 16% to a record level in March, while Ford Motor Co.’s sales dropped 21%.

The sales increase left GM China executives in an upbeat mood as the critical Shanghai Auto Show officially opened this week. Overall GM delivered 345,448 vehicles in March for the company’s year-over-year growth since last August as the Buick, Cadillac and Baojun brands all reached new sales highs for March.

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“SUVs, MPVs and luxury vehicles will help us further tap into the market’s growth potential,” said GM Executive Vice President and GM China President Matt Tsien. (more…)

GM, Ford Set New Sales Records in China

Makers ride popularity of SUVs and luxury cars to new benchmark.

by on Jan.06, 2017

GM Executive Vice President and GM China President Matt Tsien said the automaker's 13 new or refreshed vehicles in China led to record sales this year.

Both General Motors and Ford Motor Co. reported record sales in China during 2016, thanks in part to the growing popularity of American-designed sport-utility vehicles and luxury cars.

Between them the two American giants sold more than 5 million vehicles, claiming more than 20% of the total Chinese market.

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GM and its joint ventures reported delivering a record 3,870,587 vehicles in China in 2016, which was an increase of 7.1% from the previous high in 2015. For all of 2016, Ford Motor Co. sales totaled a best-ever 1.27 million vehicles, 14% higher than 2015. (more…)

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.

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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.

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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…)

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.

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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.

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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…)