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Posts Tagged ‘China new vehicle sales’

Ford, GM Report Divergent November Sales in China

Overall results were flat for the month.

by on Dec.12, 2017

Ford China Chief Jason Luo noted that Lincoln sales hit record numbers in November.

China may be the world’s largest automotive market, but it appears to be mimicking U.S. auto sales now as November sales came in flat and are up just 1.9% for the year-to-date.

Much like the U.S. market, the Chinese market is coming off a record sales year in 2016. Also like the U.S. market, sales of sedans are falling while sport-utes and crossovers are enjoying a strong year.

Global Auto News!

Through November, sedan sales have fallen 4.8% while utility vehicles have enjoyed an 8.9% jump, according to China Association of Automobile Manufacturers. After a spring slump, sales have increased monthly for seven consecutive months. (more…)

GM, Ford Enjoy Strong June Sales in China

Sport utes driving the market increase.

by on Jul.07, 2017

Matt Tsien, who heads up GM China, welcomed the jump in sales last month, led largely by SUV sales.

Sales in China by American carmakers perked up during June, offsetting the weakness earlier this year, with GM posting a 4.3% increase while Ford Motor Co. posted a double-digit increase of 15%.

Overall, for the first six months of 2017. GM’s sales in China declined 2.5% while Ford’s have dropped 7%. During June, GM and its joint ventures in China posted record sales as deliveries increased to 285,191 vehicles.

Global Auto News!

The Buick, Cadillac and Baojun brands all posted record results for June, and Chevrolet had its strongest growth in six months. Demand for SUVs, the key driver of GM’s sales growth, remained the company’s best-performing segment, surging 42% last month. (more…)