Detroit Bureau on Twitter

Posts Tagged ‘General Motors China auto sales’

GM Sees China Sales Drop in July

Despite new products, sales fall for third straight month.

by on Aug.06, 2015

GM's sales in China were down 4% in July, but the debut of the new Buick Excelle is expected to bolster efforts for the second half of 2015.

Despite new product launches and an a product mix that includes more sport utility and multi-purpose vehicles, General Motors sales in China dropped by 4% in July.

It was the third consecutive monthly sales drop for GM and its joint ventures, which sold 229,175 vehicles across China. Sales were primarily impacted by model changeovers and the phasing out of older Chevrolet vehicles, GM officials said.

Global Sales News!

“We have had a series of successful product launches over the past few months, including the all-new Buick Excelle GT sedan and Baojun 560 SUV. This has helped us manage the current challenges facing the Chinese vehicle market,” said GM Executive Vice President and GM China President Matt Tsien. “These products are expected to support sales momentum for the balance of the year.” (more…)