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GM’s China Sales Jump in September

Cadillac sales jump more than 50% for third straight month.

by on Oct.11, 2016

Cadillac saw XTS sales rise more than 30% last month in China.

General Motors reported sales in China increased by 16% during September and its joint ventures delivered a record 343,773 vehicles. The maker also announced an investment in a Chinese ride-sharing venture.

Cadillac set an all-time record for monthly deliveries, while Buick and Baojun, GM’s China-only brand, reached new highs for September, GM reported. In the first nine months of 2016, retail sales by GM and its joint ventures in China increased 9% on an annual basis to a record 2,718,315 units.

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“The growth in demand last month was supported by improving product mix,” said GM Executive Vice President and GM China President Matt Tsien. “We saw strong sales momentum across our brands, especially Cadillac in the luxury segment.” (more…)

Ford Sales in China Slide 8.7 Percent in February

Maker's Escort defies trend with 15% increase.

by on Mar.09, 2016

The newly revived Escort continues to enjoy strong sales in China with a 15% increase in February.

The fall off in auto sales in China hit Ford hard last month as the company reported its sales fell 8.7% in February compared with year-ago results.

The drop is in stark contrast to the maker’s January results when sales rose 36%. Through the first two months, sales for Ford and its Chinese partners are up 18%, but the year expected to be a tough one for automakers.

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However, those putting out sport-utility vehicles will enjoy an advantage as those vehicles are the hot sellers in that market right now. (more…)

Toyota Retains Global Sales Lead for 2015

But Japanese maker expects slight slip in sales for 2016.

by on Jan.27, 2016

The new Corolla remained the world's best-selling car in 2015, setting a new record.

Toyota has kept the global sales crown firmly planted on its corporate head – at least for now.

The Japanese giant managed to deliver 10.151 million vehicles in 2015, giving it the lead for the fourth year in a row, ahead of Volkswagen AG which, in turn, narrowly nudged past General Motors. But things might get a little tougher for Toyota in 2016, President Akio Toyoda forecasting a slight decline in sales over the course of this year.

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Perhaps the biggest question is how well Volkswagen will fare as it struggles to recover from a diesel emissions scandal that has seen its sales slip around the world in recent months. The German maker is currently unable to sell the diesel models that make up a quarter of its volume in the U.S. market.


Some Automakers Thriving in Slower China Economy

GM, Ford, Mercedes all expect sales to outpace industry in 2016.

by on Jan.18, 2016

The Buick Envision enjoyed explosive success in the Chinese market in 2015, giving GM reason to be optimistic about China in 2016.

A huge drop in the value of Chinese stocks has unsettled the global economy and led to predictions of slower growth around the world and intense pressure on the energy sector where an oil glut has developed in face of falling demand.

Nonetheless, automakers remain surprisingly upbeat about sales in China, which has become by far the world’s largest market for new vehicles despite the prospects for only modest growth of the Chinese economy overall.

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No one expects the kind of explosive, double-digit growth that characterized the decade prior to 2015 when it finally slowed dramatically. But automakers such as Ford Motor, General Motors and Daimler AG remain cautiously optimistic about their Chinese business. (more…)

Toyota Set to Regain Global Sales Crown Again

VW slipping back into second place as diesel scandal takes hit.

by on Dec.29, 2015

A new Toyota Prius and the outgoing model. Toyota hopes the 2016 remake will help boost momentum for what has been the world's best-selling hybrid.

With the impact of a cheating scandal nipping at the heels of its chief rival, Toyota appears ready to win the global sales race for 2015 again, something that seemed far less likely just a few months ago.

Going into the final months of the year, Volkswagen AG was posed to nab the sales crown from the Japanese giant. But VW sales have taken a serious hit since it was revealed in mid-September that the German maker had cheated on diesel emission tests.

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Both makers are still expected to finish 2015 with total sales of more than 10 million vehicles, a barrier that seemed difficult for any manufacturer to breach just a few years ago.


GM Falling Behind Nissan-Renault in Global Sales

Ghosn predicted move to third place in future.

by on Apr.15, 2015

The future is now when it comes to Renault-Nissan's Carlos Ghosn's prediction that the alliance would be the third-largest automaker by 2018.

Earlier this year, Carlos Ghosn, the leader of Renault-Nissan, said he expected his company would eventually become the third-largest automaker in the world by 2018.

Ghosn set the 2018 target during the Geneva Motor Show this year, but the future is now based on early 2015 sales results. The automaker has squeaked past General Motors through the first two months of 2015 by selling 1.185 million vehicles worldwide: 2,000 more vehicles than the Detroit-based automaker.

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GM is actually looking at a possibility of finishing No. 5 worldwide by the end of the year of Hyundai-Kia can muster a little bit of a push. The Korean conglomerate is just 36,000 units beyond GM through February. (more…)

Global Auto Sales Expected to Near 90 Mil in 2015

“Slower, not lower,” IHS Automotive forecasts.

by on Feb.03, 2015

Ford has become one of the fastest-growing brands in China. But the market overall is slowing.

With the U.S. market continuing its rebound and Europe finally showing signs of recovery after a long economic slump, global auto sales are expected to reach a new record of nearly 89 million vehicles this year.

But with the Russian market slumping and China showing signs of a slowdown, IHS Automotive cautions, the pace of growth will be a “slower, not lower” 2.4% in 2015. All told, only two of the critical BRIC markets are expected to report sales gains.

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Already the world’s largest automotive market, China will continue to lead the way in 2015, IHS anticipates. But don’t expect the high double-digit growth that market had been experiencing earlier in the new millennium. The forecast is for something closer to 7%, which would still drive the Chinese market to sales of 25.2 million vehicles.


Toyota Takes Top Sales Spot in 2014

VW, GM look to make up ground and grab lead in 2015.

by on Jan.21, 2015

Toyota is the world's biggest selling automaker in 2014 with 10.23 million vehicles sold around the world.

The contest to see which automaker is king of the global sales mountain ended today with Toyota declared the winner with 10.23 million vehicles sold in 2014.

Volkswagen, which is attempting to capture the crown by 2018, came in second with 10.14 million units sold: a 4% increase over 2013. General Motors, which had held the title for decades, is third place with 9.92 million, which is a 2% jump.

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However, Toyota’s time atop the mountain is likely to end in 2015. The automaker predicted its global sales will drop in 2015 to 10.15 million units. While that may seem like an opportunity for VW to slide into the top spot this year, its U.S. sales have been sluggish. (more…)

Toyota Maintains Global Sales Lead – Barely

VW closing gap as GM settles into third spot.

by on Jul.30, 2014

Strong demand for new models, such as the redesigned Corolla, helped Toyota retain the sales lead for the first half of 2014.

While its lead has been narrowing, Toyota Motor Co. retained its crown as the world’s best-selling automaker during the first half of 2014.

The maker edged out rivals Volkswagen AG and General Motors in the global sales sweepstakes as demand for its cars, trucks and crossovers surged to 5.097 million between January and June, a 4% increase fueled by growth in markets ranging from U.S. and Europe to China and the Japanese home islands.

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That was not only an all-time record but exceeded forecasts – while positioning Toyota to meet a goal of becoming the first automaker ever to sell 10 million vehicles in a single year. VW is also shooting for the 10 million mark, though preliminary data indicate it only tallied sales of 4.97 million vehicles during the first half, GM following at 4.92 million.


GM Remains in Tight Race for Global Sales Leadership

VW holds tiny lead, but Toyota has yet to weigh in.

by on Jul.17, 2014

GM is hoping new product - such as the Chevy Colorado, shown here with product chief Mark Reuss - will help it regain global sales leadership.

Despite recalling millions of vehicles and watching billions of dollars in new legal claims pile up during the first half of the year, General Motors is still in a relatively close race for global sales leadership with rivals Volkswagen and Toyota.

GM has reported selling 2.5 million vehicles around the world during the second quarter of 2014, with year-over-year sales in the United States and China, the company’s two largest markets, growing by  7% and 8%, respectively. Globally, GM’s total sales were up 0.5% for the second quarter. In the first half, GM sold 4,921,928 vehicles, up 1.4%.

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Volkswagen AG, thanks to strong sales in China and a solid performance in Europe as well as gains by Audi and Porsche, held a whisker-thin lead with sales of 4.97 million vehicles worldwide during the first half of the year. VW is actively targeting global sales leadership – but the race likely won’t be determined until later this month when Toyota Motor Co. weighs in with its own figures.