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Posts Tagged ‘GM China sales record’

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…)

New Sales Record Can’t Push GM Past VW in China

GM finishes second for second consecutive year while Toyota is third.

by on Jan.06, 2015

Despite a record-setting performance in 2014, GM finished second to Volkswagen in China again.

With archrival Toyota beginning to retrench in the world’s largest market, General Motors and its joint ventures sold a record 3,539,970 vehicles in China in 2014, an average of one vehicle every nine seconds and almost 9,700 vehicles each day.

GM’s sales were up 12% from the previous high of 3,160,377 vehicles sold in 2013, but it wasn’t enough to pass market leader Volkswagen, which in 2013 emerged as the leading seller of new vehicles in China. Even Toyota’s sales were up 12.5%, but the company still finished a distant third behind VW and GM in 2014.

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VW sales rose 18% to more than 1.8 million vehicles, the company said today. That compares with GM’s 1.73 million units, an 11% increase. In 2013, the German automaker outsold GM in China for the first time in nine years. (more…)

GM Sets New October Sales Record in China

Lincoln expanding footprint there as economy begins to cool.

by on Nov.10, 2014

General Motors hit an October sales record of 291,371 vehicles in China.

General Motors routinely sell more cars in China than it does in the United States and October was no exception as GM and its joint ventures delivered 291,371 vehicles to customers in China last month, setting a new October record.

By comparison, GM sold 226,000 vehicles in the U.S. in October.

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GM also got some new competition in China as the Ford Motor Co.’s Lincoln division also has begun its push into the Chinese market. Lincoln opened its first three stores in Beijing, Shanghai and Hangzhou. (more…)

GM China Sales on the Rise During First Quarter

Automaker could hit record of 3.6 million units.

by on Apr.07, 2014

The Chevy Sail is Chevrolet's second-best selling vehicle in China behind the Cruze.

General Motors, which could use a bit of good news these days, is off to a fast start in the Chinese market where GM’s total sales could top 1 million units by the middle of April as the auto giant and its partners fight to regain the leadership in China from rival Volkswagen AG.

GM and its joint ventures had record sales in China during March and the first quarter of 2014 sales in March increased 7.8%, raising GM’s domestic sales in China during the first quarter to 919,114 units – an increase of 12.6% from the same period a year ago.

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The automaker posted record sales of 3.2 million units in 2013 and the strong first quarter sales leave it on track to hit 3.6 million units. (more…)