For some makers, China has cooled down; however, General Motors and Ford continue to enjoy impressive sales results in 2016. GM surpassed 3 million vehicles for the year in October as Ford continued its run of double-digit sales jumps last month.
With its eye on a new record, GM China reported sales increased 5.7% during October to 345,733 vehicles in China. In the first 10 months of 2016, the jump in retail sales by GM and its joint ventures was even higher – 8.6% on an annual basis – raising the total to 3,064,048 units.
“GM and our joint ventures reached 3 million deliveries in record time, as sales remained strong across many segments,” said GM Executive Vice President and GM China President Matt Tsien.
“We are pleased with the overall performance of our mainstream Cadillac, Buick and Chevrolet brands as well as the Baojun and Wuling brands in the highly competitive marketplace.” (more…)