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GM, Ford January Sales Slump in China

Celebrations closed businesses all over the country.

by on Feb.10, 2017

Ford sales dropped 32% year-over-year in January due to the Chinese New Year celebrations.

The timing of the Chinese New Year and a tax hike took a heavy toll on new vehicle sales in China during January.

Both General Motors and Ford Motor Co., which finished 2016 with a jump in sales, saw their sales decline as the New Year celebration shut down businesses of all kinds across China.

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General Motors and its joint ventures sales declined 24% due to the earlier Spring Festival holiday and reduction in the vehicle purchase tax incentive, GM said in a statement. (more…)

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…)

GM Sales in China Rise in June

Buyers in world's largest market still gobbling up SUVs and MPVs.

by on Jul.07, 2016

GM Executive Vice President and GM China President Matt Tsien reported that the company's sales were up 11.2% in June.

General Motors continued to expand sales across China in the ongoing contest for position atop the world’s largest market for new vehicles.

GM and its joint ventures reported record June deliveries in China of 273,563 units, which was up 11.2% on an annual basis. The Buick, Cadillac and Baojun brands had their best June ever.

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Its strong performance in June enabled GM to set a first half record for deliveries in China. Demand was up 5.3% from the first six months of 2015 to 1.81 million units. (more…)

Ford, GM Report Better-Than-Expected March Sales in China

Ford sales increase while GM posts small drop as SUV sales reign supreme.

by on Apr.08, 2016

Sport-utes continue to be the savior of sales in China for General Motors and Ford.

General Motors and Ford Motor Co. succeeded in holding their ground or growing sales in China in the face of some major headwinds with help of strong showings by their luxury brands, Cadillac and Lincoln.

Ford reported 2016 as first quarter sales in China increased 14% compared to the same period last year, with 314,454 vehicles sold. Sales of Ford-branded vehicles reached 114,788 in March, up 5% compared with March 2015.

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Lincoln has also had a strong start to the year with 5,484 vehicles sold in the first quarter, a three-fold increase compared with the same time in 2015. Lincoln’s strong performance in the first quarter was supported by the growing number of dealerships, which reached 37 by the end of March, and Chinese customers’ positive reception of Lincoln SUVs, Ford officials noted. (more…)

General Motors China Sales Drop 9.3 Percent in February

Decline raises red flags about 2016 auto sales.

by on Mar.07, 2016

The Buick Envision helped push GM China's SUV sales up 115% in February. The company's overall sales were down 9.3%.

General Motors reported it sales in China dropped by 9.3% during February, reversing the sales gain the automaker reported during January and feeding the anxiety felt around the world about the outlook for the Chinese economy in general.

GM blamed the decline on seasonal factors, notably the early start to the Chinese New Year holiday, which shuts down commerce throughout China. But with concerns about the path of the Chinese economy rattling markets around the world, the decline in February is bound to feed the anxiety over future auto sales in China, which is now the world’s largest market.

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GM executives have predicted that new vehicle sales in China, where the automaker ranks just behind Volkswagen in total sales, would grow modestly 2016. (more…)

Global GM Sales Slip 1.3% for First 9 Months of 2015

But maker counters that sales rose in most key regions.

by on Oct.15, 2015

GM wants to build the best cars, not sell the most cars, says CEO Mary Barra.

General Motors sold 7.15 million cars, trucks and crossovers around the world during the first nine months of 2015. That was down 1.3% compared to the same period the year before.

The Detroit giant pointed to a number of problems it faced during the first three quarters, including a weakening market in China, as well as economic problems in South America. If anything, GM officials see the glass as more than half full, noting sales actually increased in four of the world’s largest markets, including the United States.

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“Our unwavering focus on the customer is paying off in our largest and most important markets as we execute one successful launch after another in the right segments,” said GM President Dan Ammann. “At the same time, we have reacted quickly to challenging macroeconomic environments in other markets and have shown the discipline to exit situations where we see no long-term path to acceptable returns.”

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GM, Ford Nissan All Take Sales Hits in China

Expectations low for industry’s August sales.

by on Sep.08, 2015

GM is hoping the Buick Envision will help its sales in China rebound in the second half of 2015.

Automakers are slogging through a tough auto market in China in 2015. General Motors, Ford and Nissan all posted losses in August on what is expected to be another down month overall.

GM was the most recent maker to take a hit, seeing sales drop 4.8% despite the introduction of a new SUV for its budget Baojun brand. Sport-ute sales have been hot in 2015, but GM’s new model wasn’t hot enough to offset losses in other areas.

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However, the maker’s sales through August were up slightly: 2.3%. The increase was driven by successful new product launches and an improved mix of SUVs and MPVs. (more…)

GM Sets New Sales Record – Again – in China

Another month, another record?

by on May.08, 2012

The Buick Envision concept car at last month's Beijing Motor Show.

Another month another record seems to have become the prevailing pattern for General Motors in China. The U.S. giant and its various Chinese joint ventures set a domestic sales record for April of 227,217 vehicles.

Demand was up 11.7% from the same month in 2011, GM reported as it continues to defy the slowdown in China’s vehicle market due to the strength of the Wuling brand, which is marketed to customers in China’s vast interior.

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GM has also been gaining traction with the all-new Baojun brand.  Launched late last year, it’s a joint effort of the U.S. maker and partners SAIC and Wuling.  Baojun is specifically targeting the next generation of first-time buyers as China’s economic boom spreads from the Pacific Coast to the country’s interior and western provinces.

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