General Motors has sold more than 2 million vehicles in China for the second year in a row – and despite the slight slowdown in the market – now the world’s largest – the U.S. maker appears set to post another yearly sales record.
The American auto giant reached the 2-million-unit-mark more than two weeks ahead of the date last year when it became the first global automaker to sell 2 million vehicles in China, GM reported
“This is another outstanding achievement for GM in the world’s largest vehicle market,” said Kevin Wale, president and managing director of the GM China Group. “Our key brands and many of our key products have continued to experience record demand despite intense competition.”
GM’s SAIC-GM-Wuling joint venture, which is targeted at customers in smaller cities and rural China, sold its 1 millionth vehicle in China this year on Oct. 14. In addition, demand in China this year for the Buick brand has risen 24%, with Cadillac up 73% and Chevrolet posting an 18% increase.
China is now the second-largest global market for Chevrolet – which has been pressing hard to expand outside its traditional base in North and South America. Sales surged 411% since the brand was introduced in China in 2005 – this year expecting to post another record after reaching 544,000 in 2010.