General Motors Sets New March Sales Record in China
General Motors and its Chinese joint ventures saw a combined 16% year-over-year sales increase in March, delivering a record 345,448 vehicles throughout the month. Not only is this total good for GM’s best March in China ever, but it also marks the company’s largest month of year-over-year growth since August 2016.
“SUVs, MPVs, and luxury vehicles will help us further tap into the market’s growth potential,” said GM Executive Vice President and GM China President Matt Tsien. “We will continue to expand and upgrade our offerings across segments. Many of our new models will be on display at this month’s Auto Shanghai 2017.”
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Indeed, SUV sales rose 45% year-over-year from March 2016, while MPV sales increased 23%. The Cadillac brand once again saw double-digit growth—skyrocketing 63% year-over-year—leading GM from the luxury perspective.
Cadillac set a new volume record for March with sales totaling 12,369 units delivered. The brand’s biggest seller was the all-new XT5 crossover, which accounted for more than one third of all Cadillac sales. Still, the ATS-L and XTS continued to carry their share, with the former delivering its ninth month of year-over-year growth and the latter getting a 13% sales boost.
Like Cadillac, Buick and Baojun set new sales record for the month. Buick sales were up 21% at 88,519 units delivered, led by the GL8 MPV and Envision. Baojun sales were up 81% year-over-year with 81,353 units delivered, led by the Baojun 310, Baojun 730, and recently-launched Baojun 510.
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