General Motors Sees 14.5% Sales Growth in China to Start 2018
General Motors started its year in China with a 14.5% year-over-year jump in sales, delivering a total of 367,712 between its brands and the brands of its joint ventures. But for Wuling, every GM brand delivered year-over-year sales volume increases; Cadillac, Chevrolet, and Baojun all saw double-digit growth.
Cadillac delivered a record 20,222 vehicles in January, up 12.3% from January 2017 and putting the brand well on pace to make China its largest market for a second year in a row. Sales of the XT5 topped 7,600 delivered, XTS sales were up 32% at more than 6,000 delivered, ATS-L sales were greater than 5,300 vehicles, and CT6 sales climbed to more than 1,100.
Chevrolet sales were up 39.5% at 54,350 vehicles delivered, good for the brand’s biggest month of growth in just shy of three years. Sales of the Cavalier topped 19,000 vehicles, more than twice January 2017’s total, and Malibu sales doubled year-over-year to 12,000 delivered. Equinox sales totaled roughly 6,600 delivered.
Buick led GM in terms of volume with 113,007 vehicles sold, up 5.7% from January 2017. The Excelle GT led the way with sales of around 32,000, followed by the Verano at more than 18,000 sold, and GL8 MPV at more than 14,000 sold.
Baojun sales were up 36% at 92,356 vehicles; sales of the Baojun 510 topped 43,000, good for its 10th month as the brand’s best-selling vehicle, while Baojun 310 sales surpassed 21,000 vehicles. Wuling sales were down 1.9% at 87,777 vehicles delivered.