GM sales in China top 2 million in 2011
17 October 2011
For the second time, General Motors has sold more than 2 million vehicles in China in a calendar year, reaching the milestone today. On 4 November 2010, GM became the first global automaker in China to sell 2 million vehicles in one year.
Demand in China this year for the Buick brand has risen 24%, Chevrolet 18% and Cadillac 73%. In addition, GM’s SAIC-GM-Wuling joint venture sold its 1 millionth vehicle in China this year on 14 Oct.
GM has 11 joint ventures, two wholly owned foreign enterprises and more than 35,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2010, GM sold more than 2.35 million vehicles in China, which represented 28.8% growth over the prior year. It has been the sales leader among global automakers in the market for six consecutive years.
At that rate, GM China will make and sell more vehicles than GM USA by 2020 or even before. How long will it take to sell made in China Buicks in USA?
Posted by: HarveyD | 17 October 2011 at 09:16 AM