GM Delivers 835,934 Vehicles in China in Third Quarter
Mon, October 8, 2018
SHANGHAI – General Motors and its joint ventures delivered 835,934 vehicles in China in the third quarter of 2018. Sales were down 14.9 percent from a year earlier due to the softening vehicle market.
In the first nine months of the year, GM deliveries in China declined 2.5 percent on an annual basis to 2,680,330 units.
GM is building market resilience through an improved product mix, with a focus on SUVs, MPVs and luxury vehicles – the segments with the strongest demand. It launched four new models in the past three months and has two additional launches planned in the fourth quarter.
To better meet customers’ needs for connected vehicles, it was announced in August that all new owners of Buick, Chevrolet, and Cadillac vehicles with OnStar connectivity will receive 24G of free data each year for life.
- Cadillac sales grew 4 percent from a year earlier to 46,020 units, achieving a new third quarter record.
- The XT5 luxury SUV remained the brand’s best-seller, with deliveries of 14,986 units.
- Sales of the XTS luxury sedan jumped 29 percent to 13,784 units.
- The CT6 prestige sedan had 28 percent growth in sales to 3,843 units.
- The XT4 compact luxury SUV was launched in August, becoming the brand’s first entry in one of the market’s fastest-growing segments.
- Chevrolet continued its product changeover, delivering 118,240 units.
- Chevrolet’s best-selling nameplate, the Cavalier, had a sales increase of 6.3 percent to 48,482 units.
- The Equinox global SUV achieved sales growth of 29 percent to 18,561 units.
- In September, the Orlando seven-seater was launched to meet the needs of consumers with varied lifestyles.
- Buick sales totaled 251,581 units.
- The brand is undergoing a technology changeover, shifting to the use of cutting-edge small displacement engines that offer further improved performance and efficiency.
- Buick’s best-seller, the Excelle GT sedan, sold 61,512 units.
- The Buick Regal sedan had deliveries of 26,994 units, up 73 percent from a year earlier.
- Baojun deliveries totaled 188,751 units.
- The Baojun 510 SUV, with 70,415 units sold, remained the brand’s best-seller.
- The Baojun 360, a new six-seat MPV for commuting and family use launched in May, had deliveries of 29,042 units.
- Baojun’s second electric vehicle, the E200, went on sale in September; it includes more than 200 upgrades from its popular sibling, the E100 electric vehicle.
- Wuling sold 231,342 units, sustaining its leadership in mini-commercial vehicles.
- The Hong Guang MPV family, Wuling’s best-selling series and China’s top-performing MPV nameplate, had deliveries of 92,983 units.
General Motors Co. (NYSE: GM) is a global company committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Holden, Baojun, Wuling and Jiefang brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, and Maven, its personal mobility brand, can be found at http://www.gm.com.