Showing posts with label Wuling. Show all posts
Showing posts with label Wuling. Show all posts

Friday, 16 October 2015

!NEW! GM Sold 7.2 Million Vehicles in the First Nine Months of 2015


General Motors Co. (NYSE: GM) sold 7.2 million vehicles globally in the first nine months of 2015. The company posted sales increases in four of its five largest markets, with record sales in China and strong retail sales gains in the United States. Total sales were down 1 percent, due primarily to the company’s previously announced decisions to strategically reduce its presence in certain markets, as well as difficult market conditions in South America.

“Our unwavering focus on the customer is paying off in our largest and most important markets as we execute one successful launch after another in the right segments,” said GM President Dan Ammann. “At the same time, we have reacted quickly to challenging macroeconomic environments in other markets and have shown the discipline to exit situations where we see no long-term path to acceptable returns.”
Examples of GM’s recent success include:

  • GM truck sales in North America were up 16 percent in the first nine months of 2015, driven by a 17 percent increase in Chevrolet truck deliveries in the United States.
  • Chevrolet had record crossover sales in North America in the same period, up 17 percent year over year.
  • In China, crossovers like the Chevrolet Trax and Buick Envision represented more than 17 percent of sales by GM and its joint ventures in September, up from 6 percent a year ago.
  • Cadillac had record sales in China with deliveries rising 12 percent to nearly 57,000 units.

GM is preparing to launch even more new trucks and crossovers during the next several months, including the all-new Cadillac XT5, a redesigned Chevrolet Silverado and a diesel-powered Chevrolet Colorado for North America, and the Baojun 560 in China. Key car launches include the all-new Chevrolet Malibu and Cruze in North America and the all-new Opel Astra in Europe.

Additional Highlights (vs. 2014)

First Nine Months 
  • In the United States, Chevrolet has reported six consecutive months of retail sales and market share gains and has strategically reduced sales to rental companies by more than 50,000 units through September.
  • Opel / Vauxhall increased its European market share and grew sales in 19 countries, including Italy, Spain, France, the U.K. and Germany.
  • Buick had record deliveries in China, with sales up 4 percent to nearly 670,000 units.
  • Baojun had record sales, with deliveries rising 236 percent to more than 270,000 units.
  • GMC’s global sales increased 11 percent, and four of the brand’s SUVs and pickup trucks – the Yukon, Yukon XL, Sierra and Canyon – have the highest average transaction prices of any vehicles in their respective segments in the United States, according to J.D. Power PIN estimates.

Third Quarter
  • Among GM’s largest markets, sales rose in the United States, the U.K. and Canada.
  • Opel / Vauxhall, Buick, Cadillac, GMC and Baojun all reported higher sales.
  • Chevrolet had record crossover sales in the United States, up 24 percent, while Chevrolet U.S. truck sales increased 16 percent.
  • Deliveries in South Korea were up 11 percent to record of nearly 43,000 units.
  • Global sales were down 3 percent.  

GM Global Sales: January - September 2015

Calendar Year-to-Date
Region Total  Sales YOY Change Pct. Change Total  Sales YOY Change Pct. Change
GM North America 930,758 46,110 5.2% 2,685,342 126,257 4.9%
GM Europe 287,690 3,137 1.1% 898,236 (60,131) (6.3%)
GM South America 150,142 (66,956) (30.8%) 485,557 (156,749) (24.4%)
GM International 191,847 (21,928) (10.3%) 589,854 (41,525) (6.6%)
GM China ** 773,226 (33,902) (4.2%) 2,492,428 38,215 1.6%
Total 2,333,663 (73,539) (3.1%) 7,151,417 (93,933) (1.3%)

Quarter 3
Calendar Year-to-Date
Sales by Brand **
Total  Sales YOY Change Pct. Change Total  Sales YOY Change Pct. Change
Chevrolet
1,078,847
(112,998) (9.5%)
3,291,133
(252,280) (7.1%)
Opel/Vauxhall
272,619
14,007 5.4%
864,338
31,256 3.8%
Buick
300,335
10,858 3.8%
852,289
21,635 2.6%
Cadillac
67,895
997 1.5%
198,993
6,228 3.2%
GMC
176,222
11,100 6.7%
499,343
48,933 10.9%
Baojun
110,977
69,395 166.9%
270,488
189,857 235.5%
Wuling
286,155
(55,358) (16.2%)
1,050,327
(100,110) (8.7%)
All Others
40,613
(11,540) (22.1%)
124,506
(39,452) (24.1%)
Total
2,333,663
(73,539) (3.1%)
7,151,417
(93,933) (1.3%)

Notes:
GM North America = United States, Canada, Mexico, and other North American markets*
GM Europe = Western, Central and Eastern Europe
GM International = Asia-Pacific, Africa and the Middle East*
** Includes China retail sales
* Cuba, Iran, North Korea, Syria and Sudan are excluded from sales volume calculations

Tuesday, 6 May 2014

!NEW! General Motors Sells April Record 278,263 Vehicles in China

Vehicle sales by General Motors and its joint ventures in China increased 6.3 percent on an annual basis last month to an April record 278,263 units.


Shanghai GM and SAIC-GM-Wuling, as well as their Buick, Chevrolet, Cadillac, and Wuling brands, all reached new highs for April sales.

Its strong performance took GM’s sales for the first four months of 2014 to a record 1,197,375 units, an increase of 11.0 percent on an annual basis. This is the eighth consecutive year and the earliest ever that GM has sold more than a million vehicles in a calendar year in China.

Shanghai GM’s domestic sales in April were up 5.8 percent year on year to 128,608 units, SAIC-GM-Wuling’s sales in China were up 7.4 percent to 144,729 units and FAW-GM’s sales in the domestic market were down 3.9 percent to 4,926 units.

Buick sales in the domestic market totaled 68,707 units in April, which was an increase of 2.7 percent on an annual basis. The original Excelle family had sales of 24,092 units, while sales of the Excelle XT and GT totaled 18,253 units. They were followed by the Regal, which sold 8,126 units, and the GL8, which sold 6,403 units.

Chevrolet sales in China rose 6.4 percent from the previous April to 53,810 units. Its best-selling model was the Cruze, whose sales increased 16.0 percent to 20,036 units. Following the Cruze was the Sail, which had sales of 16,598 units, an increase of 7.7 percent.

Cadillac sales were up 49.4 percent from last April to 6,091 units. It benefited from strong demand of 2,678 units for the XTS luxury sedan and 2,405 units for the SRX luxury utility vehicle.

Wuling sales in China rose 11.2 percent on an annual basis in April to 138,524 units. The Hong Guang family sold more than 60,000 units, which was an increase of 92.3 percent year on year.

Between January and April 2014, Shanghai GM had domestic sales growth of 9.3 percent to 550,430 units. SAIC-GM-Wuling generated domestic sales growth of 13.2 percent to 624,740 units. Both were new highs for the period. FAW-GM’s local sales were up 1.1 percent to 21,893 units.

In addition, during the first four months of 2014, Buick sales rose 11.2 percent year on year to 306,801 units, Chevrolet sales were up 2.8 percent to 222,181 units, Cadillac sales jumped 85.4 percent to 21,448 units, Wuling sales grew 14.9 percent to 599,157 units and Baojun sales were down 15.7 percent to 25,583 units.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 58,000 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 2013, GM sold nearly 3.2 million vehicles in China. 

Sunday, 20 April 2014

!NEW! General Motors Delivered 2.4 Million Vehicles Globally in Q1

General Motors Co. dealers delivered 2,416,028 vehicles around the world in the first quarter of 2014, up 2 percent compared with a year ago.

General Motors dealers delivered 2,416,028 vehicles around the world in the first quarter of 2014, up 2 percent compared with a year ago.

Among GM’s top five global markets by volume, China posted the largest year-over-year sales increase, with deliveries up 13 percent to a record 919,114 units. Sales in the United Kingdom and Germany were also up, and Opel/Vauxhall grew its share in 10 European markets.

“We are very encouraged by our results in China, where we outperformed the industry, and in Europe, where Opel’s sales and the economic outlook are improving at the same time,” said GM President Dan Ammann. “We continue to be optimistic about the United States because our award-winning new products are performing well and we have more on the way. South America continues to be challenging for Chevrolet, where we face currency and other challenges, especially in Venezuela.”

First Quarter Highlights (vs. 2013)
  • In Europe, GM’s improving market position is linked to the Opel Mokka and the new Opel Insignia flagship sedan. Cumulative Mokka orders have surpassed 215,000 units since it was launched in fall 2012, while Insignia has topped 85,000 units since it was launched in fall 2013.
  • GM sales in China set a record in the first quarter. In addition, 2014 deliveries surpassed 1 million units in early April. This is the earliest sales have reached the seven-figure range.
  • Buick, which celebrated the best year in the brand’s 110-year history in 2013, posted a 14 percent global sales increase.
  • Cadillac’s global sales were up 9 percent and sales in China more than doubled to 15,357 units.

GM’s global market share was 11.1 percent, which is down two-tenths of a point from a year ago. However, Opel/Vauxhall gained market share in 10 European markets, including Germany. GM also gained market share in China due to the ongoing success of Buick and Wuling, as well as the growth of Cadillac.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. 

Tuesday, 15 April 2014

!NEW! General Motors Sells 1 Millionth Vehicle in China in 2014


General Motors and its joint ventures today sold their 1 millionth vehicle in China in 2014. This is the eighth consecutive year that GM has sold more than one million vehicles in a calendar year, and the earliest it has reached the 1 million mark.


GM first sold 1 million vehicles in China in 2007, when it achieved the milestone in December. Last year, GM hit a million on April 22.

During a ceremony at GM China’s headquarters in Shanghai on April 21, GM will hand over the keys of the 1 millionth vehicle – a Chevrolet Trax small SUV – to its new owner.

"General Motors has made China a global priority, expanding both our brand and product lineup to keep up with the changing demands of the market,” said GM Executive Vice President and GM China President Matt Tsien. “We appreciate the support that we have received from our partners, our joint ventures and, most important, our customers in China."

GM currently offers more than 40 models under seven brands in China. Its products range from mini-cars to luxury sedans, and from mini-commercial vehicles to light-duty trucks. GM and its joint ventures will be showcasing several of their current products along with many new models next week at Auto China 2014 in Beijing.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 58,000 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 2013, GM sold nearly 3.2 million vehicles in China.

Monday, 22 April 2013

!NEW! General Motors (GM) 2013 Sales Reach 1 Million in China

General Motors (GM) sold its 1 millionth vehicle in China yesterday, the earliest it has ever done this in a calendar year.

GM first sold 1 million vehicles in a single year in China in December of 2007. Last year GM reached the milestone on May 7. On April 22, GM achieved it again -- and the earliest in the company’s history.

“This is a great start to the year and a big accomplishment for our team,” said Bob Socia, President, GM China, and Chief Country Operations Officer, China, India and ASEAN. “We will continue bringing new products and expanding our dealerships to boost sales.”

GM and its joint ventures are adding to their product lineups by launching 17 new and upgraded models in China this year. They include the Chevrolet Cruze hatchback; the new Wuling Sunshine; two new Jiefang light-duty trucks, the S230 and F330; and the Insignia Sports Tourer (ST), Zafira Tourer and Astra GTC from Opel.

The company is also expanding its dealer network to make it easier for its customers in China to buy and service their vehicles. It is adding 400 dealers in 2013 alone, which will give it 4,200 dealers at year end.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 55,000 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 2012, GM sold more than 2.8 million vehicles in China. It has been the sales leader among global automakers in the market for eight consecutive years.