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GM China sales see 12% growth in third quarter

Mary From Gasgoo| October 12 , 2020

Shanghai (Gasgoo)- Deliveries of General Motors and its joint ventures in China exceeded 771,400 vehicles in the third quarter in the biggest auto market, representing an increase of 12% compared with the same period of last year, the automaker said on October, 12.

Along with the market recovery from the pandemic impact, several major brands from the company showed strong growth momentum in the quarter ending September 30. Buick delivered more than 250,000 vehicles in the quarter, jumping 26% from a year earlier. By model, the sales of the GL8 family grew 17% year on year to surpass 52,000 units while those of the Envision family surged 48% to over 34,000.

Cadillac’s deliveries topped 65,000 units, an increase of 28% from a year earlier. Its SUV portfolio, including the XT4, XT5 and XT6, posted steady growth, with collective sales of more than 40,000 units. In September, Cadillac introduced the 2021 XT4 with a price ranging from RMB 259,700 to RMB 391,700. The company said it has begun shipping the new model to dealers across the country.

GM China sales, China automotive sales,

XT4 (Image source: General Motors China)

Chevrolet sold more than 77,000 vehicles to customers in July to September. The introduction of the refreshed Equinox SUV and a five-seat variant to the Blazer SUV is expected to enhance its product portfolio.

Baojun sold over 100,000 units in the third quarter. Thanks to the brand’s efforts in electric vehicle segment, the combined sales of its four battery electric models – the E100, E200, E300 and E300 Plus – topped 10,000 units in the quarter.

Wuling also saw its sales grow in the third quarter. The brand sold 270,000 vehicles, representing an increase of 26% year over year. The sales of the Hong Guang MINI EV, its first all-electric model, exceeded 28,000 in the quarter.

Currently, GM has more than 10 new energy vehicle models in China. In the first three quarters, the year-to-date sales of these models more than doubled from a year ago. At the Tech Day in August, the company said that more than 40% of GM’s new products in China in the next five years will be electrified models, which will all be built in China, with almost all parts coming from local suppliers.

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