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General Motors sold 1.03 million vehicles in Chinese market, up 18.5% y-o-y

Tony From Gasgoo.com| January 10 , 2008 17:06 BJT
Shanghai. January 10 (Gasgoo.com) – General Motors has sold 1,031,974 vehicles in Chinese market in 2007, up 18.5 percent from one year earlier, the company announced today.
 
Shanghai GM sold 479,427 vehicles in domestic market (not including exports), up 16.9 percent from one year earlier. Buick, Shanghai GM’s best selling brand, sold 332,115 vehicles, of which the most popular Excelle sold an impressive amount of 197,072 vehicles. Shanghai GM also sold 42,000 GL8 MPV vehicles.
 
In luxury car segment market, Shanghai GM sold 77,000 Park Avenue and Lacrosse vehicles, 7,040 Cadillac and 618 Saab vehicles.
 
In minivan segment, SAI-GM-Wuling, a joint venture in which General Motors holds a 34 percent stake, sold 548,945 vehicles, up 20.1 percent from one year earlier. The best selling model, Wuling Sunshine sold a surprising amount of 367,744 vehicles, the best selling model in Chinese market.

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