General Motors Q3 China sales drop, only Wuling sales growing
Shanghai (Gasgoo)- General Motors and its joint ventures delivered almost 20% fewer vehicles in China in the third quarter of this year when compared with the same span of last year amid global chip supply shortage.
Last quarter, the American company delivered 623,000 vehicles in the biggest market, down by 19.24% from a year earlier. By the end of September, its year-to-date deliveries in China amounted to 2.153 million vehicles, increasing 10.69% year on year.
Four out of its five brands saw year-on-year decline in third-quarter deliveries. Wuling was the only brand with year-on-year growth in the quarter. Thanks to the record-high deliveries of the Hongguang MINIEV (99,000), its quarterly deliveries topped 309,000 units. By the end of September, the brand has delivered over 1 million vehicles this year.
Buick delivered 166,000 units, decreasing from 250,000 units of last year. Deliveries of the Enclave jumped 42% year on year to nearly 8,000 vehicles while the VELITE 6 new energy vehicle family saw deliveries up 36% to 8,500 units.
Its luxury brand Cadillac delivered 59,000 vehicles in the third quarter. Demand for the XT6 three-row large luxury SUV remained strong, with sales increasing 40% from a year ago to over 9,300 units. Deliveries of the CT5 luxury sedan jumped 30% year on year to over 17,000 units.
Chevrolet delivered more than 49,000 vehicles in the period. Deliveries of the Menlo EV, the brand’s first NEV model, tripled to about 1,000 units.
Baojun’s quarterly deliveries slumped 60% from a year ago to 40,000 vehicles. The brand expanded its electric vehicle portfolio with the introduction of the KiWi EV. The combined sales of Baojun’s NEV lineup topped 6,200 units.
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