General Motors Sets November Sales Record in China

AutoInformed.com

Chevrolet New Sail was developed by Shanghai GM and SAIC joint ventures. The $8,400 car is also exported to South America.

General Motors China and its Chinese-government mandated joint ventures reached a new November sales record in China, growing 11.2% to 196,990 units. GM also set double digit increase in its smaller U.S. home market as sales rose 21%. GM is on track to increase its U.S. market share this year for the first time in decades.

For the first 11 months of 2010, General Motors JV sales in China were up 32.7% to 2,172,395 units in what is the world’s largest and most robust auto market.  

Last month GM became the first global automaker in China to sell 2 million vehicles in a single year, and it is firmly entrenched in the number one spot.

Shanghai GM sales were 105,097 units, rising 33.4%. Domestic sales of Chevrolet models during the month totaled 58,977 units, an increase of 47.7% from last November. Both the Cruze sedan and New Sail (the old Sail was badged as a Buick) small car models set all-time records. Monthly sales of the Cruze surpassed 20,000 units for the first time, rising 71.8% year on year to 23,843 units. Demand for the New Sail, which entered the market at the beginning of 2010, reached 15,056 units.

Buick achieved a new sales mark for November, as demand increased 19.7% to 51,254 units. Sales of the Excelle passenger car (It’s a Buick here not a Hyundai) family rose 38.6% year on year to 30,830 units.

Cadillac had its second-best month ever in China, as November sales totaled 1,833 units. Demand for all three of its most popular models – the SLS luxury business sedan, CTS luxury sedan and SRX luxury SUV – was strong, GM said in a statement.

SAIC-GM-Wuling sold 84,879 mini-vehicles and FAW-GM sold 6,710 light commercial vehicles in China during November.

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