GM's November China sales up 14 on demand for SUVs, crossovers

SHANGHAI -- Gm' China deliveries increased for the second straight month in November, with revenue up 14% year on year to 346,671 automobiles on robust demand for its SUVs and cross-overs.
Last month, GM's sales of sport utility vehicles and cross-overs soared 231% year on year, led by the Buick Visualize and Baojun 560 compact cross-overs. In November, SUVs and crossovers accounted for 19% of GM's revenue in China, in line with the organization.
Buick, Cadillac and Baojun each realized monthly report highs in November.
Buick revenue soared 45% year on year to 107,925 automobiles on robust need for SUVs and cross-overs, plus two versions found in China this year: the Excelle GT and the Verano.
Cadillac revenue soared 57% to 7,935 automobiles, led by the long-wheelbase variant of the ATS sedan. Baojun deliveries attained 58,051 autos, doubling its revenue a year before, thanks to the explosive revenue increase of the Baojun 560.
By comparison, Chevrolet sales fell 11% year on year to 51,192 automobiles last month, due to the change-over of the Lova sub-compact and the Malibu mid-size sedan. Income of the Wuling brand also fell 10 per cent to 121,451 automobiles as Chinese auto shoppers continue to migrate from mini-buses to cross-overs and multi purpose automobiles.
General Motors Corporation's joint-venture with Shanghai Automotive Industry Corp. -- SAIC General Motors Co. -- constructs Buick, Chevrolet and Cadillac models in China. Another joint venture, SAIC-GM-Wuling Vehicle, makes Baojun-brand automobiles and Wuling-badged microvans and compact MPVs.
General Motors Corporation also sells a few imported Opel automobiles in China. Opel revenue are not accessible.
Through November, General Motors and its own two joint ventures offered 3.17 million automobiles in China, up 4.1% from the same period last year.

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06.12.2015
ID:3360

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