{"id":122137,"date":"2018-01-04T13:06:35","date_gmt":"2018-01-04T18:06:35","guid":{"rendered":"http:\/\/www.thedetroitbureau.com\/?p=122137"},"modified":"2018-01-04T13:07:18","modified_gmt":"2018-01-04T18:07:18","slug":"gm-sales-top-4m-in-china-for-first-time","status":"publish","type":"post","link":"https:\/\/thedetroitbureau.com\/2018\/01\/gm-sales-top-4m-in-china-for-first-time\/","title":{"rendered":"GM Sales Top 4M in China for First Time"},"content":{"rendered":"
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GM Executive Vice President and GM China President Matt Tsien said the automaker set a new sales record in China.<\/figcaption><\/figure>\n

General Motors and its joint ventures sold more than 4 million vehicles in China last year, marking the first time its topped that mark, the automaker said. The total accounts for more than half of the company’s global sales.<\/p>\n

GM’s retail sales in China totaled 4,040,789 units, up 4.4% from the previous high in 2016. China was GM\u2019s largest retail market for the sixth consecutive year. In contrast, GM sold barely more than 3 million vehicles in the United States.<\/p>\n

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Global Auto News!<\/figcaption><\/figure>\n

GM Canada sold 302,826 vehicles in 2017, up 13.3% over the previous year. Other regions haven’t reported but the company pulled out of the European market in last summer by selling its stake its stake in Opel and Vauxhall to PSA.<\/p>\n

GM benefited from record domestic sales in China by the Cadillac, Buick and Baojun brands, said Matt Tsien, GM executive vice president and president of GM China.<\/p>\n

\u201cConsumers\u2019 trust in our brands will help us achieve sustainable and high-quality growth going forward,\u201d Tsien said. \u201cWe will continue to bring the right products and technology to market to meet increasingly diverse demands for personal mobility.\u201d<\/p>\n

(GM enjoys strong November sales in China. <\/em>Click Here<\/a><\/span>\u00a0for the story.)<\/em><\/strong><\/p>\n

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Cadillac has done well in China, helping GM set a new sales record this year.<\/figcaption><\/figure>\n

In 2017, GM added 18 new and refreshed models in China. The improved product mix contributed to robust performance across segments \u2013 especially SUVs and luxury vehicles. GM\u2019s SUV sales in China surged 37% last year.<\/p>\n

Cadillac, which has had 22 months in a row of double-digit sales growth, posted a sales increase of 51% to 175,489 units in 2017. The new vehicles included the XT5 luxury SUV, ATS-L sport sedan and new XTS luxury sedan. Last year, China surpassed the United States as the brand\u2019s largest retail market for the first time.<\/p>\n

Buick, GM\u2019s best-selling brand in China, posted sales exceeding 1.18 million units. Buick\u2019s leading position in the mainstream passenger car market was strengthened by seven product launches in 2017. They included the GL6 MPV and Excelle GX wagon, which feature GM\u2019s new highly efficient Ecotec 1.0T and 1.3T turbocharged engines.<\/p>\n

(<\/em>Click Here<\/a><\/span> for details about China banning production of 553 models.)<\/em><\/strong><\/p>\n

Chevrolet boosted sales China, with double-digit growth in the second half of the year. Its sales for 2017 as a whole were up 4.2%\u00a0to 547,561 units. The Equinox global SUV, a key driver of the brand\u2019s portfolio upgrade since its introduction in April, established itself in one of the most competitive market segments. Sales of the Malibu family, Chevrolet\u2019s flagship sedan, rose 51% and accounted for about 22% of the brand\u2019s deliveries.<\/p>\n

Baojun sales in 2017 jumped 45% to 996,629 units. Its strong momentum was led by the 510 small SUV, which was launched in February and became the brand\u2019s best-selling nameplate in 2017. Baojun also benefited from making automatic transmissions available across its mainstream lineup ahead of its entry-level rivals, GM said.<\/p>\n

Wuling sustained its leadership of the mini-commercial vehicle segment. Deliveries totaled nearly 1.14 million units despite the segment\u2019s contraction. The brand broadened its presence in China\u2019s passenger car market, as the Hong Guang S3 MPV joined the popular Hong Guang family.<\/p>\n

(To see more about Mary Barra\u2019s vision of GM\u2019s future, <\/em>Click Here<\/a><\/span>.)<\/em><\/strong><\/p>\n

GM accelerated its drive to zero emissions with the launch of the Buick Velite 5 extended-range electric vehicle and Baojun E100 electric vehicle in 2017. These products fortified the company\u2019s unmatched lineup of domestically built electrified passenger vehicles.<\/p>\n","protected":false},"excerpt":{"rendered":"

General Motors sold more than 4 million vehicles for the first time in China last year. The country is the company’s largest market by more than 1M units. Find out more at TheDetroitBureau.com.<\/p>\n","protected":false},"author":20009,"featured_media":105993,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[7,8,5],"tags":[],"make":[41,43,58],"post-state":[],"category_old":[151,192,185,287,243,139],"acf":[],"_links":{"self":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/122137"}],"collection":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/users\/20009"}],"replies":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/comments?post=122137"}],"version-history":[{"count":0,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/122137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media\/105993"}],"wp:attachment":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media?parent=122137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/categories?post=122137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/tags?post=122137"},{"taxonomy":"make","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/make?post=122137"},{"taxonomy":"post-state","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/post-state?post=122137"},{"taxonomy":"category_old","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/category_old?post=122137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}