General Motors Sets New January Sales Record in China

First Month Sales Top 200,000 Units

2010-02-04

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Shanghai – General Motors and its joint ventures in China sold 219,192 vehicles in January.  GM both topped 200,000 unit sales for the first time and set a new sales mark for the month of January in China.  Sales were up 97.0 percent from the first month of 2009.

“Demand in January was strong in nearly all market segments,” said Kevin Wale, President and Managing Director of the GM China Group.  “It is a positive sign for 2010 as a whole following last year’s industry record.”

Wale added, “GM continued to address the needs of our customers by rolling out a new small car, a new lower-medium product and a new light truck in January.  Our goal is to remain the market leader among global automakers in the world’s largest vehicle market.”

Sales of vehicles by Shanghai GM jumped 150.1 percent on an annual basis to 90,202 units, its highest January sales ever.  Sales of both Buick and Chevrolet also reached all-time highs for the first month of the year.  

Buick sales rose 90.6 percent to 46,853 units.  All of the brand’s passenger car models enjoyed sales growth, with demand for the new LaCROSSE surpassing 9,000 units for the second consecutive month.  The launch of the Excelle XT coupe-like sedan further strengthened Buick's momentum.

Chevrolet sales jumped 206.8 percent to 49,475 units due largely to strong sales of the Lova and Epica. The Chevrolet New Sail small car got off to a solid start, with 6,924 sold in its first month on the market.  Sales of the Cruze, Chevrolet’s most popular model in China, surpassed 17,000 units in January.

Cadillac also had a strong start to the year, with sales rising 167.1 percent.  Sales of the luxury brand benefited from demand for the new SLS rising more than 500 percent.

SAIC-GM-Wuling had record January sales of 119,969 units, which represented a year-on-year increase of 59.6 percent.  Its three volume models – the Wuling Sunshine and Wuling Rong Guang minivans and Chevrolet Spark mini-car – all delivered best-ever monthly sales.

FAW-GM also enjoyed its best monthly sales since its establishment last August.  Demand for the joint venture’s light-duty commercial vehicles totaled 8,795 units.  In January, FAW-GM introduced the new flagship model in its Jiefang 501 truck series.

General Motors, one of the world's largest automakers, traces its roots back to 1908.  With its global headquarters in Detroit, GM employs 204,000 people in every major region of the world and does business in some 140 countries.  GM and its strategic partners produce cars and trucks in 34 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Jiefang, Opel, Vauxhall and Wuling. GM is the joint global automobile partner of World Expo 2010 Shanghai along with Shanghai Automotive Industry Corporation Group (SAIC). More information on the new General Motors can be found at www.gm.com.

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Hua Foley

General Motors China

(+86-21) 2898-7658

hua.foley@gm.com