USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Motoring

GM China sales fall 1.9%, luxury brands up in April

Xinhua | Updated: 2017-05-05 09:40

GM China sales fall 1.9%, luxury brands up in April

Attendees visit the General Motors Co (GM) Cadillac booth at the Auto Shanghai 2017 vehicle show in Shanghai, April 20, 2017. [Photo/VCG]

CHICAGO - General Motors (GM) announced on its website Thursday that the US automaker and its joint ventures in China sold 272,770 vehicles in China in April this year, down 1.9 percent year on year.

Overall, GM's sales in China in the first four months of this year dropped 4.5 percent.

The Detroit-based automaker attributed the sales decline to an earlier Chinese holiday and the reduction of a purchase tax incentive.

However, luxury Cadillac and Baojun brands set sales records in April.

To be specific, sales of Cadillac brand in China soared 98 percent year on year to 13,903 units in April; that of Baojun climbed 58 percent to 60,000 units.

Sales of GM's luxury vehicles, SUVs and multi-purpose vehicles rose 14 percent year on year and accounted for about half of GM's total sales in China in April.

China is GM's largest sales market overseas. GM plans to launch 18 new or significantly modified vehicles in China this year, half of which are SUVs and multi-purpose vehicles.

As for other brands, Buick sales totaled 84,162 units in China in April, down 15 percent year on year; Wuling sales came to 82,679 units, down 16 percent; and Chevrolet sold 32,044 units, down 9.6 percent.

Most Viewed in 24 Hours
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US