GM’s China Sales Rise 9.2% in May on Buick, Chevy Demand

General Motors Co. (GM) said the increase of its deliveries in China accelerated in May on demand for Buick and Chevrolet vehicles after posting the slowest growth in 14 months.

Deliveries in its biggest market climbed 9.2 percent to 276,109 vehicles last month, compared with 6.3 percent in April, according to a statement by the Detroit-based automaker on its website.

Among its brands, Buick sales climbed 15 percent, while Chevrolet deliveries rose 13 percent. Cadillac sales climbed 59 percent to 6,118 units in May, with the company targeting to deliver more than 100,000 units of its premium marque in China by the end of next year.

GM is competing with Volkswagen AG to be the best-selling foreign automaker in the world’s largest vehicle market, with the German automaker signaling its ambition to maintain its sales lead over the biggest U.S. carmaker. They are competing in a market where consumers are bringing forward purchases in anticipation more cities will implement ownership restrictions to fight pollution and congestion.

Deliveries of Wuling, the mini-commercial vehicle brand, gained 5.6 percent to 128,596 units, the lowest monthly tally so far this year. Sales of the low-cost Baojun brand fell to 8,029 units in sales from 8,706.

GM is boosting its capacity in China by 65 percent by 2020 to cater to rising demand, Matt Tsien, the country head, said in April at the Beijing auto show.

To contact Bloomberg News staff for this story: Tian Ying in Beijing at ytian@bloomberg.net

To contact the editors responsible for this story: Young-Sam Cho at ycho2@bloomberg.net Chua Kong Ho

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