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GM’s China September Sales Gain 14% on Wuling, Cadillac Demand

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A General Motors Co. Cadillac SRX sports utility vehicle (SUV) is displayed at a dealership in Shanghai. Photographer: Tomohiro Ohsumi/Bloomberg

Oct. 10 (Bloomberg) -- General Motors Co., the largest foreign automaker in China, reported sales growth accelerated in the country last month, fueled by demand for its Wuling and Cadillac vehicles.

Total sales in September climbed 14 percent to 277,647 units, after expanding 11 percent the preceding month, the Detroit-based company said in a statement today. Deliveries of Wuling vehicles, which account for about half of GM’s China sales, gained 18 percent to 129,648 units last month.

GM’s sales in China have risen 11 percent this year to 2.31 million vehicles, keeping it on track to sell 3 million vehicles this year in the world’s largest auto market. The automaker is spending $11 billion by 2016 on new plants and products in China and will boost production capacity to five million vehicles annually by 2015.

Buick deliveries rose 14 percent to 71,002 units last month, helped by demand for the Excelle line, while Chevrolet sales gained 2 percent to 57,285 vehicles.

Demand for the upscale Cadillac marque surged 74 percent to a record 4,496 vehicles on deliveries of the XTS sedan and SRX crossover. The low-cost Baojun brand sold 9.6 percent more vehicles at 10,028 units, the company said.

GM plans to introduce 17 new models this year in China, its largest market, focusing on sport utility vehicles and luxury models. The automaker is looking at adding nine new or refreshed SUVs in China over the next five years.

To contact Bloomberg News staff for this story: Alexandra Ho in Shanghai at aho113@bloomberg.net

To contact the editor responsible for this story: Young-Sam Cho at ycho2@bloomberg.net

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