GM’s China Sales Gain 9.4% in May on Demand for Buick VehiclesBloomberg News
General Motors Co., the largest foreign automaker in China, reported a 9.4 percent gain in new sales last month on demand for Buick cars.
GM delivered 252,942 units in May, after a 15 percent increase in the preceding month, according to a statement by the Detroit-based company today.
Buick-branded vehicles led the rise, gaining 23 percent from a year earlier to 63,007 units, the company said. Chevrolet sales rose by 4.1 percent to 50,531 units, while Cadillac deliveries jumped 74 percent to 3,843 units on the SRX crossover and XTS sedan.
GM is stepping up its efforts in China as it works to consolidate its position and fend off Volkswagen AG in its largest market. In the first three months of this year, GM outsold Volkswagen for the first time in three quarters.
Its light commercial vehicle segment, Wuling, gained 1.7 percent to 121,756 units while it sold 74 percent more of the low-cost Baojun brand at 8,706 units.
— With assistance by Alexandra Ho, and Jie Ma