GM China July Sales Climb 13% on Chevrolet, Wuling DemandBloomberg News
General Motors Co., which sells more cars in China than any other market, posted a 13 percent increase in deliveries there last month led by Chevrolets and Wuling minivans.
The carmaker moved 249,734 units in the country in July, the Detroit-based company said in a statement on its website. Sales gained 11 percent in the first seven months of the year to 1.98 million vehicles.
GM is adding more new models and production capacity as it vies with Volkswagen AG for the crown of top foreign automaker in the world’s largest auto market. The German automaker outsold GM in China in the first half of the year.
Deliveries of Buick vehicles rose 1 percent last month from a year earlier, while Chevrolet sales increased 11 percent. Cadillac, GM’s premium marque, posted a 58 percent surge.
Sales of the Wuling minivan brand, about half of GM’s China total, gained 25 percent last month.
GM’s production capacity in China will be 65 percent higher by 2020 to cater to rising demand, Matt Tsien, the carmaker’s country head, said in April at the Beijing auto show. The company is introducing more than 60 new or refreshed models by the end of 2018, with 11 new SUVs as part of the lineup over the next five years, he said at the time.
— With assistance by Alexandra Ho