In 2007 General Motors broke Chinese sales records with over one million vehicles sold. That sounded pretty impressive at the time, but just three years later GM’s sales have come so far so fast that as of May 2010, General Motors is now officially selling more vehicles in the Land of the Great Wall than it is in the States.
The Detroit Bureau of Automotive News reports that GM’s China sales are up 54 percent in 2010 versus the first five months of 2009, with 1,032,665 cars and trucks sold so far this year. While General Motors sales here in the U.S. continue to increase, they are not increasing at as fast a pace, with 882,277 units sold during the same period.
The biggest reason GM’s sales continue to outpace the growth of its competition is the shot in the arm provided by the Chevrolet brand. The Chevy brand’s sales are up 104 percent on the year, led by a 113 percent increase in sales of the Cruze (the Chevy Cruze, shown above, will be introduced in the U.S. market in Sept 2010). GM sold 14,524 units of the Cruze in May alone, while the new-for-2010 Sail already hit 7,616 sales. While Chevy is quickly growing in the Chinese market, the still hot Buick brand is starting to show some signs of leveling off. Sales of the Tri-shield are up a mere 22 percent so far this year. Cadillac appears to be stealing a bit of Buick’s thunder as well, as the Wreath and Crest is up 98 percent on the year.
Global sales success for General Motors bodes well for a strong recovery here in the U.S. as international revenue will continue to drive product innovation and accelerate the launch of new models. With momentum on GM’s side, good things are bound to happen.
Here is a look at some of GM’s current International Product Offerings…. which model would you like to see brought to the U.S.?
GM Holden VE Commodore SS V sold in Australia
GM City Car – shown in Beijing, China
GM Open Amphera – Extended Range Electric Vehicle coming to Europe in 2011
GM Chevrolet Spark – targets Tata Nano in India and China – coming to US in 2012
GM Buick Regal … look familiar? … this one is sold in China!
GM Chevrolet S3X – for the Chinese market
GM Chevrolet Sail – introduced in China in 2010
Could it be?…. GM’s Urban Transport EV Concept shown in Beijing, China
Wonderful blog! I found it while surfing around on Yahoo News.