GM China Sales Decrease 6 Percent In 2020 Calendar Year

By Hootinanny / February 11, 2021

GM China sales decreased six percent to 2, 901, 102 units during the complete 2020 season. Sales decreased at the Chevrolet plus Baojun brands, while increasing with Buick , Cadillac   and Wuling.

Sales were impacted by the COVID-19 pandemic during the first quarter plus started to recuperate in the second quarter . Transport posted a strong rebound in the 2nd half, led by SUVs, MPVs and luxury vehicles.

“In revenge of the unprecedented challenges that 2020 brought, we focused on keeping our own people safe, enhancing our item lineup with launches that would fulfill our customers’ needs, and speeding up our move toward an all-electric future, ” said GM Professional Vice President and President associated with GM China, Julian Blissett, inside a statement. “We expect China’s automobile market to continue growing in the long term and also have a positive outlook on 2021, ” he added.

GENERAL MOTORS China accelerated its new power vehicles (NEV) development and produced solid progress on its generate to a zero-emissions future. Its NEV sales in 2020 grew four-fold from a year earlier. In the next 5 years, more than 40 percent associated with GM’s new vehicle launches within China will be NEVs, supported with the introduction of the company’s state-of-the-art Ultium battery platform.

SAIC-GM Product sales –  2020 Calendar Year

The 2020 calendar year sales outcomes at SAIC-GM – GM’s principal joint venture in China responsible for Buick, Chevrolet and Cadillac brands – decreased 5 percent to 1, 406, 606 units:

Buick sales   increased  4. 1% to  885, 207 units

  • Sales has been driven by strong demand with regard to premium MPVs and SUVs
  • Sales of Buick’s group of utility vehicles surged 50. 1%

Chevrolet sales   decreased  30. four percent to  290, 872 systems

  • Within 2020, Chevrolet introduced the new Menlo EV as brand’s first electrical vehicle in the Asian country

Cadillac sales   increased  7. 9 % to  230, 527 units

  • Growth has been led by the brand’s family of resources – the XT4 , XT5 and XT6 – whose combined sales increased 40. 3 percent from a calendar year earlier.

SAIC-GM-Wuling Sales  –  2020 Calendar Year

The 2020 calendar year sales outcomes at SAIC-GM-Wuling –  GM’s additional Chinese joint venture responsible for Wuling plus Baojun brands- decreased 7. two percent to  1, 494, 496 units:

Baojun  sales  decreased  33. 9 % to  402, 210 units

  • In 2020, the brand maintained an intensive item launch cadence to expand the portfolio

Wuling sales  increased 8. 6 percent to  1, 092, 286 units

Sales Results – Q4 2020 – China – GM Counts

BRAND Q4 2020 and Q4 2019 Q4 2020 Q4 2019 YTD 2020 / YTD 2019 YTD 2020 YTD 2019
BAOJUN TOTAL -30. 17% 125, 837 180, 196 -33. 88% 402, 210 608, 269
WULING TOTAL +35. 26% 373, 579 276, 200 +8. 84% 1, 092, 286 1, 003, 611
CHEVROLET TOTAL -16. 32% 84, 818 101, 363 -30. 41% 290, 872 418, 1000
CADILLAC TOTAL +55. 58% 80, 064 51, 461 +7. 87% 230, 527 213, 717
BUICK TOTAL +27. 79% 290, 027 226, 954 +4. 14% 885, 207 850, 007
GM CINA TOTAL +14. 13% 954, 325 836, 174 -6. 22% 2, 901, 102 3, 093, 604

About The  Numbers

  • All percent change statistics compared to  GM  China sales for 2019 yr , unless noted otherwise
  • GM China sales figures  represent retail  sales
  • GM does not provide individual product sales performance of sales in China and taiwan

Further Reading through & Sales Reporting

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