An average of one vehicle every nine seconds and almost 9,700 vehicles each day made General Motors (GM) China double its sales from 6 percent to 12 percent in 2014, website Media.gm.com reported.
From 6 percent in October and November for the past years, GM China confirmed that they have surged their sales to 32 percent in December, having 3,539,970 sold from 3,160,377 vehicles in 2013.
According to Matt Tsien, GM's executive vice president and president of GM China, the company performed well with a 12-percent increase in total sales compared to 7.5 percent last year. It is noted that GM topped the overall car industry in China. GM experienced a strong demand on the luxury segment including the SUV and MPV, respectively, Tsien added.
Meanwhile, GM and its joint ventures expanded their lineup by launching new and refreshed models in China. These innovations included the Buick Envision crossover, the Chevrolet Trax urban SUV and Sail 3 family car, the Cadillac ATS-L luxury sport sedan and 730 family vehicles, the website Media.gm.com revealed.
Shanghai General Motors Co., GM's passenger vehicle joint venture, launched the Buick Envision crossover and the Chevrolet Sail 3 subcompact car. These innovations brought 52 percent increase in sales every year to 191,181 strong volumes, the Automotive News China reported.
Sales of SAIC-GM-Wuling Automobile Co., GM's micro commercial vehicle partnership, increased 20 percent with 164,258 small multipurpose vehicles. However, sales of FAM-GM Light Commercial Vehicle Co., GM's truck joint venture, plunged 71 percent to 1,936 deliveries, the Automotive News China said.
The Automotive News China also revealed that Shanghai GM's sales rose 13 percent year-on-year to 1,710,025. Sales of SAIC-GM-Wuling increased 13 percent to 1,787,931, while FAW-GM's deliveries dropped by 29 percent to 41,702.
To date, GM has 10 joint ventures with two foreign enterprises. GM was established in 1908 and has 58,000 employees in China. In 2014, GM sold more than 3.5 million vehicles from passenger cars to commercial vehicles, the website Media.gm.com said.