GM Sales in China Drop 8 Percent in
Second-Highest January sales ever despite
three fewer sales days
SHANGHAI – General Motors sales in China
in the first month of 2012 were down 8 percent from a year ago. There
were three fewer selling days in January this year as a result of the
Lunar New Year holiday.
Nonetheless, GM recorded its second-best
January ever in China. The automaker and its joint ventures sold 246,654
Domestic demand for Shanghai GM’s lineup
of passenger cars during the first month of the year totaled 124,073
units. Sales in China of SAIC-GM-Wuling’s mini-vehicles and passenger
cars totaled 119,948 units. FAW-GM, GM’s light-duty commercial vehicle
joint venture, sold 2,433 vehicles in China.
Buick sales in China were up slightly year
on year to 71,056 units. Demand for the original Excelle passenger car
lineup – which set an annual sales record for all domestic passenger
vehicle models in 2011 and was the top-selling passenger vehicle
industry-wide in China in 2011 – was up 1.9 percent on an annual basis,
reaching 28,680 units. Its siblings, the Excelle XT and GT, experienced
demand growth of 21.1 percent to 19,787 units.