General Motors and its joint ventures delivered about 713,600 vehicles in China in the second quarter, narrowing its YOY declines from 43 percent in the first quarter to 5.35 percent from a year earlier, while China’s car market and economy have been recovering from the Covid-19 pandemic.
Buick delivered 213,500 units in the second quarter, an increase of 7.8 percent from a year earlier. Cadillac’s sales was about 58,500, 12.06 percent lower from a year ago. Chevrolet delivered 77,600 vehicles, down 27.78 percent from a year ago as cutting price fails to boost its sales.
Baojun’s sales declined the most among all these brands, a decrease of 30 percent to 94,100 from a year earlier. Wuling, the China’s leading mini-van brand, increased by 9.63 percent to 269,800.
China’s auto sales are expected to grow 11 percent to 2.28 million in June, indicating a growth for three consecutive months in the country’s auto market, according to data released by the China Automobile Dealers Association.
GM has already exceeded its plan of introducing 10 NEVs between 2016 and 2020, announced the firm. Following the Chevrolet Menlo, the all-new Baojun E300/E300 Plus and Wuling’s first all-electric models, the Rong Guang electric minivan and the Hong Guang MINI EV, recently joined the portfolio. The Buick VELITE 7 compact SUV will soon be added.
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