GM China’s 2010 sales numbers did not disappoint. They expected more than 2.3 million cars for 2010 sold in the Middle Kingdom, they got more than 2.3 million. 2,351,610 units, to be exact, up 28.8 percent compared to a very strong 2009. to a record in 2010. GM is the first global automaker to sell more than 2 million vehicles in China in a single year. And here is the breakdown:
- Shanghai GM ended 2010 with domestic sales of 1,033,307 Buicks and Chevys sold, up 42 percent.
- The SAIC-GM-Wuling joint venture contributed 1,226,860 delivery vans, but less growth: Wuling sales grew only 15.6 percent for the year, but they hold about 40 percent of China’s mini-commercial vehicle segment.
- GM’s new light-duty commercial vehicle joint venture, FAW-GM, sold 88,224 trucks in China in its first full year of doing business.
In 2010, GM sold 543,709 Chevrolets (up 63.4 percent), Buick sales rose 23 percent to 550,010 vehicles sold in 2010. Even Cadillac reported record sales: 17,366 units in 2010.
With these numbers, China is not only the world’s, but also GM’s largest auto market. GM sold 2,11,699 units in the U.S., and 2,351,610 in China.
GM’s press release says that “Shanghai GM became China’s first passenger car maker to sell 1 million vehicles annually,” something Volkswagen might contest. No VW numbers are out yet, but VW is expected to have sold a little bit less than 2 million passenger cars in China, albeit across two joint ventures, FAW-VW and SVW. The Chinese partners of both are also GM joint venture partners, so complaints from there.