Today, GM did something highly unusual: It abandoned all spin and said that sales in China were down pretty much across the board in February: “General Motors and its joint ventures sold 215,070 vehicles in China during February. Sales were down 10.6 percent from the same month last year due to the week-long Lunar New Year holiday falling in February this year.” We at TTAC understand. (Read More…)
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Tag: GM China
GM shows new vigor in its largest market China. October sales across all of GM’s Chinese joint ventures were up 14.3 percent on an annual basis. The Chinese market is of increasing importance for GM. In the first 9 months of the year, 30 percent of GM’s global sales were in China, trailed by the U.S. with 28 percent of GM’s global business. (Read More…)
Posted in China, News Blog, Nissan, Sales, Toyota
Tagged as Bertel Schmitt, China, GM China, October 2012, Sales
Tagged as Bertel Schmitt, China, GM China, October 2012, Sales
Some have quietly or openly been hoping the GM could cash-in on the misery of Japanese brands in China. It’s not happening. Sales across all of GM’s Chinese joint ventures were up a marginal 1.7 percent in September while sales of German marques received a boost. (Read More…)
Posted in China, Nissan, Sales, Toyota
Tagged as Bertel Schmitt, China, GM China, islands, Sales, September 2012
Tagged as Bertel Schmitt, China, GM China, islands, Sales, September 2012
Boding not well for the Chinese market, our patent pending China sales oracle GM China reports 4.6 percent fewer sales in April than in April 2010.
Well, actually GM does not report that. Reuters does. (Read More…)
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: (Read More…)
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