GM Strong In China

Bertel Schmitt
by Bertel Schmitt
gm strong in china

GM had a better November in China than at home in America. Back home, sales rose only 3.3 percent to 186,505 units in November. In China, the world’s and GM’s largest market, GM sold a total of 260,018 units across all joint ventures, up 9.7 percent compared to November 2011.

GM China November 2012Nov ’12YoY11 monthsYoYGM China260,0189.7%2,593,64210.4%Shanghai GM136,44420.6%1,220,8878.7%Buick70,17217.4%593,153Chevrolet63,01215.3%627,411Cadillac3,2608.4%27,073SAIC-GM-Wuling118,536-0.5%1,318,47312.5%Wuling108,304-0.5%1,217,282Baojun10,23270.0%?FAW-GM4,8374.2%50,3451.0%Black: GM data. Blue: Calculated from historical GM data

GM had a better November in China than at home in America. Back home, sales rose only 3.3 percent to 186,505 units in November. In China, the world’s and GM’s largest market, GM sold a total of 260,018 units across all joint ventures, up 9.7 percent compared to November 2011.

January through November, GM booked 2.59 million units in China, up 10.4 percent. In 2011, GM sold 2.55 million units in the whole year, a number exceeded a month earlier this year. Passenger vehicles sold through Shanghai GM are up strongly. Sales of Buick, Chevrolet and Cadillac as a whole are up 20.6 percent. Sales of SAIC-GM-Wuling are weak. In the past, we used GM’s China sales as a leading indicator for the Chinese market. With the dislocations caused by the partial boycott of Japanese brands, that indicator is rendered useless at the moment. It stands to reason that Shanghai GM sales profited some from Japan’s misery in China.

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  • Blowfish Blowfish on Dec 06, 2012

    Have the Nippon jin forgotten all those big ticketed investment in Middle Kingdom? or simply already wrote it off? still no signs of mitigating the situation. can japan afford to exit MK's vast market when everybody & their cousins trying to get close for a bit of the market?

  • Philadlj Philadlj on Dec 06, 2012

    Yes folks, the new, quintessentially American Malibu is selling about as badly in America as the quintessentially Chinese Baojun is selling in China.

  • Zipper69 The Bronco is a soft option and has the style that the Jeep lacks. The actual ability of the respective vehicles is irrelevant, they "compete" on image alone. The Bronco is new and trendy and production can't keep pace with demand
  • MaintenanceCosts Will the Bronco have a four-motor configuration a la Rivian? That seems to me like the right approach for an EV off-roader. Enables lots of neat tricks.
  • Lou_BC ERay? A southern model will be the BillyRay.
  • Lou_BC I've never used a car buying plan service. My Costco membership did get me 1,000 cash back on my last truck.
  • Jeff S I can understand 8 cars is a bit much unless you are a serious collector. I always loved the Challenger when it first came out and now. I don't need a car like this but I am glad it exists at least for 1 more year. If I had a choice between a Mustang, a Camaro, and a Challenger I would opt for a Challenger but probably with a V-6 since it has more than enough power for most and I don't need to be burning rubber. Challenger has the classic muscle car looks, more cabin room, and a decent size trunk which makes it very livable for day to day driving and for traveling. The base models of the Dodge Challenger has a 3.6-liter V6 engine that gives you 305 horsepower with 268 lb-ft torque. The car attains 60 mph from a standstill within just 6 seconds, which is quite fast. Even with their base engines, the Challenger and Camaro are lightning-fast. The Camaro reaches 165 mph, while the Challenger can go up to 11 mph faster!
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