General Motors and SAIC’s China sales made recovery in April

David BondGeneral Motors5 years ago5 Views

General Motors’ sales in China saw double-digit year-on-year increase in April, its two local ventures stated on Sunday, as the world’s biggest auto market made recovery from the coronavirus.

GM’s joint venture with SAIC Motor, which manufactures Buick, Chevrolet and Cadillac vehicles, stated its sales in China increased 13.6% compared to a year earlier. It noted that it had sold 111,155 units in April, including exported cars.

Meanwhile, SGMW, a separate GM venture with SAIC and Guangxi Automobile which produces no-frills minivans and has started to build luxury cars, said its sales increased 13.5% to more than 127,000 units last month.

General Motors is China’s second biggest foreign automaker after Volkswagen. GM said its sales in China dropped 43.3% in the first three months of 2020 compared with the same period in 2019.

To attract consumers, GM and SAIC have hired social media celebrities to promote its new models and are providing free medical masks to consumers.

China’s biggest automaker SAIC, which sold over 6 million cars last year, said its sales increased 0.5% compared to the same period in 2019. Together with GM venture, it also builds its own brand cars and controls a venture with Volkswagen.

0 Votes: 0 Upvotes, 0 Downvotes (0 Points)

Leave a reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

ALL CATEGORIES
Join Us
  • Facebook27.6K
  • Twitter (X)16.1K
  • Pinterest5.7k
  • YouTube13.1k
  • Instagram18.9K

Stay Informed With the Latest & Most Important Automotive News

Advertisement

Follow
Trending
Popular 30 Days
Loading

Signing-in 3 seconds...

Signing-up 3 seconds...

SpeedLux
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.