GM Sales in China Rise 67% in 2009
By Brendan Moore
General Motors put out a press release yesterday that stated their sales in China jumped a staggering 67% in 2009.
GM, it seems, cannot put a foot down wrong in China, and the news just keeps getting better every month of every year. GM also said in its press release that they increased their market share in China, from 12.1% in 2008 to 13.4% in 2009.
The seemingly-bottomless well of good news out of China for GM was acknowledged by the blandest of statements from Kevin Wale, president and managing director for GM in China.
“We are proud of our performance in 2009. Chinese consumers responded enthusiastically to our line-up of modern, fuel-efficient and stylish products.”
Apparently, Mr. Wale is very much into understatement.
GM sold a little more than 1.8 million vehicles in China last year, which puts it among the other market leaders in the country; VW, Changan, SAIC and Hyundai.
The company says it will launch 30 new or redesigned models between 2009 and 2014.
Incidentally, SAIC-GM-Wuling, GM’s largest joint venture in China, also set a record for most sales by a single model in 2009. That single model was the Wuling Sunshine, a small delivery van, that notched 596,630 deliveries. The company also became the first automaker to sell over a million units in a year in-country.
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