GM Sales in China Rise 67% in 2009

By Brendan Moore

01.05.2010

GM logo smallGeneral 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.

2009 Wuling Sunshine front 3-4

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.

COPYRIGHT Autosavant – All Rights Reserved

Author: Brendan Moore

Brendan Moore is a Principal Consultant with Cedar Point Consulting , a management consulting practice based in the Washington, DC area. He also manages Autosavant Consulting, a separate practice within Cedar Point Consulting. where he advises businesses connected to the auto industry. Cedar Point Consulting can be found at http://www.cedarpointconsulting.com.

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5 Comments

  1. Great numbers, no doubt. GM got into China early, didn’t leave in the early days when things looked bleak, and has always been able to offer vehicles that the Chinese customer likes.

    Success is theirs.

  2. I don’t care where the cars are sold, the profits come back to GM here in the U.S, and that’s a beautiful thing!

  3. Yeah, maybe they should bring those GM executives from China to run things in America.

  4. Makes you wonder when GM Head Office is moving from Detroit to Shanghai…

  5. GM is doing very well in it’s new markets – China, India, South America. It’s their traditional markets they’re having trouble with, Europe and America.

    You must applaud their success in the new markets, but it makes their struggles in their traditional markets that much more puzzling.

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