Industry dynamics

General Motors Delivers 753,926 Vehicles in China in the Second Quarter

Publishtime:1970-01-01 08:00:00 Views:42

General Motors Delivers 753,926 Vehicles in China in the Second Quarter

General Motors and its joint ventures delivered 753,926 vehicles in China in the second quarter amid a significant product changeover.

GM's brands continued to progress and expand their presence in China in a weak quarter:

Cadillac recorded strong retail sales, with 66,523 units delivered in the second quarter. It launched the all-new XT5 luxury SUV that comes with 30 upgraded features, including GM’s latest propulsion system. Since its introduction in 2016, the XT5 has been one of Cadillac’s most popular models in China.

Buick had deliveries of 198,052 units. The brand launched its first all-electric vehicle, the VELITE 6, to support GM’s commitment to a zero-emissions future. It also announced a strategic partnership with EVCARD to explore the electric vehicle sharing market.

Chevrolet deliveries totaled 107,447 units. The Tracker, the first SUV from GM’s all-new global family of vehicles, was launched in June.

Baojun's retail sales totaled 135,793 units. The brand launched the RS-5 SUV, the first member of its new and upgraded portfolio, as it pivots toward a youthful, connected and intelligent direction.

Wuling sold 246,111 vehicles, maintaining its leading position in the mini-commercial vehicle segment.

GM is well prepared to transition to the new China 6 emission standard. It is introducing a record of about 20 new and refreshed models in China this year, which are all China 6 compliant. Around two-thirds will arrive in the second half, with a sharpened focus on luxury vehicles and midsize/large SUVs.

Cadillac will launch the all-new three-row XT6 SUV in the third quarter. It will join the XT4 and XT5 to solidify the brand’s position in the steadily growing luxury SUV segment. Following Cadillac's global strategy of introducing one model every six months, it will also launch the new CT5 compact luxury sedan in China later this year.

Two new Buick SUV models, the all-new Encore and Encore GX, will go on sale next week, followed by the all-new Enclave at the end of the year. Together with the popular Envision, they will give Buick a robust presence across small, compact, midsize and large SUVs – strengthening the brand’s overall competitiveness in one of the market's hottest vehicle segments.

Chevrolet will add the Trailblazer in the second half to its SUV lineup, as it continues to enhance its product mix. It will also debut a large SUV to capitalize on the burgeoning demand in this segment.

Following the introduction of the RS-5, Baojun will continue to roll out new models to meet its customers' rising aspirations and address their evolving demand for intelligent and connected vehicles.

In addition, with China's vehicle market shifting to a new era of consumption upgrade, vehicle technology will become a driving force for future growth. GM will bring to the domestic market its recently introduced all-new electronic platform to enable the adoption of new technologies. It will initially be applied on the Cadillac CT5 and rolled out across most of GM's global lineup by 2023. (Photo source: General Motors)