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GM Delivers 245,690 Vehicles in China in February

March 4, 2016 SHANGHAI C General Motors and its joint ventures delivered 245,690 vehicles in China in February. Deliveries in China declined 9.3 percent last month from the previous February, impacted by slow seasonal sales during and after the Chinese New Year holiday C which came earlier this year. GMs SUV deliveries were up 115 percent last month from the same period a year earlier, led by the Buick Envision and Baojun 560. Buick deliveries in February advanced 16 percent from a year earlier to 70,764 units, a record for the month. The growth was led by the Excelle GT and Envision. Deliveries of the Envision nearly doubled last month from a year ago. This year we will continue to improve our product mix to meet the fast-changing customer demand, said GM Executive Vice President and GM China President Matt Tsien. We are on track to execute our product launch plans. New models, including the Cadillac CT6 and Chevrolet Malibu XL, are expected to add to our growth momentum. Baojun delivered a February record 39,348 units in China, an increase of 52 percent year over year. The Baojun 730 MPV and Baojun 560 SUV were among the best-selling models in their segments. Cadillac deliveries last month declined 16 percent from a year earlier to 4,766 units. Deliveries in the first two months were a record for the brand in China. Cadillac launched its new top-of-the-range CT6 prestige sedan on January 27. As the first model being manufactured at the new Cadillac plant in Shanghai, the CT6 incorporates cutting-edge technology and premium amenities for a high level of enjoyment. Chevrolet deliveries in February dropped 48 percent year over year to 27,349 units, primarily due to continued contraction of the small-car segment, which affected the Chevrolet Sail. Chevrolet launched its new flagship sedan, the Malibu XL, at the end of February. Wuling deliveries in the domestic market were 103,438 units, 18 percent lower than in February a year earlier. The brand was impacted by seasonal factors around the Chinese New Year holiday and continued contraction of the mini-commercial vehicle market. Note: Starting with April 2015 sales results, GM began reporting retail sales rather than wholesales in China. All numbers in the press release are retail sales. General Motors traces its roots back to 1908. GM has 11 joint ventures, two wholly owned foreign enterprises and more than 58,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang and Wuling brands. In 2015, GM delivered more than 3.6 million vehicles in China. More information on General Motors in China can be found at GM Media Online. CONTACTS: Irene Shen GM China Communications (+86-21) 2898-7318 irene.shen@gm.com Sophie Hou GM China Communications (+86-21) 2899-6413 sophie.hou@gm.com
 

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