SHANGHAI ¨C General Motors and its
joint ventures delivered 321,264 vehicles in
January. Deliveries in the first month of 2017 declined 24 percent on an annual
basis due to the earlier Spring Festival holiday and reduction in the vehicle purchase
Cadillac continued its strong sales growth
with its best-ever monthly deliveries. The recently launched new-generation GL8
led Buick¡¯s MPV sales to an all-time monthly record.
¡°We are seeing strong growth momentum with Cadillac
as we continue to build our product lineup in the fast-growing luxury segment,¡±
said GM Executive Vice President and GM China President Matt Tsien. ¡°We are
well positioned to meet the demand from consumers for higher-end vehicles. As a
result, we expect 2017 to be another year of positive results.¡±
GM will launch 18 new and refreshed models
this year in China to support continued growth in the company¡¯s largest retail
market. Half of the models being introduced in 2017 under the Buick, Chevrolet,
Cadillac, Baojun and Wuling brands will be SUVs or MPVs.
deliveries surged 116 percent on an annual basis to more than 18,000 units
by the XT5, Cadillac SUV sales almost tripled last month from a year
earlier in the industry¡¯s strongest segment.
sport sedan deliveries rose 115 percent.
luxury sedan sales increased 46 percent.
deliveries topped 100,000 units in China for the first time in 2016.
Deliveries of the GL8 MPV family increased 62
percent year on year led by the new-generation GL8 and GL8 Avenir luxury
MPVs launched in November. More than 700,000 GL8s have been sold in China
since the nameplate¡¯s introduction.
The Verano family had its best-ever monthly sales
as demand rose 11 percent.
The Envision had its second best monthly sales
since its launch in 2014.
of the Malibu family rose 30 percent from the previous January.
of the next-generation Cruze Hatchback start this month.
Equinox will be added to the fast-growing midsize SUV segment in the first
is on track to fulfill its plan to introduce more than 20 new or refreshed
products in China by the end of 2020. Nearly 30 percent of the models will
be SUVs and nearly half will be new nameplates for the China portfolio.
Baojun 730 MPV kept up its strong performance with continued monthly sales
of around 30,000 units.
560 SUV deliveries exceeded 25,000 units for the third consecutive month.
Sales of the Baojun
310 topped 10,000 units for the fourth consecutive month. The sedan has
been the segment leader since its launch in September.
510 small SUV, which has achieved strong pre-orders, will build on the
brand¡¯s SUV lineup and fuel its further growth from this month.
Guang family remained the segment leader.
sales declined due to the ongoing contraction of China¡¯s mini-commercial
The purchase tax imposed on new passenger
vehicles with engines of 1.6 liters and below rose to 7.5 percent from January
1. That compares to the 5 percent levied on eligible vehicles from October 1,
2015, to the end of 2016. The purchase tax will increase to 10 percent from
January 1, 2018.
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 2016, GM
delivered more than 3.8 million vehicles in China. More information on General
Motors in China can be found at GM Media Online.
GM China Communications
GM China Communications