General Motors' sales surge in China in first quarter, new energy vehicle sales hit record

News on March 3, 2019, General Motors announced today that it achieved significant sales results in the Chinese market in the first quarter of this year. According to data, General Motors' retail sales in the Chinese market have exceeded 440,000 vehicles, showing strong growth momentum. Among them, new energy vehicle sales increased by 42.6% year-on-year, with sales exceeding 1.28 million units, setting a record high for quarterly sales.

Specifically, the Buick brand sold more than 103,000 vehicles in the first quarter, becoming a major pillar of General Motors' sales in China. Among them, Buick GL8's sales are particularly outstanding, with total sales exceeding 20,000 units, demonstrating the model's strong competitiveness in the market. The Cadillac brand also performed exceptionally, with sales exceeding 33,000 units, of which the Cadillac CT5 sold more than 18,000 units and continued to be the brand's best-selling model, demonstrating its strong strength in the high-end market. Chevrolet brand sales also exceeded 18,000 units, contributing a large share to General Motors' sales in China.

With the total sales of the Baojun brand under SAIC-GM-Wuling exceeding 286,000 vehicles, it has become another highlight of General Motors’ sales in China. Wuling Bingo sold more than 32,000 units, and Baojun Xingguang plug-in hybrid sedan also sold more than 21,000 units, further consolidating the Wuling brand's position in the new energy vehicle market.

In the future, General Motors will also strengthen its product layout in the Chinese market. The Buick brand's first plug-in hybrid GL8 will be launched in the second quarter, providing consumers with more choices. Cadillac will also launch its second Alcan pure electric vehicle, Aoge, after Feng and XT5 in the second quarter to further expand its new energy product line. At the same time, Chevrolet Tahoe will also be introduced to China through imports to meet consumers' needs for diversified models. In short, the Chinese market will become an indispensable and important part of General Motors' global strategy in the future.

As the data editor learned, Wuling Bingo PLUS with upgraded battery life was officially launched last month, offering two configurations: 401km flagship version and 510km flagship version. The official guide prices are 89,800 yuan and 9.88 yuan respectively. Ten thousand yuan. The launch of this new model will further enhance the Wuling brand's market competitiveness and promote its continued development in the new energy vehicle market.

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