GM Up Strongly In China

Chevy Cruze in Beijing While GM's head-flack Selim Bingol was swearing at Ed Niedermeyer, and that it's not true that GM is sending its money to China, GM's Chinese operation again outsold America. GM China sold 261,870 units in April, up 15.3%. In the U.S., GM sold 237,646 in April. In the first four months of the year, GM sold 821,707 vehicles stateside. Meanwhile in China, it sold 1,078,243. GM China April 2013 Aprl'12 YoY 4 months YoY GM China 261,870 15.3% 1,078,243 10.9% Shanghai GM 121,559 29.2% 503,587 16.8% Buick 66,923 23.9% 275,890 17.4% Chevrolet 50,559 21.7% 216,126 6.4% Cadillac 4,077 99.1% 11,571 16.8% SAIC-GM-Wuling 134,815 5.9% 551,892 6.7% Wuling 124,556 5.7% 521,555 Baojun 10,259 70.5% 30,337 FAW-GM 5,124 -0.3% 21,653 -1.8% Black: GM data. Blue: Calculated from historical GM data Shanghai GM, i.e. Buick. Chevrolet and Cadillac are up a very solid 29.2 percent in April and gained 16.8 percent in the first four months. In April, Cadillac nearly doubled its formerly lackluster Chinese sales, boosted by 2,006 units of the locally assembled XTS. Chevrolet's China sales are powered 17,277 units of the  Cruze compact and 15,409 units of the Sail supermini. The small commercial sector that helped GM goose its numbers in the past is still down. Sales of the Wuling brand rose only 5.7 percent, sales of GM's joint venture with FAW are down a bit. GM's strong showing, especially at its core sector, bodes very well for the Chinese auto industry. from The Truth About Cars http://www.thetruthaboutcars.com

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