China Sales: GM, Buick, Cadillac Up, Chevy, Toyota, Honda, & Mazda Down

July sales reports are in from China and GM and its JV partners did well while Toyota, Honda and Mazda were down. GM and its Chinese partners sold 221,580 vehicles last month, up 11% from last July, based on strong Buick sales, which were up 26% to 66,208. The two marques GM is trying to turn into global brands, Cadillac and Chevrolet, had mixed results with Cadillac up 83% to 3,688 vehicles and Chevy down slightly, 3%, at 43,343 units. GM's microvan enterprise, SAIC-GM-Wuling Automobile Co., a joint venture with SAIC and the Liuzhou government in Southwest China, sold 98,380 Wuling-brand microvans in China, up 5 percent from 2012 and that venture's Baojun compact sedans were up 300%, selling 6,302 units of that recently launched brand. Sales at FAW-GM Light Commercial Vehicle Co., GM's enterprise with with China FAW Group Corp., were down 4% to 3,239 units. Total sales for GM and its joint ventures in China were 1,788,972 units through the first 7 months of 2012, also up 11% from last year. While GM was doing well, Toyota, Honda and Mazda all reported declining sales, a result of the lingering territorial dispute between China and Japan over that Diaoyu/Senkaku islands. Honda and its JVs were down 2% for the month, to 51,140, a bit better than May and June which were down 5 and 6 percent from 2012 respectively. For the year so far they are down 3% to 367,718. Mazda and it's JVs sold 11,768, down 19%, an improvement from last month's -31%. For the year Mazda is down 20% to 94,209. Toyota still plans to sell 900,000 vehicles in China this year, which would be a 7% increase, but sales slowed for the giant Japanese automaker and its partners, down 4% in July, to 75,600, following year to year increases in May and June. For the year, sales are down 5%, to 492,500. from The Truth About Cars http://www.thetruthaboutcars.com

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