GM's sales growth in China slows

0 CommentsPrint E-mail China Daily via agencies, March 3, 2011
Adjust font size:

General Motors Co, the biggest overseas automaker in China, reported slower sales growth last month in the world's biggest auto market as deliveries by its local minivan venture declined.

GM sold 184,498 vehicles in China last month, the Detroit-based company said in a statement on Wednesday. Deliveries rose 5.8 percent from a year earlier, compared with a 22 percent increase in January, when sales reached a record 268,071 vehicles.

Industrywide car sales grew at a slower pace after China reinstated a 10 percent sales-tax on small cars this year and phased out subsidies for vehicle trade-ins in rural areas. GM said sales by SAIC-GM-Wuling Automotive Co, its Chinese minivan venture, totaled 101,133 vehicles last month, compared with 110,315 units reported by the automaker a year earlier.

The carmaker's venture with SAIC Motor Corp boosted sales 34 percent to 78,207 units amid strong demand for its Buick models, the statement said.

GM makes Buick Excelle cars and Chevrolet Sail compacts with SAIC. The company will boost investment in China and introduce new models over the next two years, Chief Executive Officer Dan Akerson said last month.

GM's China deliveries rose 29 percent to 2.35 million vehicles last year, helping the company narrow the gap in global sales with Toyota Motor Corp, the world's largest automaker. GM last month estimated that it had a 14.7 percent market share in China.

China's vehicle sales jumped 32 percent in 2010 as stimulus measures and economic growth helped the nation stay the world's largest auto market for a second year.

Industrywide auto sales growth slowed in January to 16 percent. The total for February has yet to be announced.

The company also said in an e-mailed statement on Wednesday that Terry Johnsson, vice-president of General Motors Co's passenger car venture, has resigned "to pursue other career opportunities".

A replacement for Johnsson, also a vice-president of marketing for GM's China operations, will be announced in due course, it said.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 中国老人倣爱视频| 亚洲国产婷婷综合在线精品| 中文字幕高清有码在线中字| 欧美国产伦久久久久| 偷偷做久久久久网站| 翁想房中春意浓1-28| 国产人妖ts在线观看网站| 人人澡人人澡人人澡| 国产视频久久久久| bl道具play珠串震珠强迫| 成人久久久久久| 亚洲人成亚洲人成在线观看| 色噜噜狠狠色综合中文字幕| 国产成人免费全部网站| 爱看精品福利视频观看| 国产麻豆精品入口在线观看| 日本三级韩国三级在线观看a级 | julia无码人妻中文字幕在线| 暖暖免费中国高清在线| 亚洲国产激情在线一区| 精品国产污污免费网站入口| 国产亚洲欧美久久精品| 91网站在线看| 国产日韩在线观看视频| 浮力影院第一页| 国产精品国产精品国产专区不卡| 97视频精品全国在线观看| 天堂草原电视剧在线观看图片高清 | 好吊妞在线成人免费| 一道本在线播放| 成人毛片18岁女人毛片免费看| 久久777国产线看观看精品| 日本久久中文字幕| 久久久无码精品亚洲日韩按摩| 日韩av激情在线观看| 久久天天躁狠狠躁夜夜不卡 | 可以直接看的毛片| 国产成人精品怡红院| 国产精品2018| 99精品国产在这里白浆| 好男人看片在线视频观看免费观看|