GMs sales in China have fallen for five consecutive quarters, with Q3 down 17.5percent year-on-year.

category:Finance
 GMs sales in China have fallen for five consecutive quarters, with Q3 down 17.5percent year-on-year.


Specifically, the sales of Cadillac brand reached a new high in the third quarter with 51049 vehicles, up 11% year-on-year. The delivery volume of Cadillac CT6 reached about 6500 vehicles, up 68% year-on-year. Cadillac CT5 has also been pre-sold and listed on October 20. As for SUV, the market performance of Cadillac XT4 and Cadillac XT5 is good, with sales exceeding 14 000 and 13 000 respectively. Large SUV Cadillac XT6 was officially launched in July, further enriching Cadillacs SUV product matrix.

For Baojun, sales in the third quarter were 122,900 vehicles, down 34.9% year on year. General Motors said that Baojun is actively creating a brand new gene of Youth, Science and Technology, Intelligence, Netcom. Two new products, Baojun RM-5 and Baojun RC-6, were launched in September, and Baojun RS-3 will be launched in October.

Buick sold 19,688 vehicles in the third quarter, down 20.6% from a year earlier. However, the main models are still very competitive. British Lang delivered about 74,000 vehicles, up 20% year-on-year; Buick GL8 sold about 45,000 vehicles, up 24% year-on-year; Buick Monarch sold more than 33,000 vehicles, up 25% year-on-year.

Source: Yang Zeyu_NF6036, Responsible Editor of Peng Mei News