General Motors report that GM and its joint venture partners set sales records in China for both March and first quarter. They sold 290,538 vehicles in March, up 12.6 percent from March last year. Shanghai GM’s March sales jumped 15.2 percent to set a March record with 126,785 vehicle sales. SAIC-GM-Wuling sales also rose 10.9 percent to 155,065 vehicles and FAW-GM’s sales rose 12.8 percent to 8,369 vehicles, both marking best-ever months.
Other GM brands did well too with Buick sales up 22.8 percent in March over the same month a year ago, while the Cadillac sales were up 32.2 percent year-on-year.
Even the minnow Wuling sales increased 13.7 percent in March to set a new monthly sales record with 148,060 sales, while sales for GM’s Baojun brand jumped 39.8 percent in March over the same month in 2012.
For the first quarter, GM’s sales in China totaled 816,373 vehicles, up 9.6 percent over the same period in 2012.