Strong car prices are ahead of the competition for six months
GM: 11.3% YoY Growth
In the first half of this year and in the month of June, sales of General Motors and its joint ventures in China hit record highs. Statistics show that in the first half of this year, General Motors sold a total of 1,417,047 vehicles in China, an increase of 11.3% year-on-year. In the past June, GM’s sales volume in China hit a record high for the first time in June, reaching 213,495 units, a year-on-year increase of 10.1%.
In the first six months of this year, the main driving force behind the growth of GM’s sales in China came from the outstanding market performance of the major brands of Shanghai GM and SAIC-GM-Wuling. Among them, Shanghai GM's domestic sales reached 639,549 units in the first half of the year, an increase of 6.6%; SAIC-GM-Wuling sold 745,427 units in China in the first half of the year, an increase of 16.2% year-on-year; FAW-GM's domestic sales for the first half of the year were 29,172 units, a year-on-year decrease of 3.5%. .
The sales volume of Buick brand in China in the first half of this year increased by 5.7% year-on-year to 343,279 units. Among them, sales of Excelle and Yinglang XT and GT models hit a record high and became the main force for Buick brand sales growth; sales volume of Chevrolet brand in China increased by 1.8 in the first half of the year. In terms of %, to 302,280 vehicles, sales of Cruze and Neo Sail both exceeded 100,000; sales of Cadillac in China in the first half of the year increased by 3.8% to 14,616; in addition, Wuling sold 686,720 units in the first half of this year, a year-on-year increase of 13.6. %, of which Wuling Light as the main model, sales reached 282,341 units; passenger car brand Bao Chun sold 37,081 for the first half of the year.
In the second half of the year, Gan Wenwei, president and general manager of General Motors China, said that he expects sales to maintain steady growth in the second half of this year.
Shanghai Volkswagen: 10.4% YoY increase
As with General Motors, Shanghai Volkswagen’s sales in the first half of the year have also increased by more than 10%. Statistics show that in the first six months of this year, Shanghai Volkswagen has sold 636,691 vehicles, an increase of 10.4% year-on-year. It is worth mentioning that Shanghai Volkswagen's sales performance is balanced and stable, with monthly sales exceeding 100,000 units in the first half of the year.
In terms of public brands, the Passat family completed the sale of 116,032 units in the first half of the year; the Polo family sold 13,664 units in June and sold 85,209 vehicles in half a year. The new Polo was very popular with young consumers and sold nearly 60,000 units in the first half of the year; Widely popular, retail sales of 14098 units in June. The cumulative sales volume for the four-year listing approached nearly 800,000 units. The Tiguan concept of SUVs is still in short supply. In June, 17,844 units were sold; Touran achieved 4,968 units in June, making it a popular choice for family-owned vehicles. .
In terms of the Skoda brand, Octavia approved 11,340 units in June, an increase of 11% year-on-year. In the first half of this year, a total of 70,160 units were sold; Qirui sold 3,500 units in June, an increase of 30% year-on-year; Jingrui sold 4,200 units in June, showing stable performance.
Corresponding to the hot sales of products, Shanghai Volkswagen's strong productivity. On June 28th, Shanghai Volkswagen produced the 8 millionth car, which took only 9 months from the previous one million downline. Looking forward to the second half of the year, Shanghai Volkswagen said that it will use 8 million offline products as a new starting point to speed up the construction of cross-regional projects and increase the production capacity that is appropriate to the sales scale.
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