General Motors continues its market recovery in China following the COVID-19 crisis, where together with its joint ventures it sold more than 711,400 units in Q3 of this year, an increase of 12% on a year-over-year basis.
Looking particularly impressive were GM’s luxury models, such as the Buick Envision and GL8, as well as the Cadillac XT5. Buick deliveries in the 3rd quarter grew 26% to over 250,000 units, with GL8 sales increasing 17% year on year to over 52,000 units.
Meanwhile, the Envision family saw deliveries rise to more than 34,000 units, an increase of 48% – thanks in part to the introduction of the all-new Envision S and Envision S Avenir in July.
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Cadillac deliveries topped 65,000 units, marking a 28% increase from the year before. Caddy’s SUV portfolio for China includes the XT4, XT5 and XT6 crossovers, all of which helped with the growth – more than 40,000 units collectively. As for Chevrolet, the refreshed Equinox and five-seat variant of the Blazer helped the bowtie brand deliver more than 77,000 vehicles in the People’s Republic.
Then there’s Baojun and Wuling. The former sold over 100,000 units in Q3, while the latter saw its sales grow 26% year over year to more than 270,000 units. Wuling’s first EV, the Hong Guang MINI EV, has officially become the best-selling new energy vehicle (NEV) in China, with deliveries in the third quarter topping 28,000 units.
GM has already launched more than 10 new energy vehicles in China, including the Buick Velite 7 EV, Velite 6 PHEV and the Hong Guang MINI EV. Over 40% of GM’s new launches in China in the next five years will be NEVs.