Halfway through 2016, major auto companies have also summarized sales for half a year to watch the sales target for the whole year. It was learned from GM officials that thanks to the excellent market performance in June, GM's total retail sales in China in the first half of this year reached a record high of 1,810,476 units, an increase of 5.3% over the same period last year. During the year, GM and its joint venture in China will launch 13 new models.
Three-year joint venture brand sales of "half increase and decrease"
This year, the domestic auto market still maintains “low-speed” growth. Under this background, Buick’s three major joint venture brands, Buick, Cadillac and Chevrolet, still have “2 increase and 1 drop”. Mr. Matt Tsien, GM's global executive vice president and president of General Motors China, said: "The Cadillac luxury car brand and the Buick brand have maintained strong sales growth this year."
Among them, Buick and Cadillac sold 568,467 and 45,818 vehicles respectively in June, with year-on-year growth of 30% and 16% respectively. Due to factors such as the vacuum period of product replacement and the shrinking of the compact car market, Chevrolet sales continued to decline in June. Sales in June decreased by 25% to 35,648 units, and 225,995 units were sold in the first half of the year, compared with 317,408 units in the same period last year. It fell 28.8% year-on-year.
The Wuling brand sold 99,017 vehicles in June, an increase of 8.1% over the same period last year. The demand for the Wuling Hongguang MPV series continued to be strong in June, with sales totaling more than 30,000 units. Wuling Rongguang V new micro-customer achieved a 20% year-on-year sales growth. The passenger car brand Baojun stopped its downward trend, and its retail sales in June doubled to 43,249 units. Among them, 730 and 560 sales broke 20,000, still Baojun's highest sales of two products.
Middle and high-end cars and SUVs are still the fastest growing among the four major brands, and mid- to high-end cars and SUV products have become sales growth points. Among them, the Chevrolet Mai Rui Bao XL, which was listed in the first half of the year, saw a sharp increase in sales in June, up 46% from the previous month; Buick Angkewei increased 27% year-on-year in June, exceeding 14,000 units; while Cadillac ATS-L, XTS and XT5 were Sales in June exceeded 2,000 units.
This year is the product of GM's products. Including the SAIC-GM-Wuling, the four brands will launch 13 new models in the second half of the year. This Chevrolet brand product will occupy nearly half. In addition to the replacement and replacement of traditional fuel vehicles, the 13 new models include four new energy vehicles, which has become the largest year for GM to launch new energy vehicles after entering the Chinese market.

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