Shanghai General Motors, a leading carmaker in China and a 50-50 joint venture between General Motors and Shanghai Automotive Industry Corp. Group (SAIC), announced its car sales for 2009 recently. The company’s vehicle sales rose 58.6 per cent year on year to 727,631 units in 2009, well above the industry average growth rate, thanks to its increasingly improved product mix.
The automaker sold 100,136 cars in December 2009, making it the first passenger car manufacturer with sales figure exceeding 100,000 units in a single month. The company recorded sales of approximately 500,000 cars for the second half of 2009, up 101.5 per cent from a year prior.
Sales of the Buick line totaled 447,011 units, representing a year over year growth of 59.6 per cent, while Chevrolet sales amounted to 272, 773 units, rising 59.4 per cent over the previous year. Cadillac sales advanced 10.4 per cent to 7,277 units. Close to 154,000 Buick Regal’s and Buick LaCROSSE’s were sold in the year.
As a pioneer in the promotion and implementation of a green development strategy, Shanghai General Motors is focusing on improvement of engine performance and fuel economy. The company also plans to launch more fuel-efficient models with engine displacements of 1.2L or 1.4L in the future.
In 2010, the company expects to continue building on its previous achievements including efforts in product innovation, while further enhancing its competitiveness.
