• Jun 16, 2010
2010 Chevrolet Sail – Click above for high-res image gallery

In 2007 General Motors broke Chinese sales records with over one million vehicles sold. That sounded pretty impressive at the time, but just three years later GM's sales have come so far so fast that the General is now officially selling more vehicles in the Land of the Great Wall than it is in the States.

The Detroit Bureau reports that GM's China sales are up 54 percent in 2010 versus the first five months of 2009, with 1,032,665 cars and trucks sold so far this year. The General isn't doing nearly that well here in the U.S, with 882,277 units sold during the same period.

The biggest reason GM's sales continue to outpace the growth of its competition is the shot in the arm provided by the Chevy brand. The Bow Tie brand's sales are up 104 percent on the year, led by a 113 percent increase in sales of the Cruze. GM sold 14,524 copies of the Cruze in May alone, while the new-for-2010 Sail already hit 7,616 sales. While Chevy is quickly growing in the Chinese market, the still hot Buick brand is starting to show some signs of leveling off. Sales of the Tri-shield are up a mere 22 percent so far this year. Cadillac appears to be stealing a bit of Buick's thunder as well, as the Wreath and Crest is up 98 percent on the year.



[Source: The Detroit Bureau]


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  • 22 Comments
      • 4 Years Ago
      chase, I think that the majority of the cars are manufacturered over there, so I'm not sure of the impact on the trade deficit.

      but yes, nice to see american goods bought by someone else. helps us in the long run.

      not that it will help much the 25% of our nation's total debt that China owns. I think Chinese lobbyists are pushing for all this 'help' our government is paying out. We'll have co-branded national parks soon.

      Welcome to the Hyung Cho Yosemite nationals park
      ;-)


      "Just to be clear, you cannot pay us in clunkers!"
      • 4 Years Ago
      So will they be launching the GMC brand there as well ?
      • 4 Years Ago
      SAIC owns half of GM China and India. A large part of the sales are from Wuling minicars and mini-trucks that GM owns only 34%.

      China is becoming so important for GM that is not inconceivable that China pressures GM for a share swap with SAIC, so that ALL of GM becomes partly Chinese-owned.
      • 4 Years Ago
      What are you talking about "set-up" ?

      They're already a super power and they own US!

      http://www.youtube.com/watch?v=NOzR3UAyXao
      • 4 Years Ago
      China is already a superpower, its just that Americans have their heads in the sand. More power to GM though. There's nothing wrong with balancing that trade deficit.
      • 4 Years Ago
      Chinese-owned businesses are corrupt (CEOs hiding debt, factories operating under poor management). You think we had a bubble? Just wait until the Chinese bubble bursts. Or until the peasants and second class citizens start an uprising. China's star will shine brightly for now, but it's built on a foundation destined to crumble. It'll be painful when it happens; but it will happen.

      We have no competition from China, so long as we dont allow our corporations to get away with highway robbery. Investors will always flocks to what's safe...and the US is safe.
      • 4 Years Ago
      It's great news, but telling people that you drove your Chevy to the Yangtze but the Yangtze was dry just doesn't have the same ring to it. Hopefully this will mean better products for all.
      • 4 Years Ago
      @Hazdaz,

      Well there use to be rules against taking profit out. But since China became the only place worthing investing in, those profits don't want to leave China. And the Chinese have removed their restrictions. Basically because they don't really need them at the moment.

      If there's a reversal of fortune, those restrictions will find there way back in. I have no doubt.
      • 4 Years Ago
      A revitalized GM built on Chinese sales, should help the entire company build better products and be more competitive even in it's home turf. If GM can lock-in a generation of Chinese that buy Buick or Chevy products, it will be that much easier for them to up-sell them into a Cadillac in the future.
      • 4 Years Ago
      They already are a super-power.



      @ Chase

      While profits from GM's sales in China do end up in the US eventually, since most of the cars that are sold in the Chinese Domestic Market are built there, it does little (or nothing) to help the US' trade deficit.

      There are definitely some components that are made in the US that exported into CDM cars, I would venture to guess that it's not a huge amount. One big positive is that as GM moves to using more global platforms, the chances of us exporting to China increases... then again, it can work the other way too.
      • 4 Years Ago
      I dont think GM can catch HitlerMobile in China...they are selling like crazy!
      • 4 Years Ago
      Good for GM, though it will most likely mean that the US will see fewer and fewer models released here 1st.
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