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>How many Chevrolets are in Beijing
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GM Delivers 2.9 Million Vehicles in China in 2020
Wed, January 6, 2021
Sales in the fourth quarter grow 14.1% as the market recovers
Accelerated portfolio enhancement with high-end SUVs, MPVs and luxury vehicles
Accelerated rollout and acceptance of electric vehicles across multiple brands
SHANGHAI – General Motors and its joint ventures delivered 2.9 million vehicles in China in 2020. Sales were impacted by the COVID-19 pandemic in the first quarter and started to recover in the second quarter. Deliveries posted a strong rebound in the second half, led by SUVs, MPVs and luxury vehicles, with fourth quarter sales increasing 14.1% from a year earlier.
“In spite of the unprecedented challenges that 2020 brought, we focused on keeping our people safe, enhancing our product lineup with launches that would satisfy our customers’ needs, and accelerating our move toward an all-electric future,” said Julian Blissett, GM executive vice president and president of GM China. “We expect China’s vehicle market to continue growing in the long term and have a positive outlook on 2021.”
Cadillac posted record sales of over 230,000 units in 2020, surging 7.9% year over year. It was spearheaded by the brand’s SUV family – the XT4, XT5 and XT6 – whose combined sales grew 40.3% from a year earlier. With the introduction of the CT4 luxury sedan, Cadillac now has its strongest portfolio ever in China to compete in the steadily growing luxury vehicle segment.
Buick deliveries topped 885,000 units, increasing 4.1% on a yearly basis, driven by strong demand for premium MPVs and SUVs. Sales of Buick’s SUV family surged 50.1%. The long-standing leader in the MPV segment, the GL8, added the all-new Avenir family and had sales growth of 6.2% year over year. The brand expanded its new energy vehicle (NEV) lineup as well with the introduction of the VELITE 7 all-electric SUV and VELITE 6 plug-in hybrid electric vehicle (PHEV).
Chevrolet delivered nearly 291,000 units last year. The brand continued to optimize its product mix and solidify its foothold in the SUV segment through the launch of the Blazer with multiple seating choices. It also offered a wider range of propulsion options to meet its customers’ diverse preferences and introduced the brand’s first electric vehicle, the Menlo.