GM looks unstoppable in China, setting new quarterly sales record in the first three months of 2012. Its three local ventures, Shanghai GM, FAW GM, and SAIC-Wuling-GM, posted combined sales of 257,944 vehicles in March, 10.7% more than the same period a year earlier. In Q1, deliveries increased 8.7% to 745,152.
In March, the passenger car venture, Shanghai GM, sold 110,038 units, 10.5% more than a year ago. Sales of Buick models rose 3.7% to 57,082, including 24,134 Excelles (not including the GT and XT models) and 14,064 of Excelle GT and XT. Chevy delivered 54,716 units on a 11.1% growth, including 20,085 of Sail, 18,678 of Cruze, and 4,289 of Malibu. Chinese consumers bought 2,745 cars bearing the Cadillac brand, up 35.2%.
SAIC-Wuling-GM sold 130,251 Wuling brand microvans on a 9.9% increase, and 5,012 Baojun brand sedans.
FAW-GM Light Duty Commercial Vehicle reports 7,417 sales in March.