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GM sales in China down in Q2 as NEV lineup and deliveries grow
electric vehicles (BEVs) and plug-in hybrids (PHEVs). • Buick deliveries stood at about 81,000, down from 136,000 in Q2 2023. The GL8 family, with Buick’s first plug-in hybrid variant joining in Q2, strengthened its position in the MPV segment with nearly 20,000 units sold. Sales of the VELITE 6 EV more than tripled to more than 17,000 units. • Cadillac delivered about 29,000 vehicles, down from 55,000 in 2023. The CT5 luxury s...
News Updated at: 2024/07/11
Buick officially launches 430km-range Velite 6 compact battery electric hatchback
Buick officially launches 430km-range Velite 6 compact battery electric hatchback On August 25, Buick announced the official launch of the 430km-range Velite 6 compact battery electric hatchback, which is available in two variants priced at CNY 112,800 and CNY 115,800, respectively. The 430km-range Velite 6 adopts the Buick eMotion intelligent electric drive technology and is equipped with a permanent magnet synchronous motor (maximum power 130kW...
News Updated at: 2023/08/29
GM sells over 460,000 vehicles in China in Q1 2023
he Lyriq luxury battery electric SUV maintained growth. The next-generation Super Cruise super assisted driving system has been released to customers via OTA Update in late March.Buick sold over 106,000 vehicles. Sales volume of the new Century flagship MPV exceeded 5,000 units. Sales volume of the Velite new energy lineup grew by 11% year-over-year. The Electra E5, Buick’s first Ultium-based model, will be launched on April 13.Wuling and Baoju...
News Updated at: 2023/04/11
GM sells over 2.3 million vehicles in China in 2022
its high-performance 4WD model was newly launched. Buick sold over 644,000 units during the year. Its premium models had robust sales, with sales volume of the Envision mid-sized SUV quadrupling y/y. The new Century flagship MPV reinforced Buick’s leadership in the MPV market. Sales volume of the Velite new energy lineup increased by 42% y/y. During the year, Chevrolet sold over 200,000 units, and launched the Tracker RS subcompact crossover SU...
News Updated at: 2023/01/12
GM sales in China down 35.5% to 484,200 vehicles in Q2 2022
year earlier.Cadillac had deliveries of approximately 36,900 units (down 42.2%) in the second quarter. The electric Cadillac LYRIQ began production at the SAIC Cadillac Plant in Shanghai in May and is now available for order. Buick delivered approximately 128,300 units in Q2 (down 43.1%), with the VELITE NEV family growing 53% year-over-year to more than 8,000 units. The Buick brand introduced its new identity and badge in the second quarter, si...
News Updated at: 2022/07/08
GM delivers over 610,000 vehicles in China in the first quarter
delivered more than 610,000 vehicles in China in the first quarter of 2022 amid the ongoing semiconductor shortage and COVID-19 resurgence.Q1 sales by brand:Cadillac deliveries topped 47,000 units. The CT5 had sales of more than 14,000 units.Buick had deliveries of over 163,000 units. Sales of the VELITE NEV family nearly tripled from a year earlier. The GL8 family had sales of about 33,000 units.Chevrolet deliveries surpassed 52,000 units. Sal...
News Updated at: 2022/04/08
GM delivers 2.9 million vehicles in China in 2021
or supply chain disruption. Premium models and New Energy Vehicles (NEVs) across their brands sustained robust growth momentum.Buick had deliveries of nearly 820,000 units in 2021. The GL8, a premium large-size MPV, had sales growth of 3% from a year earlier to over 160,000 units. Deliveries of the VELITE NEV family nearly doubled year over year.Cadillac had record sales of over 230,000 units. Sales of the XT6 mid-sized crossover rose 28% from a ...
News Updated at: 2022/01/12
GM sells over 623,000 units in China in Q3 2021
00 units in China in the third quarter of 2021.Buick sold over 166,000 units. Sales of Buick’s mid-to-large-sized flagship SUV Enclave was nearly 8,000 units, representing a year-over-year (y/y) increase of 42%. The Buick Envision S, a midsize SUV, sold more than 5,400 units, up by 79% y/y. Buick VELITE 6 NEVs sold about 8,500 units, reflecting a 36% y/y increase.Cadillac sold over 59,000 units. Sales of the XT6 large SUV were over 9,300 units,...
News Updated at: 2021/10/15
SAIC GM to build production lines and supporting facilities for Ultium BEV platform at Wuhan plant
an plant in January 2015 and has so far produced about 3.23 million vehicles at the plant, achieving an output value of over CNY 270 billion. The plant focuses on the production of new energy vehicles (NEVs) and drive systems. It is currently producing three NEVs, including a battery electric Buick VELITE 6, a plug-in hybrid Buick VELITE 6 and a Chevrolet Menlo. SAIC GM will introduce more than 10 China-made NEVs under the Buick, Chevrolet and...
News Updated at: 2021/05/27
Buick’s Envision Plus Avenir, Verano Pro and Verano Pro GS make global debuts
2025 product strategy. In 2021, Buick will release 13 all-new and face-lifted models. The brand expects to have a product lineup that includes about 35 all-new and face-lifted models covering major vehicle segments by 2025. In addition, Buick will concentrate its effort on developing the Avenir, VELITE and GS sub-brands. The brand will introduce GM’s Ultium platform into China and release more than five new electric vehicles by 2025. Almost ...
News Updated at: 2021/04/21
[Auto Shanghai 2021] SAIC GM to showcase 44 models under three brands
will be showcased.Buick will exhibit a total of 17 models. Apart from the Envision Plus Avenir compact SUV and the Verano Pro GS compact car to debut closer to the motor show, Buick will display the Avenir full lineup, the next-generation MPV family, the SUV family, the Regal GS mid-size sedan, the Velite 6 intelligent plug-in hybrid hatchback, the Velite 7 intelligent battery electric SUV, and the Buick Electra new energy concept. Another highli...
News Updated at: 2021/04/15
SAIC GM exhibits 3 models at 2021 Haikou Show
d intelligent connectivity technologies. It is an opportunity for exhibitors to display various advanced technologies, their latest products and the new lifestyles created by NEVs. SAIC General Motors Corporation Limited (SAIC GM) exhibited three models at the 2021 Haikou Show, including the Buick VELITE 7 battery electric SUV, Buick VELITE 6 PHEV and Chevrolet Menlo battery electric coupe. These three vehicles were launched in 2020 and develope...
News Updated at: 2021/01/13
GM sells more than 2.9 million vehicles in China in 2020
units in 2020, reflecting a 4.1% y/y increase. Specifically, sales of the SUV family increased by 50.1% y/y. Sales of the next-generation GL8 MPV and GL8 Avenir family increased by 6.2% y/y and totaled about 157,000 units. Buick further expanded its new energy vehicle (NEV) lineup by launching the VELITE 7 battery electric SUV and the VELITE 6 plug-in hybrid MAV (multi-activity vehicle) in 2020. Chevrolet sold about 291,000 units. The brand laun...
News Updated at: 2021/01/08
China releases 38th list of exemptions for NEV purchase tax
tion Technology (MIIT) of China released the 38th list of exemptions for the NEV purchase tax on its website. The list added 32 pure electric passenger vehicle models (including the HYCAN 007 of GAC Motor Co., Ltd., the αT of BAIC Bluepark Magna Automobile Co., Ltd., the Tang of BYD Co., Ltd., the Velite 7 of SAIC General Motors Corporation Limited, and the Wuling Hong Guang MINI EV of SAIC General Motors Corporation Limited), 43 pure electric ...
News Updated at: 2021/01/06
GM sells more than 771,400 vehicles in China in Q3 2020 and realizes 12% y/y increase
in the third quarter. Wuling sold more than 270,000 units, reflecting a 26% y/y increase. The brand launched its first battery electric model – Hong Guang MINI EV – in July 2020. GM has so far introduced more than 10 new energy models in the Chinese market, including the recently launched Buick VELITE 7 battery electric SUV, Buick VELITE 6 plug-in hybrid MAV (multi-activity vehicle) and Wuling Hong Guang MINI EV. Additionally, GM’s new ener...
News Updated at: 2020/10/15
Auto China 2020 open in Beijing
V makers). Among American automakers, SAIC General Motors Corporation Limited (SAIC GM) will exhibit models under the Chevrolet, Buick and Cadillac brands. The Chevrolet models exhibited at the event will include the all-new Malibu XL, Monza RS, Equinox RS, Blazer and Menlo. Buick will exhibit the VELITE 7 battery electric SUV, VELITE 6 PHEV and Envision S. Cadillac will display the CT4 and CT5 as well as such technologies as the Super Cruise in...
News Updated at: 2020/09/26
General Motors loses USD 758 million in second quarter of 2020
ost USD 270 million and its Cruise subsidiary lost USD 195 million, offset partially by a USD 226 profit by GM Financial.GM’s truck products in North America have shown continued strong demand as the company readies its coming EV products.In China, Buick expanded its EV portfolio by launching the VELITE 7 and VELITE 6 PHEV on July 24. The VELITE 7 is Buick’s first electric SUV, offering up to 500 km of range. The VELITE 7’s electric propuls...
News Updated at: 2020/07/30
SAIC GM’s Buick brand launches VELITE 7 battery electric SUV and VELITE 6 PHEV
SAIC GM’s Buick brand launches VELITE 7 battery electric SUV and VELITE 6 PHEV On July 24, SAIC GM’s Buick brand announced the launch of the VELITE 7 battery electric SUV and the VELITE 6 PHEV. Both vehicles were developed based on GM’s new energy vehicle platform. The VELITE 7 is available in two versions and retails for CNY 179,800 and CNY 199,800 after subsidy, respectively. The VELITE 6 PHEV is available in three versions and retails f...
News Updated at: 2020/07/28
SAIC GM to release Buick VELITE 6 with plug-in hybrid powertrain
SAIC GM to release Buick VELITE 6 with plug-in hybrid powertrain On July 3, SAIC GM’s Buick brand announced that it will introduce a plug-in hybrid version of the VELITE 6 in July. Developed based on GM’s new energy vehicle platform, the plug-in hybrid VELITE 6 is equipped with Buick’s all-new eMotion electric drive technology. The vehicle has a powertrain that comprises a high-performance dual-motor system, a dedicated 1.5L 4-cylinder eng...
News Updated at: 2020/07/07
GM sells more than 713,600 vehicles in China in Q2 2020
ore than 269,800 units, reflecting a 9.7% y/y increase. It will soon launch the Victory MPV, the first model with a global silver badge. With regard to new energy vehicles, GM launched the New Baojun E300/E300 Plus, Rongguang electric logistics vehicle and Hong Guang MINI EV in the second quarter. VELITE 7, Buick’s first battery electric SUV, will also be launched onto the market soon. From GM press releases 1/2...
News Updated at: 2020/07/06