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Less work days lead to American brand sales decline in February

 

BEIJING – Influenced by less work days due to the week-long national Spring Festival holidays from February 9 through 16, sales of two American brands operating in China declined in February, according to recent companies news releases.

General Motors and its joint ventures in China sold a total of 215,070 vehicles in February, down 10.6 percent on a yearly basis.

In the month, Shanghai-GM sales were 101,023 units, down 2 percent, SAIC-GM-Wuling 110,193 units, down 15.4 percent and FAW-GM 3,670 units, down 48.1 percent.

The Wuling brand sales in February dropped 11.7 percent year-on-year to 104,138 units, while sales of the Baojun brand were 6,055 units, down 24.5 percent.

GM sales in the first two months in China set a new record of 525,835 units, up 7.9 percent compared to the same period of last year.

From January to February, Shanghai-GM and SAIC-GM-Wuling sales were 255,243 and 262,012 units, up 12.4 and 4.7 percent respectively, but sales of FAW-GM were down 14.4 percent to 8,160 units.

Sales of Ford and its joint ventures in China continued to grow with 43,642 units sold in February, but the growth rate was narrowed to 7 percent year-on-year, compared to the increase of 98 percent in January.

Chang’an-Ford sales came up to 29,389 units, up 39 percent, but JMC sales were 13,692 units, down 27 percent.

In the first two months of this year, combined sales of the Ford Focus rose 46 percent to 105,209 units.

By 2015, Ford will launched 15 all-new models in China.

 

 

 

 

 

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