GM China's second-quarter retail sales exceed 480,000 vehicles

On July 6, GM China announced that in the second quarter of this year, GM's retail sales in the Chinese market exceeded 480,000.The sales volume of itsnew energyproducts increased by 12.5% ​​year-on-year.The Cadillac brand sold about 37,000 vehicles in the second quarter.The Buick brand sold more than 128,000 vehicles.The Chevrolet brand sold more than 40,000 vehicles.The Wuling brand sold about 268,000 vehicles, while the Baojun brand sold more than 11,000 vehicles.Wuling Hongguang MINIEV sales increased by 10% year-on-year.

On June 30, it was learned from the official that GM signed a project investment intention agreement with Shanghai Pudong New Area today, announcing that it plans to increase its capital by 100 million US dollars to build a new high-end import business.

Julian Blissett, President of General Motors China, said: "General Motors is confident in the long-term development of Pudong, Shanghai and the Chinese market. This investment will help us seize new opportunities in the era of high-quality development and bring benefits to Chinese consumers. More diverse and richer products and services.”

According to news on June 1, General Motors recently announced that Kang Ze will serve as the executive vice general manager of SAIC-GM from June 1, 2022, reporting to Mr. Bai Li, the global executive vice president of GM and the president of GM China.He is also a member of the executive committee and board of directors of SAIC-GM.