SHANGHAI – General Motors and its joint ventures in China delivered over 200,000 vehicles in November, marking the fifth consecutive month-on-month sales increase.
The 18% rise followed the sales gains in Q3 and October, driven by strong product launches. Monthly deliveries of new energy vehicles (NEVs), including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), exceeded 100,000 units in the past two months, accounting for more than half of total sales.
“NEVs are at the heart of GM’s transformation and growth in China,” said Steve Hill, GM senior vice president and president of GM China. “With an expanding portfolio of NEV models and an optimized cost structure, we are laying a solid foundation for sustainable and profitable growth going forward here.”
- Record NEV Sales: GM’s NEV deliveries in China surpassed those of ICE vehicles for the first time in Q3. October deliveries exceeded 100,000 units, marking a new milestone, with NEVs accounting for a record 58% of total sales.
- Expanded Product Portfolio: GM’s joint ventures in China offer the most comprehensive NEV lineup among global OEMs, with models including the Buick GL8 PHEV, Buick Electra E5 and Wuling Xing Guang S gaining market share.
- The Buick GL8 family has surpassed the 2 million cumulative production and sales milestones, maintaining the highest residual value in its segment for three consecutive years. November orders exceeded 15,000 units. Meanwhile, the PHEV variant has recorded nearly 20,000 cumulative sales since its launch in April.
- The Buick Electra E5 SUV has continued its strong performance, with November sales increasing 165% year on year.
- The Wuling Xing Guang S SUV family has generated sales of 23,000 units since its launch in August.
- Sales and Profitability Boost: Since the beginning of Q4, GM and its joint ventures have sold over 200,000 NEVs, with premium models such as the Buick GL8 ES PHEV significantly boosting profitability. Continued efforts in demand-driven production and streamlined retail operations are expected to drive year-on-year improvement in GM’s results in China in 2025.
General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM’s Buick, Cadillac, Chevrolet, GMC, Baojun and Wuling brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry’s widest range of EVs, as we move to an all-electric future. Learn more at GM.com.