Sgm(W) china passenger car RETAIL SALES 2022

 

Rank

2

404823

Wuling Hongguang MINI EV

20

160944

Wuling Hongguang

82% Hongguang S, 11% S3, 8% Plus

40

126838

Buick GL8

spread over 2011 and 2017 models

48

120283

Buick Verano Pro

58

104703

Chevrolet Monza

59

103602

Buick Envision

65

99548

Buick Excelle GT (Yinglang)

81

80463

Wuling Xingchen (Asta)

86

77473

Buick Regal

90

73701

Wuling Hongguang V

incl. Rongguang V

98

67017

Cadillac CT5

133

46196

Cadillac XT5

146

39315

Buick Velite 6

159

34670

Wuling Jiachen

intro 22.06

160

34576

Cadillac XT4

161

34428

Chevrolet Malibu XL

164

33222

Buick LaCrosse

195

24886

Baojun KiWi EV

208

22724

Chevrolet Equinox

212

22039

Cadillac XT6

220

21305

Buick Enclave

223

20960

Wuling Victory

289

13115

Chevrolet Onix

294

12564

Wuling Zhengcheng

312

11054

Cadillac CT6

314

10889

Cadillac CT4

321

10189

Wuling Nano EV

322

10005

Wuling Xingchi

intro 22.09

338

8832

Baojun RS-3

356

7801

Buick GL6

359

7730

Buick Encore GX

363

7329

Chevrolet Menlo

377

6421

Chevrolet Tracker

393

5601

Baojun 730

413

4459

Baojun 510

447

3344

Buick Envista

intro 22.09

448

3312

Chevrolet Blazer

449

3250

Baojun RC-5/Valli

450

3241

Chevrolet Orlando

482

2366

Cadillac LYRIQ

intro 22.09

487

2264

Chevrolet Seeker

intro 22.09

488

2220

Wuling Air ev

intro 22.12

490

2174

Buick Encore

513

1544

Buick GL8 Century

intro 22.12

530

1176

Buick Excelle (Kaiyue)

557

773

Chevrolet Trailblazer

566

660

Buick Velite 7

571

563

Baojun RM-5

594

246

Baojun RS-5

606

160

Baojun 360

619

87

Baojun 310

644

18

Baojun 530

649

9

Baojun RC-6

 

 

China has removed the foreign ownership limits in passenger vehicle manufacturing starting January 1, 2022.The announcement allows early-adopting foreign brands like GM to take over their joint ventures.It could even drive Chinese partners to withdrawn from their joint venture, with foreign partners taking more control, more technology and more profits with them.Joint-venture schemes in China were designed to leave both profits and technology in the country to allow for domestic brands to grow and prosper, and that seems to have worked.The five biggest automakers are all Chinese (obviously, because foreigners havenít been allowed to own them), with SAIC, FAW, BAIC, Dongfeng and Changan all state owned and all involved with joint-ventures with foreign brands.

 

General Motors is losing ground in China, its top sales market for more than a decade and one of two main profit engines for the Detroit automaker.The companyís market share in the country, including its joint ventures, has plummeted from roughly 15% in 2015 to 9.8% in 2022 ó the first time it has dropped below 10% since 2004.Its earnings from the operations also have fallen by nearly 70% since peaking in 2014.

 

In May 2023, Shanghai has invited General Motors China to boost investment and research and development in the city.Shanghai looked forward to General Motors bringing more high-end products and cutting-edge technologies to the sixth China International Import Expo be held in Shanghai on November 5-10, 2023, the government cited Shanghai's Communist party secretary Chen Jining as saying during a meeting with GM's chairwoman Mary Barra.

 

 

Far East Auto Literature

31 January, 2024