Baojun+Wuling produce more than Opel+Vauxhall since 2012
- Since 2008, the US group GM owns 44% of Wuling, the Chinese manufacturer of minivans. The Baojun brand, created by Wuling and dedicated to sedans, SUVs and MPVs, dates from 2010. The Wuling and Baojun brands are integrated in the GM group since the early 2000s.
- In 2016, the Baojun and Wuling brands produced and sold 1,865,000 vehicles (including 1,070,000 Wuling and 795,000 Baojun), compared to 1,798,000 units in 2015 and 1,580,000 in 2014. Although Wuling sales have experienced some decline since 2015 (due to the absence of SUVs in its range), Baojun brand sales largely offset this decline.
- In 2016, Wuling and Baojun accounted for nearly one-fifth of the GM's global sales, and have been steadily increasing over the past ten years (5% of GM sales in 2006, 14% in 2010 and 19% in 2016). At the same time, the European Opel-Vauxhall business has continued to decline (18% of GM sales in 2006, 15% in 2010 and 12% in 2016). In addition, the growth potential of vehicle sales in China is much higher than that of vehicle sales in Europe, which means that Wuling and Baojun's share of overall GM sales will continue to increase in future years. It could soon reach one in four.
- The two market evolutions explain among other factors why GM decided to focus on these Chinese brands and to cede the Opel and Vauxhall European brands to PSA.
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