GM remains the fourth largest carmaker in 2019
- The GM group (Chevrolet, Buick, GMC, Cadillac, Baojun, Wuling) published its sales figures for the year 2019. Its world sales fell to 7.47 million units against 8.38 million in 2018, which represents a decrease of 10.9% and a loss of 910,000 units over one year.
This decline is mainly due to the fall of sales in China last year (-27% representing a loss of 770,000 units) but GM saw also its sales fall in other markets (-75,000 sales in the United States, -30,000 units in Canada and -15,000 in Korea). This significant decline by the GM group follows a comparable drop recorded in 2018, consequence of the sale of its European brands to PSA. In two years, the American carmaker is far from the first carmakers and fall to the level of Hyundai-Kia, but retains its fourth place.
This decline is mainly due to the fall of sales in China last year (-27% representing a loss of 770,000 units) but GM saw also its sales fall in other markets (-75,000 sales in the United States, -30,000 units in Canada and -15,000 in Korea). This significant decline by the GM group follows a comparable drop recorded in 2018, consequence of the sale of its European brands to PSA. In two years, the American carmaker is far from the first carmakers and fall to the level of Hyundai-Kia, but retains its fourth place.
- GM group's global sales in 2019 break down:
1. China remains its main market, with 3.26 million vehicles, or 43% of its world sales, thanks to Baojun and Wuling.
2. USA remains its second market, with 2.88 million vehicles, or 38% of its world sales.
3. Brazil remains its third market, with 475,000 vehicles, or 6% of its world sales.
- These three markets represent 87% of the GM group's global sales in 2019, which are divided into 3.65 million units for Chevrolet, 1.10 million units for Buick (80% registered in China), 657,000 units for GMC, 385,000 for Cadillacs. On the Chinese market, Baojun sold 604,000 units and Wuling 1.08 million.
- The GM group's best-selling model in 2019 is the Chevrolet Silverado pickup (553,000 units).
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