GM, SAIC sales rebound in April as market recovers

GM, SAIC sales rebound in April as market recovers

General Motors' sales in China saw double-digit growth in April, its two local ventures said Sunday, as the world's biggest auto market continued to recover from the coronavirus.To get more saic motor news, you can visit shine news official website.

GM's joint venture with SAIC Motor Corp, which manufactures Buick, Chevrolet and Cadillac vehicles, said April sales grew 14 percent compared with a year earlier. It said it sold 111,155 cars and light trucks in April, including exported vehicles.

SGMW, a separate GM venture with SAIC and Guangxi Automobile Group which produces no-frills minivans and has started to make higher-end vehicles, said sales jumped 14 percent to over 127,000 last month.

GM, which is China's second-biggest foreign car company after Volkswagen Group, said sales in China fell 43 percent in the first three months of 2020 compared with the same period last year.

To attract customers, GM and SAIC have hired social media celebrities to promote new models and are offering free medical masks to customers.

China's biggest automaker SAIC, which sold more than 6 million cars and light trucks last year, said sales rose 0.5 percent compared to the same period last year. As well as the GM venture, it also builds its own brand cars and operates a venture with Volkswagen.