China's auto market rebounds; October SUV sales up by 61 percent Left Lane News
Nov 11th, 2015
By: Justin King
China's automotive market appears to have rebounded in October after several months of trouble.
Sales of sedans, SUVs and minivans surged by 13.3 percent to 1.9 million units for the month, up from a modest 3.3 percent gain in September, according to China Association of Automobile Manufacturers data cited by The Detroit News.
Mirroring US tastes, SUV sales in China surged by more than 60 percent in October as sedan numbers remained flat. Growth is said to have been driven by Chinese brands, partially recapturing market share lost to foreign joint ventures before the slump.
GM appears to be among the leading foreign brands in terms of growth, with October shipments up by 15 percent to 327,000 units. Buick continues to be a particularly strong seller, with brand sales up by 42 percent -- exceeding 100,000 units for the first time.
General Motors 67,002 sales of RWD Wuling people carriers was China's No1 best selling car in Octobet, Wow!!
GM are gonna start shifting Chinese made Buicks to the USA, not so good that will be a slippery slope for US jobs, once one company does it the rest will follow, it will end up like the computer industry Made in China.
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