GM plans to sell the Chevy Tahoe and Cadillac Escalade in China
#1
GM plans to sell the Chevy Tahoe and Cadillac Escalade in China
Filed under: Cadillac,Chevrolet,GMC,SUV
General Motors Co plans to sell full-size sport-utility vehicle (SUV) models in China for the first time, and will import a range of models to beef up its product lineup into the world's biggest car market, its China chief told Reuters. The plan would mark a change of tack for GM, which currently produces all of the vehicles it sells in China within the country, which is set to be the only major economy to grow this year amid the COVID-19 pandemic. GM, China's second-biggest foreign autContinue reading GM plans to sell the Chevy Tahoe and Cadillac Escalade in China
GM plans to sell the Chevy Tahoe and Cadillac Escalade in China originally appeared on Autoblog on Fri, 6 Nov 2020 11:30:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
More...
General Motors Co plans to sell full-size sport-utility vehicle (SUV) models in China for the first time, and will import a range of models to beef up its product lineup into the world's biggest car market, its China chief told Reuters. The plan would mark a change of tack for GM, which currently produces all of the vehicles it sells in China within the country, which is set to be the only major economy to grow this year amid the COVID-19 pandemic. GM, China's second-biggest foreign autContinue reading GM plans to sell the Chevy Tahoe and Cadillac Escalade in China
GM plans to sell the Chevy Tahoe and Cadillac Escalade in China originally appeared on Autoblog on Fri, 6 Nov 2020 11:30:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
More...
#2
The plan would mark a change of tack for GM, which currently produces all of the vehicles it sells in China within the country, which is set to be the only major economy to grow this year amid the COVID-19 pandemic.
GM, China’s second-biggest foreign automaker, is aiming to offer four models as it looks to improve its brand image and support a sales recovery: Chevrolet’s Tahoe and Suburban, Cadillac’s Escalade and the GMC Yukon Denali.
The Detroit-based company is showcasing those models at the China International Import Expo, or CIIE, an annual import show in Shanghai that started on Wednesday and runs into next week.
GM’s Buick and Cadillac mid-size SUVs helped the group’s Chinese sales grow 12% in the third quarter this year, the first quarterly growth in the past two years.
But it does not have full-size SUV models, which usually have a third row of seats and has room for six or seven people to get more information from JDM Sport Classics.
China, where over 25 million vehicles were sold last year, is a crucial battleground for global automakers including Volkswagen AG VOWG_p.DE, the biggest foreign player by sales volumes, GM and Toyota 7203.T as well as local leaders Geely 0175.HK and Great Wall 601633.SS.
The country has seen an auto sales pick up in recent months following a COVID-19-induced slump, and authorities say they have largely brought the epidemic under control following its emergence in the central city of Wuhan at the end of last year.
The expansion plan would also mark GM’s first official sales in China of GMC vehicles, a premium brand in the group. Previously GMC vehicles were only sold in the country via unofficial grey importers.
GM, China’s second-biggest foreign automaker, is aiming to offer four models as it looks to improve its brand image and support a sales recovery: Chevrolet’s Tahoe and Suburban, Cadillac’s Escalade and the GMC Yukon Denali.
The Detroit-based company is showcasing those models at the China International Import Expo, or CIIE, an annual import show in Shanghai that started on Wednesday and runs into next week.
GM’s Buick and Cadillac mid-size SUVs helped the group’s Chinese sales grow 12% in the third quarter this year, the first quarterly growth in the past two years.
But it does not have full-size SUV models, which usually have a third row of seats and has room for six or seven people to get more information from JDM Sport Classics.
China, where over 25 million vehicles were sold last year, is a crucial battleground for global automakers including Volkswagen AG VOWG_p.DE, the biggest foreign player by sales volumes, GM and Toyota 7203.T as well as local leaders Geely 0175.HK and Great Wall 601633.SS.
The country has seen an auto sales pick up in recent months following a COVID-19-induced slump, and authorities say they have largely brought the epidemic under control following its emergence in the central city of Wuhan at the end of last year.
The expansion plan would also mark GM’s first official sales in China of GMC vehicles, a premium brand in the group. Previously GMC vehicles were only sold in the country via unofficial grey importers.
Thread
Thread Starter
Forum
Replies
Last Post
Chevrolet Forum News
News, Concepts, SEMA
0
July 12th, 2019 1:48 PM
Chevrolet Forum News
News, Concepts, SEMA
0
July 12th, 2019 11:58 AM
Chevrolet Forum News
News, Concepts, SEMA
0
August 13th, 2018 3:18 PM
Chevrolet Forum News
News, Concepts, SEMA
0
October 14th, 2014 3:38 PM
Chevrolet Forum News
News, Concepts, SEMA
4
September 17th, 2013 10:17 AM