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Shanghai GM leads sedan sales in Jan: CAAM

Feb. 14, 2012 (China Knowledge) - Shanghai GM, a joint venture between General Motors and SAIC Motor Corp Ltd<600104>, sold 117,200 sedans in China in January 2012, ranking first in the top ten automaker list released by the China Association of Automobile Manufacturers.

Shanghai Volkswagen Automotive Co Ltd ranked second with sales of 85,700 sedans, followed by FAW-VW Automobile Co Ltd with 66,600 units, Beijing Hyundai Motor Co with 53,500 units, Dongfeng Nissan Ltd with 52,500 units, Geely Holding Group Co Ltd with 38,500 units, Dongfeng Peugeot Citroen Automobile Co Ltd with 34,300 units, Dongfeng Yueda Kia Motor Co Ltd with 28,700 units, Chery Automobile Co Ltd with 26,700 units and Changan Ford Mazda Automobile Co with 25,400 units.

Last month, the combined sales volume of the ten automakers amounted to 529,100 units, accounting for 66.36% of the total sedan sales in the country.

According to a separate report from CAAM, China's vehicle sales totaled 1.39 million units in January 2012, reflecting a year-on-year decline of 26.39% or a sequential decrease of 17.75%. Passenger vehicle sales for last month totaled 1.16 million units, down 23.81% from a year earlier.

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