GM sells several brands in China, including homegrown nameplates, and the Detroit auto maker sold 3.9 million vehicles in China last year, 25% more than its U.S. total. In 2016, Cadillac sold 170,000 vehicles in the U.S. and 116,000 in China. Johan de Nysschen, Cadillac’s president, has said China will be a primary growth engine for the brand. Cadillac sales increased 11% in 2016, and the momentum was entirely due to customers in China. A Cadillac spokesman said Thursday that China sales surpassing U.S. levels was due to seasonal factors and doesn’t indicate how the entire year will go.
Source: Wall Street Journal February 03, 2017 04:30 UTC