S&P 500
7,243.80
+0.24%
Dow Jones
49,630.10
+0.27%
Nasdaq 100
27,750.00
+0.23%
Russell 2000
2,818.11
+0.48%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,585.50
+0.55%

Investing

Best-Selling Car in China? A Buick! (GM)

Photo of Paul Ausick
By Paul Ausick Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Chinese consumers bought 18.5 million automobiles in 2011, and the top pick was a Buick Excelle made by General Motors Co. (NYSE: GM). Some 254,000 of the Excelle were sold last year in China, while Buick’s total US sales reached just 178,000.

GM’s Chevrolet Cruze was the third-best selling car in China last year, with Volkswagen AG’s VW Lavida in second place, according to thetruthaboutcars.com. GM and Volkswagen garnered 7 of the top 10 spots last year.

The Buick’s success in China may be one reason that GM continues to market the brand in the US. Chinese buyers are able to say that they’re purchasing an American car, which is not insignificant in China. If GM were to kill the brand in the US, some of its cachet would be lost, and GM can’t afford to lose Chinese customers.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Paul Ausick |

Volkswagen Leads China Car Sales

General Motors Co.German automaker Volkswagen‘s U.S. sales have been awful and heading toward miserable for over a year now. But…
Paul Ausick |

Mercedes Ranks Number 1 in Customer Satisfaction

Mercedes tops American Customer Satisfaction Index for the second year in a row.
Paul Ausick |

Volkswagen Sets China Sales Record (GM, F)

German carmaker Volkswagen AG sold 2.26 million vehicles in China and Hong Kong during 2011, up 18% year-over-year and a…
Douglas A. McIntyre |

Volkswagen Global Deliveries Jump 17%

courtesy of Volkswagen of AmericaVolkswagen, which many industry experts expect to pass General Motors Co. (NYSE: GM) and Toyota Motor…
Will Trade War Ruin Ford in China?
Douglas A. McIntyre |

Will Trade War Ruin Ford in China?

The trade war with the United States has triggered a pullback in the purchase of American products in China. That…
Will Trade War Ruin Ford in China?
Douglas A. McIntyre |

Will Trade War Ruin Ford in China?

The trade war with the United States has triggered a pullback in the purchase of American products in China. That…
China’s Smaller Cities Help Boost New Car Sales in 2015
Paul Ausick |

China’s Smaller Cities Help Boost New Car Sales in 2015

Passenger car sales rose 11% in China last year, the slowest pace in the past three years. And more than…
Volkswagen’s Growing Challenges in the Global Market
Austin Smith |

Volkswagen’s Growing Challenges in the Global Market

: China’s EV Dominance: Chinese EV companies are pushing Volkswagen out of the market, adding to their global struggles. Declining…
Douglas A. McIntyre |

VW Delivers 10 Million Vehicles, 3.7 Million in China

When Volkswagen released its sales delivery figures for 2014, and it was all China. More than a third of its…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618