SHANGHAI (Bloomberg) — General Motors Co. and Ford Motor Co. reported gains in sales in the world’s largest auto market last month as Chinese consumers shunned Japanese brands amid a territorial dispute between the two countries.
Deliveries of GM’s cars and minivans in China climbed 14 per cent to 251,812 units in October, the automaker said in a statement on its web site. Ford sold 60,518 vehicles last month in the country, or 48 per cent more than a year earlier, according to an e-mailed statement.
American auto brands have benefited from the consumer backlash against Japanese carmakers including Toyota Motor Corp. and Honda Motor Co. as tensions escalated in the past two months over a group of uninhabited islands at the center of a decades-long ownership dispute between Asia’s two largest economies.
“The influence on consumer mentality here could be long- lasting,” said Lin Huaibin, a Shanghai-based analyst at IHS Automotive. “This is bad news for the Japanese OEMs and very good news for the Germans and Americans.”
Toyota’s China sales plunged 44 per cent last month, following a 49 per cent drop in September. Both Honda and Nissan Motor Co. reported their worst monthly drops on record in October, based on available company figures stretching back to 2007 and 2008 respectively. The slowdown has persisted even after anti-Japan protests have subsided in China.
In contrast, GM reported Buick sales increased 7.7 per cent last month to 60,510 units, Chevrolet deliveries gained 8.3 per cent to 54,660 and Cadillac rose 20 per cent to 2,491. Wuling brand sales, which includes mini-commercial vehicles, climbed 17 per cent to 118,788 units while the China-only Baojun marque sold more than 10,000 in a month for the first time, according to the company’s statement.
Ford said it sold 33,614 Focus compact cars in October. The company will introduce two new SUVs, the Kuga and the EcoSport, in China in the next few months, according to its statement.
GM, which plans to invest as much as $7 billion in the five years to 2015 in China, is banking on the world’s largest vehicle market to retain its global sales crown from Toyota.
Bob Socia, a former vice president of global purchasing and supply chain, took over as China chief on Oct. 1 from Kevin Wale, who retired.
Columns Everything you need to know about purchasing, maintaining and driving your car.
Become a member
Register now to access all features including:
- Save and ask friends to review vehicles
- Exclusive rebates & offers from local dealers
- Premium content, reviews and tools
All for free!
Already a member?
Registration 2 of 2
Welcome to Wheels!
As a final step we've sent a confirmation to your email address as a security measure. Please click the link in the email to complete your registration.
Terms of services
DISCLAIMER OF WARRANTIES AND LIMITATION OF LIABILITY
TO THE FULLEST EXTENT PERMITTED BY LAW, TORONTO STAR IS PROVIDING THE TORONTO STAR WEBSITES ON AN "AS IS" AND â€œAS AVAILABLEâ€ BASIS AND MAKES NO WARRANTIES OR REPRESENTATIONS, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, IN ANY CONNECTION WITH THE TORONTO STAR WEBSITES, THEIR CONTENTS, OR ANY WEB SITE OR CONTENTS WITH WHICH IT IS LINKED. TORONTO STAR DOES NOT WARRANT THAT THE FUNCTION OF THE TORONTO STAR WEBSITES OR THEIR CONTENTS WILL BE UNINTERRUPTED OR ERROR FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE TORONTO STAR WEBSITES OR THE SERVERS THAT MAKE IT AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.
TO THE FULLEST EXTENT PERMITTED BY LAW, UNDER NO CIRCUMSTANCES, INCLUDING, BUT NOT LIMITED TO, NEGLIGENCE, SHALL TORONTO STAR BE LIABLE FOR ANY LOSS OF USE, LOSS OF DATA, LOSS OF INCOME OR PROFIT, LOSS OF OR DAMAGE TO PROPERTY, OR FOR ANY DAMAGES OF ANY KIND OR CHARACTER (INCLUDING WITHOUT LIMITATION ANY COMPENSATORY, INCIDENTAL, DIRECT, INDIRECT, SPECIAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES), EVEN IF TORONTO STAR HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR LOSSES, ARISING OUT OF OR IN CONNECTION WITH THE USE OF THE TORONTO STAR WEBSITES, THEIR CONTENTS, OR ANY WEBSITE OR CONTENTS WITH WHICH IT IS LINKED. IN NO EVENT SHALL TORONTO STARâ€™S TOTAL LIABILITY FOR ALL DAMAGES, LOSSES, AND CAUSES OF ACTION, WHETHER IN CONTRACT, TORT (INCLUDING, BUT NOT LIMITED TO, NEGLIGENCE), OR OTHERWISE, EXCEED THE AMOUNT PAID BY YOU FOR ACCESSING THIS SITE.X