Wally Edgar Chevrolet -- GENERAL MOTORS CHINA Sales Continue To Grow

Jan. 4, 2011 - PRLog -- BEIJING (Bloomberg) -- GENERAL MOTORS Co., the biggest foreign automaker in China, boosted sales 29 percent in the country last year as government stimulus policies and rising income spurred demand for cars.


The U.S. carmaker sold 2.35 million vehicles in China last year, GM said Tuesday in an e-mailed statement. The rate of expansion fell from 2009, when the Detroit-based company's deliveries in the country surged 67 percent to 1.83 million.


GM makes vehicles including BUICK Excelle and Regal cars as well as CHEVROLET Lova compacts with its Chinese joint-venture partner SAIC Motor Corp. It also makes Sunshine minivans at SAIC-GM-Wuling Automotive Co.


The SAIC-GM-Wuling venture's deliveries rose 16 percent to 1.23 million units in 2010, while GM's car venture with SAIC boosted sales 42 percent to 1.03 million units, according to GM.

SOURCE: Auto News Europe

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