GM China sales hit record high in 2010

• Source: Global Times
• [10:10 January 05 2011]
• Comments

US auto giant General Motors said Tuesday that its sales in China, the world's largest car market, increased 28.8 percent year-on-year in 2010 to a new annual record of 2.35 million vehicles.

"GM kept pace with the needs of our customers by introducing 11 new and upgraded models that are leaders in their segments in design, technology and fuel economy," Kevin Wale, president of GM China Group, said in the statement.

"At the same time, we continued to expand our local presence to position GM for long-term growth in China."

China has become increasingly important to GM due to strong domestic demand -- in November, the company became the first international carmaker to sell two million vehicles in a year in the country.

AFP