GM Reports Record Sales in China
GM's sales in the world's largest auto market climbed 9.6 percent from January through March 2013 to a record of 816,373 vehicles, including both US and joint venture brands.
"Shanghai GM’s domestic sales last month rose 15.2 percent on an annual basis to a March record 126,785 units. SAIC-GM-Wuling’s domestic sales rose 10.9 percent to 155,065 units and FAW-GM’s domestic sales rose 12.8 percent to 8,369 units. Both were all-time monthly records," GM said in a press release.
The company's sales were led by Buick, who sold a record-breaking 70,118 examples in March, which is an increase of 22.8 percent compared to the same month last year.
General Motors plans to increase total Chinese market sales by 75 percent (5 million vehicles) until 2015.