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December 3, 2009

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Driving To A New Record

GENERAL Motors Co drove to a new record in November when its sales in China accelerated 109.5 percent to 177,399 vehicles.

For the first 11 months of the year, United States-based GM and its Chinese joint ventures sold a total of 1,636,799 vehicles, a surge of 64 percent from the same period in 2008.

Analysts don't expect the global management reshuffle in GM to impact the car maker's strategy and sales in China.

GM earlier said it plans to double its sales in China to 2 million units by 2015 and introduce more than 30 new or revamped models to widen its product portfolio.

Lin Huaibing, an analyst at auto consulting firm Global Insight in Shanghai, said China will overtake the United States as the biggest auto market this year.


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