GM hopeful of selling more vehicles in China
Print Edition
General Motors expects to reach or slightly overtake the 8-10 percent annual growth in China’s car sales this year with the launch of 17 new models, the US automaker said.
GM is optimistic about the Chinese market in the following years and will focus more on China-relevant products, branding and customer satisfaction, Matthew Tsien, GM China’s president, said at the Detroit auto show.
The Buick, Chevrolet, Cadillac, Baojun and Wuling brands will all have new models added to their portfolio in China this year, Tsien said.
China’s car sales increased 13.9 percent in 2013.
GM grew at a below average rate of 11.4 percent to deliver about 3.16 million units with its joint ventures in China last year — still a satisfactory sales performance according to Tsien, who took over the post at the start of this year.
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