GM’s China sales rise 3.2% in October
Print Edition
GENERAL Motors Co and its Chinese joint ventures sold 291,371 vehicles in China in October, up 3.2 percent from the same month a year earlier, the US automaker said yesterday.
That follows a 15.2 percent year-on-year rise in September and a 14 percent gain in August.
GM sold 2.87 million vehicles in the first 10 months of this year, up 10.7 percent from the same period a year earlier.
GM plans to invest US$12 billion in China between 2014 and 2017 and build five more plants to boost its output capacity, its China President Matt Tsien said at the Beijing auto show in April.
GM has partnerships with China FAW Group Corp and SAIC Motor Corp in China.
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