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GM China Sales Hit 2 Million In 2012 So Far

Mon, 09/24/2012 - 2:15pm
The Associated Press

DETROIT (AP) — General Motors says it has sold 2 million cars in China this year, reaching the milestone for the third straight year.

The milestone sale came on Sept. 21, the earliest that GM has ever hit the number. GM says it reached 2 million in sales on Oct. 17 last year and on Nov. 4 in 2010.

Shanghai GM sells the Buick, Chevrolet and Cadillac brands in China. The company's joint venture with the Chinese government, SAIC-GM-Wuling sells brands made for China.

GM China President Kevin Wale says the increase came despite a slowdown in China's auto sales growth. Growth fell to 3.7 percent in August, down from July's 11 percent and June's 15.8 percent.

GM was the first global automaker to reach 2 million annual sales in China.

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