GM’s China auto ventures sales up 15pc in 2012
BEIJING, Jan 9 — General Motors Co’s China joint ventures sold 2.85 million vehicles in the country last year, up 14.7 per cent from a year earlier, they said.
GM’s car venture with SAIC Motor Corp sold 1.39 million cars in 2012, up 13.1 per cent, while sales at the partner’s mini vehicles venture in south China rose 12 per cent to about 1.46 million, according to the companies’ websites.
GM is expected to announce soon its overall China sales numbers, which will include imported vehicles, for December.
In 2011, GM sold 2.55 million vehicles in China, up 8.3 per cent from a year earlier. — Reuters