Tuesday, January 25, 2011

GM's China sales pass US for first time in history

DETROIT (AP) - General Motors says it sold more cars and trucks in China last year than it did in the U.S. for the first time in its 102-year history.

The company sold 2.35 million vehicles in China. That's about 136,000 more than it sold in the U.S.

GM says sales in fast-growing China were up 28 percent, but rose only 6.3 percent in the U.S. GM's sales were up 12 percent worldwide as it recovered from a 2009 bankruptcy.

Despite GM's growth, Toyota held onto the title of world's largest automaker. The Japanese company reported 8.42 million sales worldwide last year. That's 30,000 more than GM's 8.39 million.

GM expects growth to continue. On Monday the company will add a shift to a Flint, Mich., truck plant to handle increased demand.


Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

No comments:

Post a Comment