GM Nears New Sales Benchmark in China |
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Topics: General Motors
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VOA Breaking News (Voice of America)
November 4, 2010 at 5:10 am
U.S. automaker General Motors says it is about to become the first international company to sell more than 2 million cars in a single year in China.
The company Thursday reported record sales in October, bringing it within 25,000 vehicles of the 2 million benchmark with two months still to go.
Sales in China, now the world’s largest auto market, have been vital to the comeback of the largest American automaker, which was rescued from bankruptcy last year.
Kevin Wale, the managing director of the GM China Group, called the announcement “another milestone” for General Motors in China. He said it has been just three years since GM and its joint venture partners became the first international company to sell 1 million cars in China in a year.
Some information in this story was provided by AP and AFP.