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GM sales hit 2 million in China
Updated: Monday, 24 Sep 2012, 2:45 PM EDT
Published : Monday, 24 Sep 2012, 2:45 PM EDT
DETROIT (AP) -- General Motors says it has sold 2 million cars in China this year, reaching the milestone for the third straight year.
The 2-millionth sale came on Sept. 21, the earliest date 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 (Woo-LING) 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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