Go Symbol Lookup
Loading...

GM's China Sales Pass US for First Time in History

 Text Size  
Published: Monday, 24 Jan 2011 | 8:52 AM ET
By: 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.

Getty Images
Gm Building

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.

 Print
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.
  Price   Change %Change
GM ---
7203.T ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Behind the Wheel with Phil Lebeau