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GM: China Vehicle Sales Rise 19 Percent

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[January 10, 2008]  SHANGHAI, China (AP) -- General Motors Corp. said Thursday that strong demand helped push its 2007 sales in China to 1.03 million vehicles, up 19 percent from the previous year.

Shanghai General Motors Corp., GM's joint venture with Shanghai Automotive Industry Corp., sold 479,427 vehicles last year, up 17 percent from a year earlier, the company said.

SAIC-GM-Wuling Automobile Co., the company's mini-vehicle joint venture in China with SAIC and Wuling Automobile Co., saw sales climb 20 percent to 548,945 units.

"Despite growing competition across the board, demand remained robust for our established products such as the Buick Excelle and LaCrosse and the Chevrolet Lova," Kevin Wale, GM's China Group president, said in a written statement.

GM's China sales in 2006 totaled 876,747 units, up 32 percent from a year earlier.

The Detroit-based automaker has sought to broaden its product lineup to appeal to a wide range of customers in the fast-growing China market.

Vehicle sales grew 25 percent last year in China to 7.2 million units, making it the world's second-largest auto market. The majority of the vehicles sold were trucks and buses; passenger car sales totaled 3.8 million in 2006.

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GM said Buick remains its most popular brand in China, with domestic sales of 332,115 units in 2007.

Sales of Chevrolets rose 21 percent to 172,182 units. Cadillac sales soared 148 percent to 7,022 units, GM said.

[Associated Press]

Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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