GM China sales hit 2 million cars and trucks
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.