China Sales Power GM to Double-Digit Sales Growth
Topics: General Motors
VOA Breaking News (Voice of America)
January 24, 2011 at 7:30 am
American auto giant General Motors said Monday its global sales were up by 12.2 percent last year, powered in large part by the booming auto market in China.
GM sales in China were up by more than 28 percent in 2010 as the company became the first to sell more than 2 million cars in the country in a single year.
Altogether, the company sold just under 8.4 million cars worldwide last year, only slightly behind the Japanese industry leader Toyota Motor Corporation, which sold 8.42 million. Toyota replaced GM as the world's biggest auto maker in 2008.
General Motors also reported a 6.3 percent sales increase in the United States, its second largest market. Its third largest market is Brazil, where sales were up by more than 10 percent.
GM emerged from a bankruptcy reorganization in July 2009.
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