GM China announced that its sales volume in China has exceeded 1 million units, and half of its sales target for 2 million units has been completed in 2010. The liberation of light truck products produced by GM and the FAW joint venture will also be included in the statistics.
As early as 2007, the sales volume of General Motors in China had already broken one million, becoming the first multinational automobile company in the Chinese market with annual sales exceeding one million vehicles. Since then, GM has sold more than one million cars in China for many consecutive years. Compared with the speed of breaking millions of cars in mid-August last year, this year is three months ahead of schedule this year. In 2009, General Motors and its joint ventures sold the first million cars in China on August 12. The total sales volume reached 1.8 million last year.
It is worth mentioning that these 1 million vehicles also include products manufactured by FAW-GM Light Commercial Vehicles Co., Ltd.—the liberation of light trucks. The company was established by a joint venture between GM and FAW last year, and it has slogan “Liberalization of Light Trucks, Universalâ€. . Published data shows that in March this year, FAW-GM’s liberation light trucks sold 13,233 units in a single month, setting a new record high.
General Motors was founded in 1908. At present, GM has established 10 joint ventures in China.
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