GM's China Car Unit Sales Exceed 1 Million This Year With Buick Delivery
General Motors Co.’s passenger-car venture in China sold its millionth unit this year, becoming the first carmaker to reach that sales level in the world’s largest auto market.
The company delivered the car, a Buick Lacrosse, to its buyer in Shanghai this month, GM’s Chinese partner SAIC Motor Corp. said in a statement posted on its website yesterday.
GM, the biggest U.S. automaker, said last month it expects to sell as many as 2.3 million vehicles, including minivans, in China this year and for sales to increase as much as 15 percent in 2011. China is the largest market by unit sales for the Detroit-based automaker.
China’s passenger-car deliveries to dealers rose 29 percent to 1.34 million in November as customers rushed to take advantage of government incentives supporting vehicle-buying that may expire at the end of the year, according to figures from the China Association of Automobile Manufacturers.
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