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2007 - 04 - 03 15:03    sznews
 

    GENERAL Motors Corp and its joint venture partners said today their combined sales in China jumped 25 percent in the first quarter, a boon for the US automaker struggling to revive sales at home.

    GM is the market leader in China, the world's second-biggest -- and fastest-growing -- vehicle market, The Associated Press reported.

    The company said its sales in China totaled 291,588 vehicles in the first three months of the year. In March alone, it moved 100,538 units, just the second time single-month sales have topped 100,000, it said in a release.

    The first-quarter performance nudged GM's share of the Chinese vehicle market up 0.5 percent point over the same period last year to an estimated 13.9 percent, it said.

    In 2005, GM overtook Germany's Volkswagen AG as China's biggest automaker. In 2006, GM's sales in the country rose 32 percent to 876,747 vehicles.

 
(Source: Shanghai Daily) Editor: Jenny Du
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