August 6, 2014 at 9:35 am

GM sells record 249K vehicles in China joint venture

General Motors Co. said Wednesday that the automaker and its joint ventures in China sold a record 249,734 vehicles in China in July, up 12.7 percent from the same month a year ago.

The company also said that on Wednesday it sold its 2 millionth vehicle in China for 2014, the earliest in the year GM has reached that milestone. China is GM’s largest sales market.

“We will continue to expand our portfolio and introduce more product offerings in China to meet increasingly diverse demand in our largest market,” GM China President Matt Tsien said in a statement. “Great products will enable us to stay ahead of this fast-growing and rapidly changing market.”

Buick sales rose 1 percent, Chevrolet sales were up 10.9 percent, Cadillac sales shot up 58.1 percent and Wuling brand sales increased 25 percent year over year.

Through the first seven months this year, GM and joint ventures sold 1.98 million vehicles in China, up 10.7 percent over the same months in 2013.
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