Economy

Markets

Industries

Insights

Reports

Events

GM's China auto sales hit record high in September

(China Daily/Agencies)
Updated: 2009-10-10 08:43

US auto giant General Motors, struggling to boost sales at home after emerging from bankruptcy, said on Friday that sales in China, the world's biggest car market, hit a record high in September.

Related readings:  GM taps China's science talent for Shanghai lab  GM on target with change, but faces risks  GM raising output at 3 US plants  Production lines roll as GM, FAW team up

GM and its Chinese partners saw sales rise to 181,148 units in September from 152,365 in August - a nearly 19-percent jump, and the latest in a series of single-month records stretching back to January.

The company's China sales for the first nine months of the year soared 55.6 percent to nearly 1.3 million units, another record, giving GM and its partners an estimated market share of 13.4 percent, GM said in a statement.

"Sales continue to surpass forecasts as nearly all market segments experience growth," GM China Group President and Managing Director Kevin Wale said.