General Motors reports improved sales in China

General Motors reports improved sales in China

World’s largest maker of automobiles General Motors has said that their sales in the Chinese market rose 36.7 percent in the first nine months from a year earlier.

The company is now hoping for the sales to be up by around 30% for the entire year.

GM has sold around 645,680 vehicles via its two local ventures in the January-September period in china.

The company added in a statement: “For the year as a whole, GM and our joint ventures are on track to again outpace the market. We anticipate annual sales growth of about 30 percent.”

However, they are not the only international automaker to perform well in china. Both Toyota and Ford have more than doubled their vehicle sales in China in the first nine months of this year.