GM's China sales rise 13.1% in December; pass 4M annual sales mark
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SHANGHAI/BEIJING -- General Motors' sales in China rose 13.1 percent in December from a year ago to 491,702 vehicles, having increased 13 percent in November, the company said on Thursday.
The automaker's sales volume in 2017 totaled 4.04 million vehicles, up 4.4 percent from the same period a year ago. Its sales grew 7.1 percent in 2016.
This was the first time GM has passed the 4 million-unit sales threshold in China.
GM said China was its largest retail market for the sixth consecutive year. The company said it benefited from "record domestic sales by the Cadillac, Buick and Baojun brands."
“Consumers’ trust in our brands will help us achieve sustainable and high-quality growth going forward,” Matt Tsien, president of GM China, said in a statement. “We will continue to bring the right products and technology to market to meet increasingly diverse demands for personal mobility.”
In 2017, GM added 18 new and refreshed models in China, GM said.
Reuters contributed to this report.
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