
General Motors U.S. sales may have dropped 20 percent in the last month, but the US automaker saw an increase in demand for its products in China during the month of August. In fact GM’s sales in China climbed 112.7 percent last month, increasing GM’s yearly forecast.
Based on the Automotive News GM’s China sales saw a huge 112.7 percent increase in August totaling to 152,365 units. With that , GM’s sales for China will total to 1.11 million vehicles, that is up by 49.6 percent compared to last year.
According to Kevin Wale president and managing director for GM China “We are now looking at a market of 11.5 to 12 million vehicles, up from 9.1 million units last year,” “We expect GM sales for the year as a whole to rise by more than 40 percent from 2008.”
GM now has plans for rolling out 30 new products for the China market over the next few years. This will ensure that GM does not lose grip to what is becoming one of the most important markets in the world.


