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GM posts record sales of 3.61 million vehicles in China in 2015

Xinhua, January 7, 2016 Adjust font size:

General Motors (GM) and its Chinese joint ventures delivered a record 3,612,635 vehicles in China in 2015, up 5.2 percent from the previous high in 2014, and China remained GM's largest market in terms of retail sales, the company said Wednesday.

GM, headquartered in Detroit, said in a statement that GM and its partners sold an all-time monthly record 445,227 vehicles in December in China, up 14 percent year over year.

"We expect to have increased our market share in 2015 through great products and our team's relentless effort," Matt Tsien, GM Executive Vice President and President of GM China said in the statement. "We anticipate continued growth in 2016."

According to Tsien, GM is planning to introduce 13 new and refreshed models in China in 2016, including the Cadillac CT6 to be launched later this month.

The automaker giant launched 12 new or refreshed vehicles in China in 2015.

GM has 11 joint ventures, two wholly owned foreign enterprises and more than 58,000 employees in China, according to the website of GM. Enditem