Market Overview

GM China Sales Up 11.7% In April

Sales at General Motors Co (NYSE: GM) and its China joint ventures climbed 11.7% y/y in April to 227,217 vehicles.

Sales of passenger cars by Shanghai GM dropped 2.2% to 94,101 vehicles, while sales at SAIC-GM-Wuling jumped 22% to 117,829 vehicles. Sales at FAW-GM came in at 5,141 vehicles.

For the first four months of the year, sales at GM and its joint ventures climbed 9.4% y/y to 972,369 vehicles.

GM shares closed at $22.36 on Friday.

Posted-In: China salesNews

 

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