GM sold 9.7m cars worldwide last year, up 4%
DETROIT, USA: General Motors said that it sold 9.71m cars last year, beating rival car manufacturer Volkswagen but probably only holding onto second place behind world leader Toyota.
Cadillac's global sales rose by 28% last year. Image: GM
GM said it managed a 4% gain in global sales despite tough conditions in a depressed European market and a slowdown in the Latin America and Asian markets.
Sales grew 7% in the United States and 11% in China, now the world's leading markets.
GM unit Chevrolet sold a record 4.98m cars and trucks, while its luxury brand, Cadillac, gained 28% on the back of strong sales of 50,000 units in China alone.
Source: AFP via I-Net Bridge