GM says China sales this year to top 3.1 million
SHANGHAI (AP) — The president of General Motors Co.'s China unit says it expects sales this year to top last year's record 3.1 million vehicles.
Matt Tsien said Wednesday the company expects sales growth to be slightly higher than overall market growth which is forecast at 8 to 10 percent.
It is also expecting sales of 70,000 vehicles for its luxury Cadillac brand.
China is the world's biggest auto market by number of vehicles sold.
GM and other global automakers are looking to Chinese buyers to drive revenue growth.