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GM expects 2m units for 2010

2010-11-05 16:01

General Motors Co said it is set to sell more than 2 million vehicles in China this year after posting record sales for October.

GM and its ventures in China sold 199,641 vehicles last month, up nearly 20 percent from the year before. That took its sales for the first 10 months of the year to 1,976,913 vehicles - a gain of 36 percent, it said in a statement on Thursday.

Its rival Ford Motor Co, which got a later start in China and has smaller operations here, reported it sold 49,681 vehicles in October, up 33 percent. Ford's China sales in January to October surged 39 percent to 468,754.

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