Shanghai GM sells 288,854 cars H1, 60,356 June

Shanghai, July 1 (Gasgoo.com) Shanghai GM said today that it sold 288,843 vehicles in the first half of this year, rising by 16.1% year-on-year and setting the company's half-year sales record, sina.com reported. The first-half sales include 60,356 units sold in June, an all-time high of monthly sales.

The passenger car venture between GM and Shanghai-based SAIC saw the January-June sales of its best-selling Buick brand jumped 34% from a year earlier to 195,989 units.

In June, Shanghai GM's new vehicle models recorded higher sales growth. The Buick New Regal sold 7,693 units and Chevrolet Cruze sold 8,623 units.

GM sales in China rose 38% year-on-year in the first six months to a record 814,442 units, an all-time first-half record, the company said today.

First-half sales by GM's commercial-vehicle joint venture in China, SAIC-GM- Wuling Automobile Co., rose 49.9% from a year earlier to 524,598 units.

"Vehicle sales in China are expected to remain strong in the second half of 2009," GM China president Kevin Wale said, adding new models will boost sales.

GM has posted strong sales growth this year in China, its second-largest market, fuelled by brisk sales of minivans and light trucks as Beijing offers tax cuts and subsidies to bolster its auto industry.

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