General Motors (NYSE:GM) posted a 12.6% sales increase in China in March, capping a record first quarter for the automaker in the world's largest vehicle market.
GM, which sells more vehicles in China than in the U.S., recorded a 9.6% sales increase in the first quarter to 816,373 units.
In March, the company's Shanghai GM unit achieved a 15.2% increase to 126,785 units. That included a record March for Buick, which rose 22.8% to 70,118 units.
An encouraging sign for GM was the 32.2% increase in sales for Cadillac to 3,629 vehicles. The luxury brand benefited from the arrival of the XTS large sedan. which recently started production in Shanghai.
But Chevrolet sales fell 3.1% to 53,038 units, GM said.
GM China's Wuling unit sold 148,060 units in March, up 13.7%.
Most Popular Stories
- Criminal Investigation Opened Into James Foley's Death
- Investors Betting on ECB Stimulus Measures
- Jennifer Lopez Would Marry Again
- Hackers Get Homeland Security Employee Records
- Apple Stock Bounces Back Big Time
- 'Mythbusters' Build Team Gets the Boot
- Mo'Ne Davis a Big Winner Despite Loss
- Advocacy Group Calls for Chrysler Probe
- DHS Warns Retailers About Malware in Cash Registers
- Florida Judge Rules in Favor of GOP Voter Map