Gasgoo.com ĘC In accordance with the report by Detroit News on Mar. 4th, the sales of General Motors in February in China was 261,000, increasing by 1.3% and GM plans to increase the investment to build new factories to take the opportunity in Chinese market.
In February, the sales volume of Buick was 59,000, declining by 0.1%. The sales of Chevrolet was 47,500, increasing by 2.5%. The data of Cadillac was 5,959 and 36.1%. For Baojun, the data was 27,500 and 391.6%. The sales volume of Wuling brand cars was 120,600, increasing by 11.9%.
Mr. Stevens, who is the CFO of General Motors, says General Motors will investment 14 billion USD before 2018 and build 4 new auto assembly plants and 2 power assembly plants.