GM says China vehicle sales up 67% in 2009

ERJ staff report (AN)

Shanghai, Chaina (Reuters) — General Motors Co.’s China vehicle sales in 2009 jumped 66.9 percent from a year earlier, the company said today as Beijing’s policy initiatives drove customers to showrooms.

GM sold 1.83 million vehicles in the country last year and expanded its market share to an estimated 13.4 percent, up from 12.1 percent at the end of 2008, the automaker said in a statement.

Shanghai GM, its flagship car venture with SAIC Motor Corp, sold 727,620 cars in 2009, up 63.3 percent…

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