GM says November China auto sales up 5.3 percent year-on-year

Wed Dec 3, 2014 12:05am EST
 
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SHANGHAI (Reuters) - General Motors Co GM.N and its Chinese joint ventures sold 310,094 vehicles in China in November, up 5.3 percent from the same month a year earlier, the U.S. automaker said on Wednesday.

That follows a 3.2 percent year-on-year rise in October and a 15.2 percent rise in September.

The company's sales in the first 11 months of the year totaled 3.18 million vehicles, up 10.1 percent from the same period a year earlier.

GM has said it plans to invest $12 billion in China between 2014 and 2017 and build five more plants to ramp up its manufacturing capacity.

GM makes vehicles in China in partnership with China FAW Group Corp and SAIC Motor Corp Ltd 600104.SS.

(Reporting by Adam Jourdan; Editing by Brenda Goh)

 
An employee yawns as he walks among General Motors' new Chinese-made cars at a parking lot in Shenyang, Liaoning province April 21, 2014. REUTERS/Stringer