General Motors is the largest foreign automaker in China and its local venture partners are on track to sell more than 2 million vehicles in the region this year, four years ahead of schedule.
To keep the lead going, GM plans on introducing 25 new or updated models in China by the end of 2011. The new models will include the Chevrolet Volt extended-range electric-vehicle in 2011, the company said. GM also said that it plans on adding more hybrids, plug-in hybrids and electric-vehicles within the next five years. It will also increase the use of turbochargers, direct-injection systems and improved aerodynamics to increase fuel efficiency of its products.
GM China sales were up 68 percent in March to 230,048 units, compared with U.S. sales of 188,546.
Last year, China overtook the U.S. as the world’s largest automaker driven by government incentives.
– By: Kap Shah