GM sold 9.7 million cars worldwide last year, outpacing Volkswagen
Published on Jan 14, 2014 11:34 PM
DETROIT (AFP) - General Motors said Tuesday that it sold 9.71 million cars last year, beating out rival carmaker Volkswagen but likely only holding onto second place behind world leader Toyota.
GM said it managed a 4 per cent gain in global sales despite tough conditions in depressed Europe and slowdowns in Latin America and parts of Asia.
Sales grew 7 per cent in the United States and 11 per cent in China, now the world's leading markets.
GM unit Chevrolet sold a record 4.98 million cars and trucks, while its luxury brand, Cadillac, gained 28 per cent on the back of strong sales of 50,000 units in China alone.
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