GM to produce 15 new and redesigned models in China this current year

FILE PHOTO – The GM logo is noted on the Vehicle Warren Transmission Operations Plant in Warren, Michigan October 26, 2015. REUTERS/Rebecca Cook/File Photo

BEIJING (Reuters) – General Motors Co plans to launch 15 new and redesigned vehicles in China this holiday season, within a bid to “strengthen sales momentum” while in the world’s biggest automobile market, this company said .

Roughly 1 / 2 these brand new products might be sport-utility vehicles and minivans, although some are models for GM’s premium brand – Cadillac.

“GM will sharpen its focus on the segments using the strongest consumer demand like SUVs, MPVs and luxury vehicles,” the company said inside of a statement.

GM and it is local joint venture partners sold 4.04 million vehicles in China this past year, a rise of 4.4 % from your year earlier. The interest rate was slightly faster than that from which China’s overall vehicle market grew a year ago.

According into the China Association of Automobile Manufacturers, vehicle sales in China totaled 28.88 million vehicles in 2009, up 3 percent on year.

(Reporting By Norihiko Shirouzu; Editing by Sherry Jacob-Phillips)

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