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Shanghai GM's sales up 20.6% in Nov

Dec. 4, 2012 (China Knowledge) - Shanghai GM, a joint venture between General Motors and SAIC Motor Corp Ltd<600104>, has announced its auto sales for November of this year hit 140,193 units, up 20.6% YoY, sources reported.

Sales of Buick vehicles rose17.4% YoY to 70,172 units last month, including 13,209 units of Buick Excelle GT and 23,381 units of Buick Excelle, respectively.

Meanwhile the sales of Chevrolet vehicles surged 24.9% YoY to 66,761 units last month. The company delivered 3,260 Cadillac vehicles in November, reflecting a YoY increase of 8.4%.

In the first eleven months of this year, Shanghai GM's auto sales amounted to a record 1.28 million units, 11.3% more than in the same period of 2011.

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