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GM to introduce 20 new models in China in two years

 BEIJING – “As our largest market, China played a significant role in GM’s success in 2010. We will continue investing aggressively in China to ensure the long-term success of our company.” General Motors Co. chairman and CEO Dan Akerson told audience at a media briefing today in Beijing.

According to Akerson, new GM will continue to make China one of its priorities. “To remain a global industry leader, GM must remain an industry leader in China,” said Akerson.

Akerson also revealed that GM also plans to introduce more than 20 new and upgraded models to Chinese market over the next two years.

In 2010, GM and its joint ventures sold a record 2.35 million vehicles in the China,  up 29 percent year-on-year and overtaking its U.S. sales for the first time in the company’s 102-year history. The American auto giant saw a total sale of 268,100 vehicles in January 2011 in China, up 22.3 percent over last year.

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