BIZCHINA / Biz Media Digest |
Auto: Shanghai GM to sell 12,000 Cadillacs(Xinhua)Updated: 2007-03-05 16:30 Shanghai General Motors (GM) is hoping to quadruple sales of its Cadillac luxury sedan to 12,000 units in 皇冠体育app this year. "Shanghai GM's sales plan represents the highest growth rate since Cadillac entered 皇冠体育app's market," sources with the company said on Sunday. Last year the company sold 3,000 Cadillacs in 皇冠体育app. Shanghai GM, established in 1997, began making Cadillacs in 皇冠体育app in 2004. "Cadillac sales have developed slowly," sources with the company said, "but it has laid a solid foundation." Sales of luxury cars by other makers far outstrip those of GM's Cadillac. In 2006, BMW sold 22,550 units, while Audi sold 80,808 units. (For more biz stories, please visit ) |
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