GM Begins Exporting its First Chinese-developed Car

Company is the first international automaker to export a passenger car developed in China

General Motors said on Oct. 21 that it began exporting its Chevrolet New Sail small family sedan to Chile.

Shanghai GM, the car maker's joint venture with leading Chinese automaker SAIC, said it also plans to sell what it calls the "ideal car for Chinese families" in other markets in South America, North Africa and the Middle East.

"It represents a breakthrough in our strategy to create products for China and other emerging markets," Terry Johnsson, Shanghai GM vice-president for sales, service and marketing said.

GM is the first international automaker to export a passenger car developed in China, Johnsson said.

Since its debut in January, Shanghai GM has sold 90,000 New Sail cars in China, putting it at the top of its segment, the statement said.

GM is the market leader in China, which overtook the United States last year to become the world's biggest auto market.

The automaker and its joint venture partners expect to sell more than two million cars in China this year after selling a record 1.83 million in 2009.

In a sign of Chinas importance to GM, the company based its international operations in Shanghai.

Copyright Agence France-Presse, 2010

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