General Motors sales on the climb

General Motors said yesterday its global sales grew four per cent in 2013 on strong demand in the world’s two largest car markets, China and the United States.

Sales of the top US automaker hit 9,714,652 cars and light trucks, an increase of more than 417,000 vehicles, as demand surged 11 per cent to a record high in China and rose seven per cent in the United States. GM said its sales in Brazil inched up one per cent and a whopping 11 per cent in the UK, but fell 11 per cent in Russia. GM's Chevrolet brand saw sales rise slightly, while its Opel and Vauxhall brands in Europe were slightly down in the struggling region, where sales have been sliding since the financial crisis. However, the European brands gained market share for the first time in 14 years, the firm said.