GM To Boost Car Production In China

General Motors said on Sunday it will be able to produce 5 million cars per year by the end of 2015. It sold just over 3 million vehicles in China last year.

Copyright © 2014 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required.

STEVE INSKEEP, HOST:

NPR's business news starts on the road in China.

(SOUNDBITE OF MUSIC)

INSKEEP: The Beijing Auto Show is underway and among the big announcements is this: General Motors says it will boost its production in China. GM said yesterday it will be able to produce five million cars per year by the end of 2015. It sold just over three million vehicles in China last year.

The company has been in fierce competition with Volkswagen as China's most popular carmakers. GM plans to open three factories in China by the end of 2014 and two more next year.

Copyright © 2014 NPR. All rights reserved. No quotes from the materials contained herein may be used in any media without attribution to NPR. This transcript is provided for personal, noncommercial use only, pursuant to our Terms of Use. Any other use requires NPR's prior permission. Visit our permissions page for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.