GM hits all-time sales record in China

General Motors and its joint ventures sold more than 300,000 vehicles in a single month for the first time ever in China last month, the company reported.

January sales totaled 310,765 units, an increase of 26 percent from last January and 15.9 percent above the previous all-time monthly high of 268,035 units in January 2011.

Domestic sales by Shanghai GM and SAIC-GM-Wuling, and their Buick, Chevrolet and Wuling brands all set new single-month records as well in January.