GM sells record cars in China for March 2009

GM reported this morning that GM auto sales in China for March 2009 are up 24.6% from March 2008 to 137,004 cars. The number is the most GM has ever sold in China in one month. China remains a strong emerging market for GM as the company tries to maximize sales and re-establish itself as a viable automaker.

GM faces bankruptcy as the U.S. government June 1 reorganization deadline approaches. It is also believed GM could spinoff into two companies, one with higher performing divisions, and the other with the weaker divisions.

GM most recently unveiled the PUMA Segway style car yesterday.

China is set to announce full auto sales figures for March tomorrow.