US based automobile manufacturer General Motors (GM) is planning to increase the exports from China by about 70% to130,000 vehicles in 2013, compared to the 77,000 vehicles last year.
The rise in exports are expected to meet the growing demand for the company's Chinese-developed low-cost cars, including Chevrolet Sail in the developing markets.
GM China head Bob Socia was quoted by Reuters as saying, "While GM's primary philosophy is to manufacture where it sells, we find that product exports are necessary to meet global market demands when GM does not have local manufacturing capabilities for a particular vehicle."
Chevrolet Sail is reported to have accounted for about 80% of the total exports by the company from China in 2012.
Currently, the manufacturer is assembling the Sail in Colombia, Ecuador and India by using the components from its Shanghai car venture with SAIC in order to meet increasing demand from abroad.
