GM sees strong growth in China auto sales

GM sees strong growth in China auto sales

GM sees strong growth in China auto sales

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KMOV.com

Posted on November 7, 2011 at 12:43 PM

   SHANGHAI (AP) -- General Motors Co. says its sales in China jumped 10 percent to a record 220,412 in October, helped by renewed strong demand for its minivehicles.
   The company said Monday that sales by GM and its China joint ventures exceeded 2.1 million so far this year.
   Ford Motor said its sales in October were flat compared with a year earlier at 40,857 units, though its January-October sales were up 9 percent, at 426,814.
   Demand for vehicles in China, the world's largest auto market, has softened this year as the government ended tax incentives and subsidies meant to encourage purchases of small, fuel efficient cars.

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