gm\s china firsthalf sales rise 53
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

GM\'s China first-half sales rise 5.3%

Arab Today, arab today

Arab Today, arab today GM\'s China first-half sales rise 5.3%

Shanghai - AFP

General Motors said Tuesday its sales in China, the world\'s largest auto market, rose 5.3 percent on-year in the first half of 2011 to a record 1.27 million vehicles. June sales alone were up 9.9 percent on-year at 193,878 units, boosted by strong demand for passenger cars made by Shanghai GM, its joint venture with China\'s largest auto maker SAIC Motor, the US auto giant said in a statement. \"Domestic demand for the Buick, Chevrolet and Cadillac brands hit new June highs,\" it said. The rise in June ended two consecutive year-on-year falls in sales posted in April and May. The number of vehicles sold by GM and its joint ventures had dipped 2.7 percent to 190,674 units in May, while April sales fell 4.6 percent year-on-year to 203,367. China, which overtook the US to become the world\'s top auto market in 2009, has become increasingly important for global players such as GM. Auto sales in China rose more than 32 percent last year to a record 18.06 million units. But the sector overall has since lost steam after Beijing phased out sales incentives such as tax breaks for small engine vehicles to ward off the impact of the global financial crisis. Auto sales in China fell 3.98 percent from a year earlier in May to 1.38 million, declining for the second straight month, according to the China Association of Automobile Manufacturers, a government affiliated industry group. Shanghai GM\'s domestic sales rose 41.4 percent on year in June while sales at GM\'s commercial vehicle joint venture, SAIC GM Wuling, fell 11.2 percent to 88,027 units due to the expiration of incentive policies, the statement said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gm\s china firsthalf sales rise 53 gm\s china firsthalf sales rise 53

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gm\s china firsthalf sales rise 53 gm\s china firsthalf sales rise 53

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 16:03 2017 Thursday ,21 December

US hits Myanmar general in new global rights sanctions
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday