gm china sales grow despite slowdown
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

GM: China sales grow despite slowdown

Arab Today, arab today

Arab Today, arab today GM: China sales grow despite slowdown

Shanghai - AFP

General Motors' sales in China hit a record 220,996 vehicles in August, the US auto giant said Wednesday, despite an economic slowdown in the country with the world's largest car market. GM's August sales in China rose 7.3 percent compared to the same month last year and 10.8 percent from this July, it said in a statement. For the first eight months of this year, the company and its ventures sold more than 1.8 million units in China, up 11.2 percent year-on-year. China's nationwide auto sales slowed last year after the government rolled back purchasing incentives and some cities imposed limits on car numbers to ease traffic congestion and cut pollution. The southern city of Guangzhou in July set rules to limit the number of cars through a quota on the number of vehicle number plates made available by the government, following other cities like Beijing and Shanghai. China's auto sales rose just 2.5 percent to 18.51 million units in 2011, compared with an annual increase of more than 32 percent in 2010. But foreign brands have managed to buck the trend with better brand recognition and perceptions of better quality among domestic consumers. GM sold more than 2.5 million vehicles in China last year.

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 china sales grow despite slowdown gm china sales grow despite slowdown

 



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 china sales grow despite slowdown gm china sales grow despite slowdown

 



GMT 08:16 2017 Saturday ,03 June

Singer Saad Lamjarred confident of his innocence

GMT 19:45 2017 Saturday ,09 December

'National homage' to French rocker Johnny Hallyday

GMT 13:23 2017 Tuesday ,18 April

Sophisticated Classic Dining Room Design Ideas

GMT 11:22 2017 Monday ,23 January

US pop star defends explosive anti-Trump speech

GMT 05:05 2017 Tuesday ,16 May

Daring Kidman is the queen of Cannes

GMT 06:28 2017 Thursday ,02 November

Timeline of major jihadist attacks in the US

GMT 11:01 2017 Tuesday ,31 January

Saudi 'Paul McCartney' in rare concert

GMT 09:36 2017 Saturday ,04 November

Al Naqash aspires to win final

GMT 17:46 2017 Monday ,17 April

Jordanian King issues 7th Discussion Paper

GMT 21:03 2013 Friday ,04 October

Norilsk Nickel to shed non-Russian assets
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

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday