gm china sales at record high
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

GM :China sales at record high

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice GM :China sales at record high

Shanghai - AFP
US auto giant General Motors said Thursday its China sales for the first half of this year reached a record 1.42 million vehicles, despite an economic slowdown in the world\'s biggest car market. GM\'s sales in the country jumped 11.3 percent in the first six months from a year earlier, it said in a statement. For June alone, its China sales rose 10.1 percent year-on-year to 213,495 vehicles, also setting a new record for the month, GM said. \"Despite signs of slowing economic growth in China, demand for GM products rose in all key segments in the first half of the year,\" GM China Group president Kevin Wale said in the statement. \"We expect sales growth to remain steady in the second half, driven by demand in China\'s interior provinces.\" China\'s economy has been weakening, recording 8.1 percent growth in the first quarter of this year, its slowest pace in nearly three years. Auto sales also began to slow last year after the government rolled back purchasing incentives and some cities imposed limits on car numbers to ease traffic congestion and cut pollution. Despite market expectations for the revival of favourable policies to boost auto sales by offering subsidies to buyers, another major Chinese city has just resorted to limiting car numbers to ease traffic woes. The booming southern city of Guangzhou on July 1 imposed a cap on the number of cars allowed to be sold, state media reported, spurring worries more cities could follow suit. China\'s nationwide vehicle 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.

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 at record high gm china sales at record high

 



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 at record high gm china sales at record high

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 15:46 2017 Saturday ,06 May

Saudi Foreign Minister visits US Congress

GMT 13:17 2017 Friday ,08 September

UN says 270,000 refugees enter Bangladesh

GMT 13:15 2017 Friday ,29 December

Crown Prince meets US Chief of Naval Operations

GMT 06:56 2017 Friday ,16 June

Etisalat launches self-interactive eLife

GMT 09:03 2012 Saturday ,06 October

Foul-mouthed Cole

GMT 10:08 2011 Tuesday ,02 August

Camp helps teens cope with terror attack losses

GMT 18:11 2011 Sunday ,07 August

Concerns ahead of S. Africa climate talks

GMT 05:24 2013 Saturday ,03 August

China Festival kicks off in Stockholm

GMT 09:55 2013 Tuesday ,12 February

Arab Idol has been a turning point

GMT 08:34 2016 Monday ,05 September

String of blasts kill 18 across Syria

GMT 23:32 2017 Tuesday ,06 June

British police name two London attackers
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice 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 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice