[lbo-talk] GM says 2006 China vehicle sales up 32 pct

uvj at vsnl.com uvj at vsnl.com
Fri Jan 12 07:03:07 PST 2007


Reuters.com

GM says 2006 China vehicle sales up 32 pct http://today.reuters.com/news/articleinvesting.aspx?type=marketsNews&storyID=2007-01-08T015543Z_01_SHA142688_RTRIDST_0_GM-CHINASALES.XML

Sun Jan 7, 2007

SHANGHAI, Jan 8 (Reuters) - General Motors Corp. (GM.N: Quote, Profile , Research), the world's largest auto maker, said it sold 31.8 percent more vehicles in China in 2006 than in the previous year.

GM sold 876,747 vehicles in China during the period, 211,000 more than in 2005, it said in a statement released late on Sunday.

Sales at its flagship car venture with Shanghai Automotive Co. (600104.SS: Quote, Profile , Research) rose 27 percent to 413,367 cars, while sales at its commercial vehicle tie-up in south China came to 460,155 vehicles, up 36.5 percent.

© Reuters 2007. All Rights Reserved.



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