GM gets Chinese boost 8th January 2007
Sales at General Motors' (GM) Chinese operations saw a considerable increase during 2006, demonstrating the growing demand for vehicles in the region.
GM announced that it has seen sales in China increase by 32 per cent over the course of 2006, with 876,747 vehicles being sold during the 12 months.
Kevin Wale, president of GM China commented: "Vehicle sales continued to outpace most projections as a result of unprecedented consumer demand for passenger cars."
The Chinese market is now one of the largest growth areas in the world and many experts are predicting continued growth throughout 2007 as the country continues to prosper and GM said that China is currently its largest market outside the US.
Ford has also revealed massive growth in sales at its Chinese operations, doubling to 129,790 units.
The China Association of Automobile Manufacturers has predicted that the demand for Chinese vehicles will rise by another million by the end of 2007, increasing to eight million from seven million during 2006.
Ÿ Adfero Ltd
Related articles
- Moving towards cleaner exhaust systems
- Automotive Roundup May 2012
- PLATINUM MARKET SWUNG BACK INTO SURPLUS LAST YEAR, MARKET FORECAST TO REMAIN IN OVERSUPPLY IN 2012
- Johnson Matthey announces expansion of Macedonia autocatalyst plant
- Johnson Matthey unveils new Modulex catalytic convertors and silencers

Bookmark Using:
Send by email Share on Facebook Tweet this LinkedIn Digg it Bookmark with Delicious Subscribe to Feed Print this page