General Motors: 1st Half China Sales Up 38% To Record 814,442 Units
June 30 2009 - 10:24PM
Dow Jones News
General Motors Corp.'s (GM) sales in China rose 38% in the first
half from a year earlier to a record 814,442 units, the company
said Wednesday.
"Vehicle sales in China are expected to remain strong in the
second half of 2009," Kevin Wale, GM China Group president, said,
adding new models will boost sales.
First-half sales by GM's commercial-vehicle joint venture in
China, SAIC-GM-Wuling Automobile Co., rose 49.9% from a year
earlier to 524,598 units, the U.S. auto maker said in a statement.
It didn't give year-earlier figures.
Sales by its passenger-vehicle joint venture, Shanghai General
Motors Corp., reached 288,843 units, it said. The statement didn't
say how that compared with the venture's sales in the first half
last year.
-By Patricia Jiayi Ho, Dow Jones Newswires; (8610) 6588 5848;
patricia.ho@dowjones.com