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GM Says China Sales Up 67 Percent in 2009

Last post 01-20-2010, 8:20 AM by Bob F.King. 0 replies.
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  •  01-20-2010, 8:20 AM 153515

    GM Says China Sales Up 67 Percent in 2009

    General Motors Co. said Monday that 2009 sales in China by the company and its local partners rose 67 percent to a record 1.8 million vehicles amid tax cuts and incentives to help boost the industry. Detroit-based GM and other global automakers are looking to China's fast-growing market to drive sales amid slack demand elsewhere. Chinese auto purchases surpassed those in the United States for all but two of the first 11 months of the year. Total sales for December are yet to be released.
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