CHINA: GM CAR SALES HIT RECORD HIGH IN CHINA.(Brief Article)

IPR Strategic Business Information Database, July, 2004

General Motors, the world's largest automaker, has announced that its car sales in the first half of the year in China hit a record high of 259,653, up 57.6 percent from the same 2003 period. Shanghai GM, the US automakers' largest joint venture in the country, sold 141,319 passenger cars in the first half of this year, an increase of 92.4 percent.

The sales of SAIC-GM-Wuling, GM's mini-vehicle joint venture insouth China, rose by 32.5 percent from the same period last year to 115,938 in the first six months. - (EMEconomy.com)