Tuesday, March 5, 2013

GM says Feb China auto sales down 10.6pc





General Motors Co and its China joint ventures sold 215,070 vehicles in the country in February, down 10.6 per cent from a year earlier, the US automaker said on Tuesday.


That compares with a 26 per cent year-on-year rise achieved in January. Data for January and February have been skewed due to the timing of the week-long Spring Festival holiday which fell in January in 2012 but came in February this year.


GM makes vehicles in China in partnership with FAW Group and SAIC Motor Corp.









via Business feed http://www.scmp.com/business/companies/article/1179453/gm-says-feb-china-auto-sales-down-106pc

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