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GM

General Motors (GM) is a US carmaker that was the world’s biggest, although Toyota is challenging it for the title. It was hard hit by the global financial crisis, needing a government bailout, but emerged from chapter 11 reorganisation in 2009, and held an initial public offering in 2010. It returned to profit in 2011.

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GM says August China auto sales up 11.2pc

PUBLISHED : Wednesday, 04 September, 2013, 12:51pm
UPDATED : Wednesday, 04 September, 2013, 12:51pm

General Motors and its Chinese joint ventures sold 245,799 vehicles in China in August, an 11.2 per cent increase from a year earlier, the US automaker said on Wednesday.

In July, year-on-year vehicle sales rose 11.1 per cent.

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

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