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- Oct 3, 2013
- Updated: 9:38pm
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.
Business›Companies
GM says August China auto sales up 11.2pc
Wednesday, 04 September, 2013, 12:51pm
GM said vehicle sales rose 11.1 per cent year-on-year in July in China. Photo: AFP
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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