Subscribe free to our newsletters via your
. 24/7 Space News .




CAR TECH
GM says China sales grow despite slowdown
by Staff Writers
Shanghai (AFP) Sept 5, 2012


General Motors' sales in China hit a record 220,996 vehicles in August, the US auto giant said Wednesday, despite an economic slowdown in the country with the world's largest car market.

GM's August sales in China rose 7.3 percent compared to the same month last year and 10.8 percent from this July, it said in a statement.

For the first eight months of this year, the company and its ventures sold more than 1.8 million units in China, up 11.2 percent year-on-year.

China's nationwide auto sales slowed last year after the government rolled back purchasing incentives and some cities imposed limits on car numbers to ease traffic congestion and cut pollution.

The southern city of Guangzhou in July set rules to limit the number of cars through a quota on the number of vehicle number plates made available by the government, following other cities like Beijing and Shanghai.

China's auto sales rose just 2.5 percent to 18.51 million units in 2011, compared with an annual increase of more than 32 percent in 2010.

But foreign brands have managed to buck the trend with better brand recognition and perceptions of better quality among domestic consumers.

GM sold more than 2.5 million vehicles in China last year.

.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








CAR TECH
US auto sales jump 20 percent in August
Chicago (AFP) Sept 4, 2012
US auto sales jumped 20 percent in August to the best performance in three years even as higher gas prices drove a shift towards smaller and more fuel efficient vehicles, industry data showed Tuesday. The results will be welcome news for President Barack Obama, who is touting his rescue of General Motors and Chrysler as he fights for reelection in November amid charges he didn't do enough to ... read more


CAR TECH
NASA's GRAIL Moon Twins Begin Extended Mission Science

Flags at half mast across US for Armstrong funeral

Walls of Lunar Crater May Hold Patchy Ice, LRO Radar Finds

Russia's moonshot hope 'not a dream'

CAR TECH
Curiosity Has a Photo Day

Marks of Laser Exam on Martian Soil

Opportunity Drives And Images Rock Outcrop

Opportunity Exceeds 35 Kilometers of Driving!

CAR TECH
Space-age food served up with seeds of success

Africa eyes joint space agency

Africa needs own space agency: Sudan's Bashir

Moles, crabs and Moon dust: DLR at the ILA Space Pavilion

CAR TECH
Tiangong Orbit Change Signals Likely Date for Shenzhou 10

China Focus: Timeline for China's space research revealed

China eyes next lunar landing as US scales back

China unveils ambitious space projects

CAR TECH
Crew Wraps Up Preparations for Wednesday's Spacewalk

Building MLM Under Way at Khrunichev

Astronauts Complete Second Expedition 32 Spacewalk

Crew Makes Final Preps for Thursday's Spacewalk

CAR TECH
First-Stage Fuel Loaded; Launch Weather Forecast Improves

NASA launches mission to explore radiation belts

ISRO to score 100 with a cooperative mission Sep 9

NASA Administrator Announces New Commercial Crew And Cargo Milestones

CAR TECH
NASA's Kepler Discovers Multiple Planets Orbiting a Pair of Stars

How Old are the First Planets?

Kepler discovers planetary system orbiting 2 suns

NASA, Texas astronomers find first multi-planet system around a binary star

CAR TECH
Mobile gadget gamers take lead in US: NPD

Microsoft, Nokia step up arsenal in smartphone wars

UCF researchers record world record laser pulse

Miner Lynas gets Malaysia rare earths plant approval




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement