GM China Sales Outpace Market in '04
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General Motors' sales in China grew 27  percent last year, little more than half the pace it set in  2003 but outstripping estimates for 2004 growth for the world's  fourth-largest vehicle market.
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General Motors Corp. GM.N and Ford  Motor Co. F.N on Tuesday capped 2004 with another month of  weaker sales, but a stronger performance by top foreign  automakers pushed results to their highest levels since the  record month of October 2001.
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General Motors, the world&#39;s top auto maker, expects China&#39;s car market to recover from a recent slowdown by mid-2005, Chief Executive Rick Wagoner said on Saturday.
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DETROIT -- Toyota reported a 17 percent rise in its US sales in August, while GM sales increased 3.9 percent from a year ago as the companies said buyers looked to more fuel-efficient offerings. But Ford's sales dropped 11.6 percent and sales by Honda and DaimlerChrysler each fell 3.2 percent.
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Asian automakers, led by Toyota Motor and Nissan Motor, gained a record share of the US market in October as improved quality and fuel efficiency bolstered demand for their newest car and light truck models.
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General Motors Corp.  said on  Thursday that U.S. sales rose 3.4 percent in February, driven  by an increase in retail sales, but set its target for  second-quarter production 5 percent lower than a year ago.
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Toyota and Ford, two of the world's three largest auto makers, reported strong first-half sales in China's fast-growing market, where as relative newcomers they are competing to roll out new models to attract customers.
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General Motors Corp., the world's largest auto maker, said on Monday that China's WTO entry has benefited both foreign and domestic auto makers, but that China should fully embrace the organization's spirit of free trade.
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General Motors Corp.  said on Thursday that U.S. sales rose 3.4 percent in February, driven by an increase in retail sales, but set its target for second-quarter production 5 percent lower than a year ago.
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German conglomerate Siemens AG said on  Thursday its annual China sales jumped 28 percent on strong  demand for gas turbines, and forecast further growth even as  the government slows down the economy.
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HONG KONG, Sept. 11 /Xinhua-PRNewswire-FirstCall/ -- Global Sources' (NASDAQ-GS: GSOL) Third Bi-Annual China Supplier Survey shows that 70 percent of mainland China manufacturers plan to raise export prices in the next 12 months -- up from 63 percent at the end of the second half of 2005.
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China&#39;s car sales rose 13.94 percent in September from August to 194,100 units, the China Daily said on Monday, citing official data which signals further signs of life after months of weak growth caused by credit curbs.
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Led by General Motors Corp., the US automotive industry rebounded in September with one of its most robust months of the year. Sales were pushed up by 2005 models
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Shares of China Automotive Systems Inc. more than doubled in value Monday after the company said it was chosen as the exclusive steering pump supplier for a vehicle made by SAIC GM Wuling Automobile Co.
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China&#39;s information technology industry is expected to see a sales revenue of $322.3 billion in 2004, up 42.3 per cent year-on-year, becoming the country&#39;s leading driver for economic growth, a report said.
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Auto sales soared 10% in September, led by a 25% surge at General Motors and increases for Chrysler and Toyota. GM had its biggest gain in two years after boosting rebates.
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General Motors Corp  on Wednesday  reported worldwide sales of 9.37 million vehicles in 2007,  coming in just ahead of Japanese rival Toyota Motor Corp  (7203.T) in a closely watched race for the top spot in global  sales.