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GM Sales Jump in China

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Not long out of bankruptcy, GM sales in China hit 144,593 for July, GM's best July China sales ever.

From Patricia Jiayi Ho, CNN Money:

BEIJING -(Dow Jones)- General Motors Corp. (GM) said Monday its sales in China surged 77.7% in July from a year earlier to 144,593 vehicles, a record for the month in the company's second-largest market.

"This was GM China's best July ever, extending an uninterrupted series of single-month sales records that started in January 2009," GM said in a statement.

China, which overtook the U.S. in January as the world's largest auto market by sales volume, is playing a key role in GM's recovery after it emerged from bankruptcy protection last month.

Read the full article.

Other Related Topics: China Investments , Foreign Automakers , General Motors

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