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Politics : Formerly About Advanced Micro Devices

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From: tejek7/2/2010 10:04:06 AM
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GM says China sales overtake US for first time

GM says first-half China sales rise 50 percent, overtaking US sales for first time

SHANGHAI (AP) -- General Motors Co. says its first-half sales of vehicles in China overtook the U.S. for the first time amid a fitful recovery in American demand.

The 1.21 million GM-brand vehicles sold in China in January to June -- a near 50 percent gain over a year earlier -- compared with 1.07 million sold in the U.S. market, according to figures released separately by GM's U.S. and international headquarters.

The shift reflects GM's growing reliance on stronger growth in emerging markets, especially China, to offset sluggish sales back home.

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finance.yahoo.com
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