www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Economy

Markets

Industries

Insights

Reports

Events

GM expects China 2009 sales to grow 5-10%

(Agencies)
Updated: 2009-04-20 13:57

General Motors Corp expects its sales in China, which has overtaken the United States as the world's largest auto market, to grow 5 to 10 percent this year, GM China CEO Kevin Wale said on Monday.

The company's Asia-Pacific chief, Nick Reilly, added that the future success of the struggling company, which is working to complete a restructuring that could include a bankruptcy filing, depended on the Asia-Pacific region and that it was seeking opportunities in the countries of the Association of Southeast Asian Nations (ASEAN).

China has been one of the leading bright spots of the struggling global auto industry, posting year-on-year sales growth of more than 10 percent in March as government stimulus measures helped fuel a recovery in demand.