24x7 Wall St. logo 24x7 Wall St. 3 weeks ago

GM Doubles China Sales In October

As GM begins the process of restructuring its European sales at Vauxhall and Opel along the lines of the downsizing it went through in the US, it must take some degree of comfort and profit from the Chinese market. Full Article at 24x7 Wall St.

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  1. Powered by tax cuts and stimulus spending, China's October auto sales soared 72% from a year earlier, outpacing U.S. sales for another month, according to data reported Monday. Full Article at Detroit Free Press

  2. BMW Group's worldwide sales in October increased 2 percent over the same month a year ago, helped with strong growth in China, India and Brazil. However, U.S. sales for October dropped 19.1 percent from the year before. Full Article at GreenvilleOnline.com

  3. FRANKFURT : The German luxury car maker BMW said on Monday that its sales rose further in October, with a leap in China, news echoed by German rival Audi. Full Article at Channel News Asia

  4. China October auto sales up 72 percent on stimulus By JOE McDONALD AP Business Writer In this photo taken Sunday, Nov. 8, 2009, a man pushes a cart through a traffic jam in Guangzhou, in south China's Guangdong province. Full Article at KansasCity.com

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  1. SHENYANG, CHINA-DECEMBER 01: People dressed in a condom costume to mark World AIDS day at business district on December 1, 2009 in Shenyang, Liaoning Province of China. Nationwide activities were held to welcome the World AIDS Day which falls on December 1.
  2. Train station officers bearing AIDS awareness symbols stand in lines during an AIDS awareness event on the World AIDS Day held at the Beijing's south railway station, Tuesday, Dec. 1, 2009.
  3. BEIJING, CHINA - DECEMBER 1:  European Commission President Jose Manuel Barroso (L) talks to Chinese President Hu Jintao (R) and Swedish Prime Minister Fredrik Reinfeldt (C) during their meeting at the Great Hall of the People on December 1, 2009 in Beijing, China.
  4. Nick Reilly, interim head of General Motor's European business sits in an Opel Insignia at the headquarters of German carmaker Opel in Ruesselsheim November 25, 2009. General Motors has paid back a loan from Germany and slightly lowered its target for job cuts at struggling European unit Opel.
  5. LONDON, ENGLAND - NOVEMBER 24:  Lord Mandelson the Secretary of State for Business Innovation and Skills examines a new Vauxhall Astra car outside the Queen Elizabeth II Conference Centre on November 24, 2009 in London, England.
  6. ELLESMERE PORT, ENGLAND - SEPTEMBER 15:  British Prime Minister Gordon Brown tours the production line of the new Vauxhall Astra, which coincides with the  launch of the car at the Frankfurt Motorshow, on September 15, 2009 in Ellesmere Port, England.
  7. LUTON, ENGLAND - SEPTEMBER 10:  A worker leaves the Vauxhall car plant after the parent company, General Motors, announced it is to sell Vauxhall and Opel to Canadian car parts manufacturer Magna on September 10, 2009 in Luton, England.
  8. BERLIN - SEPTEMBER 10:  John Smith (R), lead negotiator for U.S. carmaker General Motors, and Fred Irwin (C), Chairman of the Opel Trust Board, arrive to announce GM's final decision of the future of German carmaker Opel on September 10, 2009 in Berlin, Germany.

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