Carole Nash Classic Insurance Specialists

China Watch : SAIC Motor’s Sept auto sales up 23.3% year on year

Automotive News Europe/Reuters, 11th October, 2010

BEIJING (Reuters) – Top Chinese automaker SAIC Motor Corp. said on Monday it sold 13.3 percent more vehicles last month than in August, and 23.3 percent more than in September 2009.

SAIC Motor, which runs vehicle manufacturing ventures with General Motors Co. and Volkswagen AG, sold 324,831 vehicles last month, it said in a statement to the Shanghai Stock Exchange.

That compared with 286,814 vehicles it sold in August, company data showed.

[Source: Automotive News Europe/Reuters]

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