China Watch : SAIC Motor says August sales up 22%

Automotive News Europe/Reuters, 7th August, 2010

BEIJING (Reuters) – Top Chinese automaker SAIC Motor Corp. said on Tuesday it sold 22 percent more vehicles in August than a year earlier.

SAIC Motor , which runs vehicle manufacturing ventures with General Motors Co. and Volkswagen, sold 286,814 vehicles in August, compared with 234,616 in the same month of last year, the company said in a statement to the Shanghai Stock Exchange.

[Source: Automotive News Europe/Reuters]

Clive Goldthorp

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