GM says Oct China auto sales up 14 pct yr-on-yr

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GM says Oct China auto sales up 14 pct yr-on-yrNov 5 (Reuters) – Co and its Chinajoint ventures sold 251,812 in the country in October, up 14 percent from a year earlier, the U.S. said on Monday.

The pace of growth was faster than the 1.7 percent year-on-year rise achieved in September.

For the first ten months, sales were up 11 percent to 2.3 million units, the company said in a statement.

GM makes vehicles in China in partnership with FAW Group and SAIC Motor Corp.

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Its flagship car venture in Shanghai sold 117,611 in October, up 14 percent from a year earlier. Sales of its mini van venture in south China came to 129,806, up 16 percent.

Source: Reuters

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