Financial Times FT.com

GM enjoys China surge as VW slips

By Geoff Dyer in Shanghai

Published: January 5 2006 06:32 | Last updated: January 6 2006 02:43

General Motors, Hyundai and Honda reported strong increases in sales at their Chinese operations last year and are rapidly catching up on Volkswagen, which retained its market leadership but suffered a fall in sales.

GM, the world’s largest carmaker, was a particularly strong performer in China last year, increasing sales of all vehicles, including small vans, by 35 per cent last year to 655,000 units.

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