General Motors said yesterday that it expects it sales in China to grow by more than 20 percent in 2009. It said that it remains hopeful that talks with China’s National Development and Reform Commission (NDRC) to sell its Hummer brand to Sichuan Tengzhong will continue positively.
GM’s China chief Kevin Wale’s new forecast is up by more than 10 percent.
“The market has got stronger than we thought. We had a very strong start to the year, so we think our growth (for 2009) will be a little over 20 percent,” Wale said.
He said that GM’s bankruptcy process in the United States had no impact to the company’s China sales.
GM’s China sales jumped 50 percent with a monthly record of 151,084 units sold in April.
– By: The Daily Auto Editor