Thursday, July 12, 2007

China's SAIC says H1 vehicle sales up 23 pct

(Reuters) - Commercial vehicle sales topped 300,000 units during the
period, up 29 percent from a year earlier, with sales at
SAIC-GM-Wuling, a tie-up between SAIC, GM and Liuzhou Wuling
Automobile, up 23.3 percent at more than 282,000 units.




SAIC completed a $2.4 billion restructuring in late 2006,
transferring its key auto assests into Shanghai Automotive Co.
Ltd. .


Read more at Reuters.com Market News

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