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GM China auto sales fall in Aug, Sept

From:Trading MarketsOctober 16, 2008

General Motors Corp's vehicle sales in China fell in August and September, the Wall Street Journal reported, citing GM Asia Pacific president Nick Reilly.

Reilly did not provide figures for the two months. GM has not released third quarter data for China.

Last month, he said GM expects sales growth in China this year of between 11 pct and 12 pct, down from 12-15 pct growth projected in March.

However, beyond 2008, Reilly said he expects China's auto market to maintain 10-15 pct growth over five years.

GM's China sales rose 18.5 pct to 1.03 mln units in 2007.

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