Monday, December 6, 2010

RIO DE JANEIRO - Vehicle production in Brazil reached a record-high 3.35 million units in the first 11 months of 2010, up 14.6 percent from the same period last year, the National Automakers' Association (Anfavea) said Monday

Thursday, December 2, 2010

Automakers benefit as domestic sales soar

BEIJING - Automobile manufacturers continued to benefit from brisk domestic sales in November, as General Motors (GM) led the industry in releasing higher figures on Thursday.
GM, which recovered from last year's bankruptcy protection crisis thanks, in part, to its prosperous business in China, reported a November sales record of 196,990 units, with an 11.2 percent rise on an annual basis, supported by an all-time record monthly demand for vehicles in its Buick and Chevrolet brands.
For the first 11 months, sales by GM and its joint ventures in China were up 32.7 percent year-on-year to 2,172,395 units.