AUTOSHOW-China's SAIC doubles own-brand 09 sales target

Newswire

GUANGZHOU, Nov 23 (Reuters) - SAIC Motor Corp , China's biggest carmaker, expects to sell about 90,000 of its own-brand vehicles this year, nearly double its original target, a company executive said on Monday. The company aimed to sell double that number in 2010, said Chen Hong, speaking to reporters at the Guangzhou Autoshow. Chen said the company expected to sell 2.65 million vehicles in total this year. The company, one of General Motor's [GM.UL] partners in China, planned to begin ...

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