China's SAIC Motor sees 2010 sales rising 13 pct-report

Newswire

SHANGHAI, Dec 23 (Reuters) - China's top vehicle producer SAIC Motor Corp said its 2010 sales would hit 3 million units, an increase of 13 percent from this year, the Shanghai Securities News reported on Wednesday, quoting the firm's chief executive. SAIC's sales may hit 2.65 million this year, said SAIC chief executive Chen Hong. China's auto market has been a bright spot this year amid a steeper-than-expected global downturn, thanks to Beijing's stimulus measures which have ...

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