GM's CEO expects China car sales to pick up by H1

Newswire

By Ben Blanchard SHANGHAI, Oct 30 (Reuters) - General Motors, the world's top auto maker, expects China's car market to recover from a recent slowdown by mid-2005, Chief Executive Rick Wagoner said on Saturday. He said China remained on track to become GM's second-largest market by end-2004, even as sales slow following a government crackdown on easy credit. "Generally they've been levelling out and our outlook is the market will continue to be relatively slow in its growth for the ...

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