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INTERVIEW-GM sees 2009 China vehicle sales up over 10 pct

Published 07/01/2009, 04:17 AM
Updated 07/01/2009, 04:32 AM

SHANGHAI, July 1 (Reuters) - General Motors expects more than 10 percent growth in its vehicle sales in China this year, the automaker's China chief Kevin Wale said on Wednesday, up from a previous forecast.

"We will have more than 10 percent growth this year for sure," Wale, president and managing director of GM's China operations, told Reuters in a phone interview.

In the first six months of this year, GM's vehicle sales in China rose 38 percent to 814,442 units, an all-time first-half record, as China's stimulus policies boosted automobile demand.

Nick Reilly, GM's president for the Asia Pacific region, said late last year that he expected the China car market to be flat to slightly up in 2009 and that the U.S. auto maker would do a little better than the market. (Reporting by Fang Yan and Edmund Klamann)

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