Forbes -
3 Nov 2015 22:44
When General Motors announced results for the third quarter of fiscal 2015 recently, it announced record profits in North America and record unit sales in China, driven by a 171% increase in sales of SUVs. However, it also sounded a note of caution regarding future expectations from the Chinese car market: while previously, China could reliably be expected to post double-digit growth in unit sales year after year, GM said that it expects car sales to grow in low single digits for the rest of the...
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