GM Leads U.S. Carmaker Gains in China as Honda Sales Fall
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General Motors Co. and Ford Motor Co. reported record car sales in China last year, outpacing Japanese rivals hurt by production disruptions from the March 11 earthquake and Thailand’s floods.
Deliveries to Chinese dealers climbed 8.3 percent from a year earlier to 2.55 million vehicles, Detroit-based GM said in a statement yesterday. Ford said its sales grew 7 percent to 519,390 units. Toyota Motor Corp., Japan’s biggest carmaker, said last week that China sales rose last year at the slowest pace since at least 2004 and Honda Motor Co. yesterday reported its first ever annual decline in deliveries in the country.