GM Says China Auto Sales May Rise as Much as 10% This Year

Feb. 21 (Bloomberg) -- General Motors Co. (GM) may see a 10 percent sales jump in China this year, matching its top-range forecast for industry wide growth in the nation, where consumers are buying more cars and the company plans 19 new or refreshed vehicles.

GM, the second-largest foreign automaker in China, on that basis could see auto sales increase to about 3.5 million this year from 3.16 million in 2013. The Detroit-based company is forecasting an industry sales jump of 8 percent to 10 percent in the country.

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